ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from vertigo3:

Please identify specific dates you are referring to in Nov of 06, (Nov 16 thru 21?) because to me, (relative to the bottoming formations in place right now), Friday looks much more like AUgust 10 or 11 of 2006,

Are you specifically just using very small 5-day ranges as your marker, meaning small range of April 2 thru 8 of this year?
either way, looks like downside should be limited.
More...

Yes, Nov 16 to Nov 21 in 2006. I was searching for historical pattern that the 5 closes are locked within 10 pts range. That matches what we have in Apr 2 to 8 2008.

July 13 to July 19 last year also matches the criteria.

Key difference is the position of moving averages line up more closely to the one in Nov 2006 than the one in Jul 2007.

Thus a potential bear trap is in the making, if a break down fails to materialize in 2 days.
 
Quote from startraitor:

Spec or anyone remember the date and level the busted overnight trade occured at in Jan? I think was a Sunday night.
More...

It was Jan 14th @02:01 AM.
 
Long limit order on NQ sitting at ~1798 with bracket exits at ~1793 and ~1819... hoping they spike it down in AH for a nice entry before the potential AM mini-rally.
 
Quote from SH_DW:

anyone know what happened to the originator of this thread ? What happened to buy1sell2 ??
More...

I was wondering about mbusch and Apex ... miss hearing from those guys.
 
Quote from Buy1Sell2:

I don't have any idea. I am looking for a swing long though. I just don't know where yet. I am also keeping an eye out for a positional short.

Yesterday was a real tester for me on my positional long in the Euro FX by the way. I had a stop sitting at 1.56140 and we touched into the 1.56's. We are sitting with what some might consider a triple top on the daily but it's in the face of a huge long term bull market. I will look to bring the stop up a bit in the next day or so unless I get nailed before that.
More...


Came very close to getting stopped out overnight on that gap down to 1.56200. Raising stop here to 1.57750 and I will go short there.--- No more non ES posting in this journal for me. Sorry for the interruption :)
 
Quote from Buy1Sell2:

Intermediate trend remains up. Swing trend remains down. Long term trend remains down.
More...

I will add a 4th term here that may clear up the confusion caused when I said intermediate trend was up. People may not realize what I mean by intermediate. Intermediate is longer than the Swing Term. I should have been clearer. The terms would be in this order from smallest to largest:
Daytrade term
Swing Term
Intermediate term
Long Term

and I'll add a 5th as well

Super Long Term



The trends as I see them right now are:

Daytrade term trend is down (but attempting reversal)
Swing term trend is down
Intermediate term trend is up
Long Term Trend is down
Super Long term trend is down. :)
 
Status
Not open for further replies.
Back
Top