ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

2m starting to show signs of poss recovery towards 1338

Last 50% of 1/3 position covered +16.75

Have a nice weekend all!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1802468>
 

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Right now, it looks like your weekend is looking better than mine, Nice trade JSSPMK.

Have a great weekend

the trading here is not over yet though
:D
 
Quote from volente_00:

pattern is still in ES


they are trying hard to break 37 but I think it is still a trap.


I still see a fake break down and then a wycoff thrust


ps


don't underestimate the 10:30 crew



:D

You mean "spring". "Upthrust" is a false breakout to the upside. "Spring" is a false breakout to the downside. Those are specifically Wyckoff terms.

You can call them a ham sandwich for all I care. Either way, they're powerful patterns.
 
TY Ammo & Vertigo!

Yes indeed, I will have a look at how day will unfold later on, I got what I wanted. If it continues decline I have no regrets.

Best to all!
 
Quote from regal_2012:

I personally think we roll higher form here on out.

Any1 selling here is a complete fool.

looking for 1426 soon.

Wakey wakey, if day finishes near the lows there is a high likelihood of stock dumping come Monday ImO. You must see bullishness via technicals to buy at these levels, clearly I don't see it, so I may be wrong. All I sense, based on current daily histo pattern, is that bulls are getting worried and bears are getting braver, there is no getting away from psychological part of the market, if there is no signal from bulls buying, then only powers that be have the authority to come in and move this higher negating the bearish pattern that I am seeing. Talking market up is not going to put $ in your pocket :)
 
Fundamentally nothing has changed. We need some bad news to break us out of this 1320 to 1370 range.

My bold prediction prediction we end up right in the middle of that daily triangle at the end of the day.

Quote from JSSPMK:

Wakey wakey, if day finishes near the lows there is a high likelihood of stock dumping come Monday ImO. You must see bullishness via technicals to buy at these levels, clearly I don't see it, so I may be wrong. All I sense, based on current daily histo pattern, is that bulls are getting worried and bears are getting braver, there is no getting away from psychological part of the market, if there is no signal from bulls buying, then only powers that be have the authority to come in and move this higher negating the bearish pattern that I am seeing. Talking market up is not going to put $ in your pocket :)
 
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