ES Journal Archive (2006 - 2008)

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Quote from optioncoach:

Except the market is not obligated to bounce the ball back... :D

I learned never to expect anything from the market lol...
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trading is a framework of expectations, whether you succeed or not is based on how you react to your expectations coming to. Its really not the expectations themselves.
 
Quote from Spectre2007:

trading is a framework of expectations, whether you succeed or not is based on how you react to your expectations coming to. Its really not the expectations themselves.
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Sounds Hershey-ian lol.

My point was, the market was not going to go to 1480 by close cause it was "expected" :)
 
Quote from Spectre2007:

its expected,
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Yeah, good weather was expected for the weekend and we are planning like that, but right now it is overcast and rainy.

I thought your 1480 was a typo. You could have expected 1470 easily, but 1480 was what, 6 sigma?

Longer term I agree, we should go higher after today's consolidation, so 1480 could be in the cards TOMORROW...
 
I remain bearish on the market, it's unable to clear upper channel line, so far at least. ImE the more failure swings it is more realistic to expect it lead to a re-test of current lows (in this case). Just an opinion, still short 3rd lot (DAX).

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1587496>
 

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Quote from brotherben:

if that paper ever catches fire nyc goes up in smoke quickly...
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You are supposed to flush it after you wipe Porgie & stop playing with matches. I see you still come here to kill time, sad.
 
Quote from brotherben:

romik, my boy, let's be nice this time...i take back the paper comment...happy trading....
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There's no need to shitstir Porgs, some papertrade, some don't, who cares anyway? What matters is being constructive in your criticism :)
 
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