ES Journal Archive (2006 - 2008)

[avarus]

Quote from JSSPMK:

ImO your work is awesome and nobody can deny your level of expertise in market oscillation cycles. The problem with longer term analyses is that majority of readers/posters on ET mainly have passion/ability to trade on shorter term periods.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1757498>

the markets oscillate. They oscillate to where the greed and fear emotions will come into play and it happens in every fractal of time (5m, hourly, daily, etc) I know Spectre2007 knows all about this as well after having read his notes. Springs and Thrusts on all fractals of time is what creates volatility and the start of new trends in that time fractal. If you have deep pockets you can participate from the top or bottom, otherwise just play it safe and play the breakout or breakdown.

 

[avarus]

Quote from CPTrader:

So in this case, what's the long term forecast, what's the counter trade, what's the counter trade target, what's the trailing stop, etc.

The long term short forecast is 1225-1200. The long term long forecast is 1560-90. Buy stops are at 1297.50 and looking to be moved in tighter as we are in the short forecast target zone. I will look to buystop long into the market as well as start buliding a long position on balance. The latter requiring more precision with the turning points.

 

[avarus]

Now take the time to read the nuggets Buy1Sell2 dropped in his threads and you will prosper.

 

[apex82]

Quote from RsX:

apex, could you post a visual on that 3rd wave on daily? wonder if you're seeing a similar structure there.

Here's my visual

This my view on the spx cash...

We still have a great selling oppurtunity in the near future. I am still short the nasdaq on a position basis and am waiting for a bounce on the S&P to get short and add to my nasdaq position.

 

[Lucrum]

Quote from rc5781:

when does globex open again?

I believe it's a normal open this evening.

 

[princessa]

Quote from riskymove:

While this is certainly ugly action, does anyone smell any hint of short hedgies pressing on the day the US exchanges are closed? I have no idea what the rest of today and tomorrow brings, but the odds for Tuesday morning rate cut must have just increased substantially. It just seems with the cash exchanges not open today, that it was the perfect day to create the maximum fear. Slash overseas markets and futures and give everyone a day to panic because they cannot do anything.

agree.

and btw, wtg b1s2! sitting pretty doesn't begin to describe it....

 

[CPTrader]

Quote from avarus:

The long term short forecast is 1225-1200. The long term long forecast is 1560-90. Buy stops are at 1297.50 and looking to be moved in tighter as we are in the short forecast target zone. I will look to buystop long into the market as well as start buliding a long position on balance. The latter requiring more precision with the turning points.

Thank you,

so in essence your system is SHORT waiting to reverse at 1297.5 or take profits at 1225-1200

OR

is it flat waiting to get long at 1225-1200 or 1297.5 stop.

Which one? Thanks.

 

[princessa]

with regard to globex next open, could you please clarify the hour?

 

[ganesh6]

It opens 17:00 CT.

Quote from princessa:

with regard to globex next open, could you please clarify the hour?

 

[ammo]

princessa n the future u can find that info at CME ,symbol for the chicago board mercantile exchange