ES Journal Archive (2006 - 2008)

[elovemer]

.... i learned something good from studying b1s2's old posts ....
.... and apex's s/r posts are really good.... but heck if i know how he comes up with them....
.... maybe i should ask him
.... you might do a selective search of the thread for the posters that are helpful....
.....being a noob helps with posting... since the big egos around here tend not to abuse you like they do each other....
....noobs unite!

Quote from kidPWRtrader:
I don't like posting in threads when I'm not directly on topic. Sort of common curtesy i'd expect others to have I guess. Especially in useful threads so as not to sidetrack.
I will start from the beginning. It's not the work that is daunting, I just like to know before I begin if someone has already taken the journey, if its worth it to take. Other than that, I'm not a person who wants anything on a silver platter.

Thanks for the response.

 

[Jaxon]

When I wake up and turn the screens on and I see ES is up 7 points (on 48k volume) and NQ is up 10 points (on less than 5000 volume!!) is there a good source of info that would at least give me an excuse for why the futures are "indicating a higher open" ? yada yada Europe is higher, I know... just save me from scouring the internet.

 

[JSSPMK]

Quote from Jaxon:

When I wake up and turn the screens on and I see ES is up 7 points (on 48k volume) and NQ is up 10 points (on less than 5000 volume!!) is there a good source of info that would at least give me an excuse for why the futures are "indicating a higher open" ? yada yada Europe is higher, I know... just save me from scouring the internet.

 

[JSSPMK]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1660856>

 

[BoyBrutus]

Quote from kidPWRtrader:

I don't like posting in threads when I'm not directly on topic. Sort of common curtesy i'd expect others to have I guess. Especially in useful threads so as not to sidetrack.

I will start from the beginning. It's not the work that is daunting, I just like to know before I begin if someone has already taken the journey, if its worth it to take. Other than that, I'm not a person who wants anything on a silver platter.

Thanks for the response.

KPT

You were a regular poster on Aneks thread and if anybody asked me thats where I would point them.
Be careful of cluttering up your mind with $hit as you will spend the rest of your time unlearning bad habits etc. (one of porgies/brotherben's bits of advice)
There is no holy grail there is no certainty this is a game when sometimes less is more. The only more you need is screen time.

Be careful the path you choose as the journey back to where you began can be a longer one.

Good journey to you
BB

PS note everything, everything, you observe in the market, in your journal. Its amazing what a virgin pair of eyes will see before they put the blinders on you, review it every 6 months or so.

 

[Spooz Top]

overnight buyers are doing thier best to negate the 15/30 min H&S.......coupled with an island reversal as the head.

this is typical overnight PA..... RTH had their way to push it down towards the close but on thin vol overnite,they manage to push it up.

just wanted to say that was a nice read by Apex & Mbusch on their sells as they went nicely ITM with their positions.

there was a nice 15/30 min sell signal at 3:30 on Mon 10/29 but was not looking for it so close to fomc.....that i completely missed it........nice job guys.

 

[Buy1Sell2]

I know it doesn't look like it today, but I believe the next big multi year trade is in long Yen futures against the dollar. I am long in "Eclectic" already and taking some heat, but I will hold much longer term if possible.

(Never risk more than 2 percent of trading capital)

 

[apex82]

Quote from Buy1Sell2:

I know it doesn't look like it today, but I believe the next big multi year trade is in long Yen futures against the dollar. I am long in "Eclectic" already and taking some heat, but I will hold much longer term if possible.

(Never risk more than 2 percent of trading capital)

Yen does look like a multi-year bull just forming now.. thanks for bringing that one up...

 

[Buy1Sell2]

If the daily chart ended the way it looks right now, I would have to consider getting long on the close. It's a long time until close of course.

 

[kinggyppo]

Quote from kinggyppo:

Setting up for a nice overnight gap up.

es up $8.30. I thought the sell off yesterday afternoon was fairly predictable. Have made two adds to my initial position, took some heat at the close yesterday. Also long some BIDU calls from a week ago. Good trading.

Looking for .25 basis cut; assuming market will rally on this news.