ES Journal Archive (2006 - 2008)

[wave]

Pay attention to the bulges that occur.

 

[bvam1]

Looks like rally to close. Mostly likely another flat day.

 

[riaamaan]

Quote from wave:

Pay attention to the bulges that occur.

Can you further explain "bulges"?

Thanks.

 

[wave]

Quote from riaamaan:

Can you further explain "bulges"?

Thanks.

Countertrend buying and selling points used in marking down the cost of the position being built a/k/a accumulating a line on balance.

 

[wave]

I think Monday is going to be a big up day.

 

[smilingsynic]

Thursday's low effectively served as resistance (see Taylor, book method).

 

[increasenow]

Quote from opt789:

Don't know how this will play out but:
Oil=ouch
XLF=ouch
Not going long into the weekend=painless

NQ, more ouch next week..huge

 

[satchel]

Still in swing-long, R at 1284, close day between 1284 and 1301R. (That puts trade back in black Entry 95)

Additional confirmations on swing-long.

 

[volente_00]

84 73






next 5 month range is 1240 to 1468.

 

[Spectre2007]

If you notice how price action leads to emotion and emotion leads to price action. A spiral or cascade of sorts with postive feedback loop.

Basically the instigators who control massive money flows or pools can dictate market inflections whenever they choose.

Most of these money pools are segregated to large liquidity markets such as forex or bonds, these markets spill over into other speculative markets such as equities which are relatively low in liquidity.

The banks have just issued a massive sell, with a macro backdrop for rationality. This coming week is important since a long weekend in the US is approaching. Gyrations in the fx markets usually occur over long weekends that volatility spills over to other markets.

I will posting a series of long term charts. To look at what is intimated.