ES Journal Archive (2006 - 2008)

[volente_00]

Quote from Pekelo:

I am not a sceptic, but there was no low at 1407.5... If you refer to yesterday's high in the afternoon, there were all kind of highs and lows in between...

What was the reaction high last night ? what is 10 + it ?


Will someone please post what I said a rule of 10 signal is so we can clear this up.

 

[tortoise]

Quote from volente_00:

10:30 r10 short signal 1407 1417


don't be scared skeptics

Here's my problem with r10....I don't deny that there may be an observed phenomenon here, but unless someone can explain the "why" of it, it seems to me you've got nothing more than a phenomonen of undetermined duration...and, therefore, reliability.

Then again, what do I know?

 

[Lawrence Chan]

Tax season money drives most part of the run up so far.

But that is going to stop, latest by end of May, as those late coming "fund manager" who are "forced" to put $ into the market are done.

Then to drive the market up further, you need major advertising campaign to lure dumb $ piling into the market, or, you can lure scare $ into shorting the market ... both works!

 

[iloveoptions]

Quote from volente_00:

Let's do it


WHEREDEMREVERSALBOYZAT ?

You can have the last word. However, i just wanna say that your chart scribbles are tremendously helpful in showing us all in a clear way what I should have done - before the fact - to capitalize on those wonderful five signals that never materialized as you so proclaim guru volente. Keep up the good work. You can learn a lot from B1S2.

 

[wkoop]

Looking to short in the 1420.25 to 1421 area. If it gets there, it might be a wild ride down. If it doesn't get there, well then missed the boat

 

[OldTrader]

Quote from volente_00:

10:30 r10 short signal 1407 1417


don't be scared skeptics

Where does the 1407 come from? I see a 1409.25 low.

OldTrader

 

[volente_00]

Quote from tortoise:

Here's my problem with r10....I don't deny that there may be an observed phenomenon here, but unless someone can explain the "why" of it, it seems to me you've got nothing more than a phenomonen of undetermined duration...and, therefore, reliability.

Then again, what do I know?

It is merely a correlation. How you use it is up to you. I have used it since 2005, but first as a rule of 100 in ym. Another poster on here spoke of it being used in the pits and in some places where he traded or derivatives of the theory long before I first used it.

 

[tortoise]

Quote from iloveoptions:

You can have the last word. However, i just wanna say that your chart scribbles are tremendously helpful in showing us all in a clear way what I should have done - before the fact - to capitalize on those wonderful five signals that never materialized as you so proclaim guru volente. Keep up the good work. You can learn a lot from B1S2.

well, in volente's defense, he did call a short at 1417, clear as a day. volente, please consider a string of these so we can see r10 in action in real time...thnx

 

[volente_00]

Quote from OldTrader:

Where does the 1407 come from? I see a 1409.25 low.

OldTrader

adding 10 to the reaction high at 1407.5 last night


http://quotes.ino.com/chart/?s=CME_ES.M08.E&v=s

 

[volente_00]

Quote from iloveoptions:

You can have the last word. However, i just wanna say that your chart scribbles are tremendously helpful in showing us all in a clear way what I should have done - before the fact - to capitalize on those wonderful five signals that never materialized as you so proclaim guru volente. Keep up the good work. You can learn a lot from B1S2.

so answer the question, was there not a reaction low last friday at 84.25 ? did es not pull back from 94.25 ?


How did you like my 1417 short call 7 points before we even hit it this morning ? Was that to much after the fact for you ?

I'm still trying to learn how you can have a fixed % stop when what that % is based on a fluctuating number. Maybe you can answer the question.