ES Journal Archive (2006 - 2008)

[ammo]

Quote from MandelbrotSet:

ET is being hit with a bot.

Any chance of that crap spilling over onto our PC's?

what 's a bot?

 

[gorkgonzola]

looks like the bots are hitting the market too:eek:

 

[Lawrence Chan]

Quote from MandelbrotSet:

The market is digging in its heels and trying to hold the line here.

If it does (and tha'ts a big if) the natrual resistance is 1347.

If 45 got taken out, then a 4 hour wide double bottom is in.

 

[ammo]

hard to rally with dollar down .76

 

[Pekelo]

Quote from Pekelo:

Chartpatterns repeat themselves in different timeframes. Here I am showing a 5 mins chart of a day that I expect to be repeated in the daily (longer) frame.

So far they are beautifully the same. On the shown chart there were 2 big white candles, then a tiny red and a red.
On the daily chart we had the same 2 big whites (Thursday-Monday) a tiny white (the only small difference) and the red (today).

If we keep following the same pattern the next 2 days should be up and we should reach the upper BB around 1380ish...

 

[jagmot]

Quote from jagmot:

Long small position ES at 1339.25. Looking for support from Tuesday and Thursdays close last week in the 1335 - 1339 area. Target 1349.50.

No stop on initial position as I'll be looking to make this a full size position at 1335 and then stop on entire position at 1330.

I'd like to hold the position longer but have to step out for a few hours. Closed out this trade at 1342.25... +3

There will always be more opportunities later...

 

[atticus]

Quote from Wasabi:

Several years ago I looked at volatility bands. Your comment raised my curiosity enough to dust off my spreadsheet to take another look. V-bands for today look like this:

1387.01 95.00%
1378.51 88.00%
1374.76 80.00%
1370.00 68.00%
1353.00 Close
1336.00 68.00%
1331.24 80.00%
1327.49 88.00%
1318.99 95.00%

Basis cash with reversal percent probability at each level.

I've got something similar computed from figarch. Thanks.

 

[MandelbrotSet]

Quote from MandelbrotSet:

The market is digging in its heels and trying to hold the line here.

If it does (and tha'ts a big if) the natrual resistance is 1347.

... $$$

Everyone have a nice night.

 

[Lobster]

Quote from Spooz Top:


funny how fed funds rate is sitting at 2.25 with banks borrowing cheap if not flat out given infusions like IB`s to prevent a collapse are hording everything they can.........if you have impeccable fico score,you`re still looking at 5.75 % at best......hell of a spread.

Considering that they are allowed to lend out just about $10 for every dollar they hold in deposits, the exact interest rates don't even matter all that much.

 

[tommymoose]

Quote from Pekelo:


If we keep following the same pattern the next 2 days should be up and we should reach the upper BB around 1380ish...

Its nice to see when others analysis line up with mine while using a completely different methodology.

I see this bull flag running out of steam in the zone of 1328.50 - 1331 most likely, but possibly 1320-1322 before making a last run up to 1372-1380. When we hit that zone I'm looking to put on a short... small stop, huge target... at least 10:1 R/R.

Heres the visual - my charts are always hectic looking but its always uglier when price swing extremes are made outside of RTH since I've gotta do everything twice.