ES Journal Archive (2006 - 2008)

Pekelo · Oct 11, 2007

Quote from Buy1Sell2:

I will be staying long here, especially with the strong 60 minute and 240 charts going the way that they are.

I think you have been long from 1537. Went up to 1587 today, nice 50 pts gain, and just in a few hours 50% of the gains evaporated. I think you don't use stops, do you?

I am curious, what's the gameplan now?

Spectre2007 · Oct 11, 2007

Quote from Pekelo:

I think you have been long from 1537. Went up to 1587 today, nice 50 pts gain, and just in a few hours 50% of the gains evaporated. I think you don't use stops, do you?

I am curious, what's the gameplan now?

the tone of your question and past questions is precisely what irks people.

tortoise · Oct 11, 2007

Quote from osorico:

Yes, I meant value area low. I refer to high and low value areas as LVA and HVA hence my terminology.

I use price for my levels. Volume is misleading imo... a good part of this rally (not just today) has occured on light volume. Equilibrium price is much more important than volume.

As for your comment regarding the HVA action... too pedestrian for this trade, 1 car, 6 tick stop! A touch of the HVA is/was a gimme scalp. My primary instrument is YM. Taking my "front running" skills to other instruments (successfully) makes me happy.

Good questions tortoise, I hope I answered them

Osorico

Yes, thanks so much for the answers. Had to zip off to the dentist to have a couple of wisdom teeth pried from my upper jaw. Then, as if to to add insult to injury, what do I come back to but the short of the week? Some comfort in seeing that I closed my long at 1586.25. Still, my four points seem rather measly in the scope of things....

kinggyppo · Oct 11, 2007

Quote from Spectre2007:

the tone of your question and past questions is precisely what irks people.

Spectre, where have you been? No one to correlate the currencies. I miss your macro commentary!

Spectre2007 · Oct 11, 2007

Quote from kinggyppo:

Spectre, where have you been? No one to correlate the currencies. I miss your macro commentary!

http://www.trade2win.com/boards/showthread.php?t=26559&page=16

here. :eek:

Spooz Top · Oct 11, 2007

Quote from Spectre2007:

the tone of your question and past questions is precisely what irks people.

nice to hear from you ,Spec.........

JSSPMK · Oct 11, 2007

Quote from Spooz Top:

major reversal here..........time to put on your shorts & sell the lifts........every lift is a gift from here on out ,imo

FDAX's MACD lower lower, now we have a bearish hammer on 240, get ya shorts on

atticus · Oct 11, 2007

I didn't want to post a farewell, but it will save a lot of PMs. I realized it was a losing proposition when I noticed that fully 50% of the "recent posts" list were pumping threads by the stock trader and mymini crowd.

Good luck to all. This is one of the best threads in ET's history.

atticus/riskarb

kinggyppo · Oct 11, 2007

Quote from atticus:

I didn't want to post a farewell, but it will save a lot of PMs. I realized it was a losing proposition when I noticed that fully 50% of the "recent posts" list were pumping threads by the stock trader and mymini crowd.

Good luck to all. This is one of the best threads in ET's history.

atticus/riskarb

Its gotten bad, the board is turning more and more into yahoo. The trading section is filled everyday with idiotic posts, questions,
and off topic stuff. I have no solution except the democracy of ignore.

JSSPMK · Oct 11, 2007

Quote from atticus:

I didn't want to post a farewell, but it will save a lot of PMs. I realized it was a losing proposition when I noticed that fully 50% of the "recent posts" list were pumping threads by the stock trader and mymini crowd.

Good luck to all. This is one of the best threads in ET's history.

atticus/riskarb

Personally, I regret seeing you go, quality poster