ES Journal Archive (2006 - 2008)

[spidey]

Spectre, just realized you are using June still. I'm on September today. Sorry for the confusion

 

[JSSPMK]

Chan are you up for another beer contest?

For tomorrow:

ES - lower close
CL - higher close
YG - higher close

 

[Lawrence Chan]

Quote from JSSPMK:

Chan are you up for another beer contest?

For tomorrow:

ES - lower close
CL - higher close
YG - higher close

For ES - hard to disagree with you on that, so no contest.

 

[jagmot]

Quote from JSSPMK:

Chan are you up for another beer contest?

For tomorrow:

ES - lower close
CL - higher close
YG - higher close

Ill go higher close on all 3.
RSI looks like a bottom yesterday on the daily, and definitely on the 240m.

 

[Spectre2007]

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/06/25/cncredit125.xml

BIS/Great Depression Agenda


Escalating energy costs are taking away a great deal of spending capital from American households. Imagine putting fuel costs on plastic/credit, finally the credit spiral will collapse on itself, leaving many households bankrupt.

 

[jagmot]

Quote from jagmot:

Ill go higher close on all 3.
RSI looks like a bottom yesterday on the daily, and definitely on the 240m.

Posting a longer term trade for the benefit of all.
Long ES (Sept) 1342, 2 contracts
Stop at 1319
First target 1369
Trailing stop assuming we hit the first target for possible retest of 1410

 

[volente_00]

Quote from Buy1Sell2:

Please review page 6377 of this journal.

My apology.

So why the change in trading style ?


I like the risk 5 to make 12 much better than the risk 100 to make 100.

 

[volente_00]

Quote from Buy1Sell2:

Volente,
Just post your trade and stop in real time, otherwise we can't grant any kudos. The question is "If you knew ahead of time what was going to happen, then what did you do about it?" --The answer is that we don't know---

Recently you did make a call ahead of time that the market would go no lower than 1350 before heading to 1468 (page 6278 ). At least that call had some intellectual honesty involved since you posted it ahead of time. Thanks in advance for your consideration.

Actually the correct answer is posting any trade on this board has zero benefit to others when it come to teaching others your methodology. What good are number posted if you don't reveal how or why on the trade ?

 

[volente_00]

Quote from vertigo3:

B1S2,
I guess you based that trade a rule of 10 times 2, huh?

I'm thinking it was based on T day theory, that I first posted about on ET in 2002 before the fact.

 

[tommymoose]

Hey JSS, any input on the 30 - 240 min histo, especially on NQ?

Sure looks like a bullish wedge with triple divergence that found support at the 38.2% major retrace to me. We've got the potential to blast higher tomorrow IMO (1970-1990 wouldn't surprise me).