ES Journal Archive (2006 - 2008)

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..... much like the drop from 1586.75 ....
.... diamond follows diamond....
edit...if the august low was wave 4
... and if the 1586.75 was wave 1 of 5 for wave 5 .....
....and if we can complete this C of ABC for the wave 2 of 5......
.... then we would still have waves 3-5 to ride up......
.... i think 1400 would be a great place to begin wave 3 of 5 :)
....noobs.... what are you gonna do with em?
 
Quote from Buy1Sell2:

My method has been described nearly in it's entirety here at ET. A quick look at a chart now should reveal what I am thinking and why at any given time. :)
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ImO you are looking for a divergence in histogram on the daily chart, me too.
 
i hope someone caught that beautiful fade with me......popped exactly to the 50% premarket.......then defacated all over itself.
had my laptop in mycar with me & had to pull over to a Holiday inn express on rt 17 to cover that bad boy.

this Vol is flat out heaven....i have some beautiful fib confluence at 22/24 as R........then 31/33.......should we trade above our channel at 19/20 currently.

a LL could easily be in the cards....many posibilities today!

good trading
 
Quote from mbusch:

Bear flag breakout to the downside (unless this is a head fake).
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Doesn't look like a head fake. 1503 is now resistance. Down from here.

EDIT: We need higher volume to propel us to new lows. Watch for it to kick in.

EDIT: There it is. Textbook.
 
Quote from Spooz Top:

i hope someone caught that beautiful fade with me......popped exactly to the 50% premarket.......then defacated all over itself.
had my laptop in mycar with me & had to pull over to a Holiday inn express on rt 17 to cover that bad boy.

this Vol is flat out heaven....i have some beautiful fib confluence at 22/24 as R........then 31/33.......should we trade above our channel at 19/20 currently.

a LL could easily be in the cards....many posibilities today!

good trading
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Congrats!

I must admit I didn't see it coming, it was prudent to open an option hedge, fdax did go my way over 100 points, I was obviously counting on much more than that.

Spooz...............still..........waiting.......for..........your analyses, maybe I misssed..........it
 
Taking profits here on my shorts. Buying at 1498 is impressive. I suspect we will be going up before we go down to new lows. Not going long, but looking to re-enter short from higher prices.
 
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