Quote from MandelbrotSet:
Anytime jagoff, (you too) ...
You know what they say...
You can take the boy out of the ghetto, but you can't take the ghetto out of the boy.
Isn't that right MandelbrotSet, Icarus5, Jimmy Jam (banned, I wonder why), etc.
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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You know what they say...
You can take the boy out of the ghetto, but you can't take the ghetto out of the boy.
Isn't that right MandelbrotSet, Icarus5, Jimmy Jam (banned, I wonder why), etc.
This from someone who calls himself Monkey Boy ... LOL.Quote from Monkey Boy:
You know what they say...
You can take the boy out of the ghetto, but you can't take the ghetto out of the boy.
Isn't that right MandelbrotSet, Icarus5, Jimmy Jam (banned, I wonder why), etc.
No further comment from me will be required on this one.
WTG Chucky, now I can say that
& Jagmot & Mandelbrot for seeing strong close (I saw the same via histogram + p/a)
I hope this journal gets back to normal tomorrow
@SS: Oh man, I think I just spotted you on that GIF, 5th row left hand side. Why are you not applauding?
Nice birthday?<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1951866>
BigBubba,
vertigo here,
I'm always curious, Wolfe waves and ascending/descending wedges are very similar, as I stated before.
But the number of identified WW's on this thread that have proven to be successful have been few and far between. That's all I was saying. Believe me, I understand that every potential pattern has to have a failure point.
I took the time to go back and find the posts I did offering what looked like a wolfe wave in the cash.
I don't know if the market's move to another high AFTER the 5th price point labeled on this chart would have negated it, but in the analysis offered below (timestamp 5-9-2008 at 8:54am);
"...According the my simplistic understanding of wolfewave, the line generated by connecting pts 1,3 will intersect the line generated by pts 2,4.
that interesection (circled on the chart) is what is called ETA line, Estimated Time of Arrival
the ETA for this chart is roughly the 4th to the 7th trade day in June, and using the pt 1,4 line, the projected price (EPA, Estimated Price at Arrival) at the ETA is near 1346
..."
Today's date is June 9, within the ETA (Estimated Time of Arrival) (today was technically the 6th trade day of June versus the window of June 5th through June 10.
The projection for price was 1346 area, the cash today printed a low of 1350.62, off by 3 tenths of a percentage point.
I think I will continue to read more about these wolfe waves.
here was my original post about
vertigo here,
I'm always curious, Wolfe waves and ascending/descending wedges are very similar, as I stated before.
But the number of identified WW's on this thread that have proven to be successful have been few and far between. That's all I was saying. Believe me, I understand that every potential pattern has to have a failure point.
I took the time to go back and find the posts I did offering what looked like a wolfe wave in the cash.
I don't know if the market's move to another high AFTER the 5th price point labeled on this chart would have negated it, but in the analysis offered below (timestamp 5-9-2008 at 8:54am);
"...According the my simplistic understanding of wolfewave, the line generated by connecting pts 1,3 will intersect the line generated by pts 2,4.
that interesection (circled on the chart) is what is called ETA line, Estimated Time of Arrival
the ETA for this chart is roughly the 4th to the 7th trade day in June, and using the pt 1,4 line, the projected price (EPA, Estimated Price at Arrival) at the ETA is near 1346
..."
Today's date is June 9, within the ETA (Estimated Time of Arrival) (today was technically the 6th trade day of June versus the window of June 5th through June 10.
The projection for price was 1346 area, the cash today printed a low of 1350.62, off by 3 tenths of a percentage point.
I think I will continue to read more about these wolfe waves.
here was my original post about
hi vertigo,
i watch for the wolfe as well, but not so much the time or target ponits. although i do notice the targets. really, all i wanna know is, did it fail or succeed. gartley's are a bit different, and maybe i was confused about which you were asking ..or maybe it wasn't you. either way, it's all good. and.. here's a Ww i've been watching, on a much higher TF. i've noticed some nice 1's on this chart..
i watch for the wolfe as well, but not so much the time or target ponits. although i do notice the targets. really, all i wanna know is, did it fail or succeed. gartley's are a bit different, and maybe i was confused about which you were asking ..or maybe it wasn't you. either way, it's all good. and.. here's a Ww i've been watching, on a much higher TF. i've noticed some nice 1's on this chart..
<a href="http://content.screencast.com/media/d0534f57-dadb-40ad-8fc7-87dd6115daf7_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_06092008-195115.jpg"><img src="http://content.screencast.com/media/d0534f57-dadb-40ad-8fc7-87dd6115daf7_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_06092008-195115.jpg" width="1274" height="955" border="0" /></a>
retest in... retail sales will blow...
Sorry man, why don't you just say how it really went today? Honesty is the best way, there is no point trying to convince yourself that all is OK when it's far from it. 10% down on capital in 1 day is way too much risk. Nobody will criticise you for losing, that's part of the game. But you have to control risk in a manner that won't devastate your capital in 10 trading sessions. Some are here to help
Good luck!- Status