ES Journal Archive (2006 - 2008)

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Bonds reversed 3 weeks ago
Gold and the US$ did so, too the other
day.
So the 1st leg up could be on its way
though it appears a little bit early.
 
that is a bull flag that broke to the downside. IMHO they are just suckering in the shorts. I think we close above 1360.

Quote from ammo:

alright, short here , since 1356.is that a bull flag .or a rollover,back to 1348
 
Quote from Buy1Sell2:

Stopped myself out this morning. Roughly 140 points profit on 2 commissions. No ES position for now, I will look to get short again in the future. No longs for now. :)

Good job on a + trade. I have a question that I hope doesn't sound argumentative. I really am just interested in your thinking. I believe in the past you mentioned using a signal in the opposite direction as a possible exist of positions before it came back into your trailed stop. As I saw it you caught the very beginning of a major turn from bull to bear and there is usually a move back into the moving average on a weekly (20)Bollinger band. It seemed like you trailed past the BB MA just as a long divergence was signaling a relief rally. Could you explain why you didn't give more room and/or close out when it signaled in the opposite direction.

Thanks.

JIM
 
Quote from atticus:

Rule of 10 short at 1335! lmao

You're about 16 hours late bro. My understanding is that the rule wasn't intended to predict price traversing the same 10 point range back and forth indefinitely.

:)
 
Quote from tomahawk:

You're about 16 hours late bro. My understanding is that the rule wasn't intended to predict price traversing the same 10 point range back and forth indefinitely.

:)

Did it work? I assume we didn't gap from 1325 to 1357, right?
 
nothing works all the time. If you had a system that did, i expect you would not be hanging around this thread.

Quote from atticus:

Did it work? I assume we didn't gap from 1325 to 1357, right?
 
Quote from gwac:

nothing works all the time. If you had a system that did, i expect you would not be hanging around this thread.

Oh yes, thanks for the main-line of irony. You realize that by your logic you're a loser? Do you honestly think I am berating rule of 10 out of envy? No logic questions on your GED?
 
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