ES Journal Archive (2006 - 2008)

[Spectre2007]

Quote from kinggyppo:

That is my point, its not about blindly following the moving averages but using them to maximize a good entry. IMHO if you have a bad entry the sooner you exit the better. Problem is when you enter a trade you don't know what the variance is going to be. What is your outlook on yen?

YEN is following the equity markets, my outlook on the equity markets aint good long term(more then 6 months)

the immediate short term we are at the higher end of the ATR in equities so YEN sold off to track equities, but as equities selloff, YEN will rally as dollar bearishness resumes and as OIL rallies.

 

[Spectre2007]

notice the multiyear MA signals for usd/jpy.

 

[smilingsynic]

Gap closed when 1383 printed.

 

[tommymoose]

Quote from tommymoose:

Short NQ 83.75 off 1-min div.. stop 85.25

target depends on PA, but 73 would be ideal

stop dropped to 83.25... now 82.50... now 80.25

getting impatient... covered at 77... now it goes straight to my target.... lol

 

[cowf]

Spectre knows his stuff, totally agree with him, i trade almost the same way, now myself i am not trying to get crazy here but seems to me ES TOP is 1383.00 with selling down to the low of 1260 and lower=just a tartget for now, the low will be called when it actually shows itself! watch for my post, looking to participate, looking for knowledge, looking for help, looking to learn, thank you.

 

[smilingsynic]

Quote from Spectre2007:

notice the multiyear MA signals for usd/jpy.

The late Bruce Babcock wrote a very profitable system for currencies based on the confluence of three long-term moving averages. Nelson Freeburg, in FORMULA RESEARCH, modified the system in an issue around 10 years ago.

Most moving average systems, however, are nothing to write home about. I certainly would not daytrade the ES with it.

 

[tommymoose]

Watching for a long in this 1870-1872 NQ zone.... 1371-1372 on ES

 

[Lawrence Chan]

back from working on other things ...

did I said no change for the day?

 

[Spectre2007]

Quote from smilingsynic:

The late Bruce Babcock wrote a very profitable system for currencies based on the confluence of three long-term moving averages. Nelson Freeburg, in FORMULA RESEARCH, modified the system in an issue around 10 years ago.

Most moving average systems, however, are nothing to write home about. I certainly would not daytrade the ES with it.

yeah 'most' MA's are garbage...I agree.

 

[freehouse]

Quote from Lawrence Chan:

back from working on other things ...

did I said no change for the day?

So you must be the one who is long crystal balls.