ES Journal Archive (2006 - 2008)

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Quote from vertigo3:

"
all that is important is where the current price is, relevant to where it has been.

regards
f9
"
It took me years to realize this roadmap to profits.
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ahh ...a lightbulb moment in your trading life.
join the club, it took me almost ten years and I was already trading successfully.

all I do now is simply follow the trail and remember at all times that "the early bird gets the worm" but it is "the second mouse that gets the cheese"

sometimes I am a bird and sometimes I am a mouse

regards
f9
 
Quote from Spectre2007:



the oil dynamic is new, and its overhanging effects are interesting in how it effects everyones trading models.

if you watch minute to minute fluctuations in oil and spooz, you will see they are inversely related...
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The oil dynamic is NOT new. It is a return to normalcy. There is nothing "new" about an inverse relationship between equities(spooz) and oil.
 
Quote from vertigo3:

Nice trade, JSSPMK.
If I could put one of those moving pictures of the audience from the 1940's applauding I would.

:p
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TY! but I haven't exited yet
 
Quote from iloveoptions:

I like your projections, more so now that we have broken the rising wedge. However, wouldn't be nice to come back and test the lower TL of the wedge coming around 1420 before heading eventually lower? Of course, I'm just dreaming :)
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I'm with ya... this 2-month bull run has momentum. I don't they're going to give up just because a line on a chart broke. Back up to ~1420 is a good possibility and would be a nice area to look for weakness. I'd like to see one more push down first to the 1370's for it to base before the retest attempt though. That would be a little tip-off to a possible change in trend to down (5-waves down).

All hypothetical scenarios of course, but ya gotta have scenarios of some sort in your head have a directional bias right? :)
 
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