B1S2, would love to hear your opinion of current market and will you be adding to your short here ?
ES Journal Archive (2006 - 2008)
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Quote from mbusch:
Sorry for late post...got a phone call.
Short from 1517.50.
Closed half at 1514.25 for +3.25.
Letting other half run for possible 1507. Stop at BE, will be trailing it down.
EDIT: Son of a B... Stopped out at BE. I really should have stayed in bed today. :eek:
EDIT: This looks very bearish to me. On my 240-tick chart, I'm seeing a big H&S formation with a DT head and a DT right shoulder. What can I do? Short again from 1517.25, with fingers and toes crossed.
EDIT: Where the heck is gravity when you need it?
Are you talking about the big one on the 1 year chart ? Anyone else watching the long term chart as we build right shoulders on dow and spx ? Nearly every time in the past, a long into FED day was sure money. I say this time will be different. I think we see 1490 cash and maybe lower.
:eek:
very big points captured on failed patterns......kapiche
I have this secret little strategy...i look at my chart as it paints the candles up and down....so when up i buy contracts...when down sell contracts...when sideways wait for the re-fueling to end and more up or down then I enter again....please don't tell anyone this secret system....this is for intraday eminis....shhhh
dollar bear positions exited.. almost all dollar bear positions ran into profit intervals.
clean slate for tommorrow.
dispersion trade in ES roundtripped.
good luck to everyone...
sure they can run it up...
sure they can run it down...
the picture is being painted of a run up more so then a run down..I anticipate 1535-38 in ESZ7.
the backdrop sentiment is not there, for a positive tone in the market, though prices are moving up, my gut is preventing me from taking a overtly bullish tone. Next summer the market has a chance to escape the macro backdrop.
it seems world economies are running on fumes..the last hooray..
a shift in the political landscape will bring some fresh air into the market, we are tired of wars and thieves sitting on thrones.
clean slate for tommorrow.
dispersion trade in ES roundtripped.
good luck to everyone...
sure they can run it up...
sure they can run it down...
the picture is being painted of a run up more so then a run down..I anticipate 1535-38 in ESZ7.
the backdrop sentiment is not there, for a positive tone in the market, though prices are moving up, my gut is preventing me from taking a overtly bullish tone. Next summer the market has a chance to escape the macro backdrop.
it seems world economies are running on fumes..the last hooray..
a shift in the political landscape will bring some fresh air into the market, we are tired of wars and thieves sitting on thrones.
channel top for tomm...
the last signal..
this simple moving average system faring better the 99.9% of the traders in capturing huge price intervals between signals.
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