ES Journal Archive (2006 - 2008)

[volente_00]

OUT HALF 73

stop to be

 

[Pekelo]

Quote from trader_arb:

Do you use the Williams %R or A/D? I saw the turn yesterday on %R only

%R. Here is the chart, what I am looking at:

The dot shows the SMA bounce on Tuesday morning. From there we rallied all day. At the end of the day the Williams hit zero, indicating the short entry. (daily chart, swing trade)

Since the Williams indicator is the ONLY one that I know to be EARLY (thus actually predicting directions), I expected a sideways day on Wendesday (after the rally) and the high of the day (or any high) to be a nice short entry for a swing....

The high was a bit later (1291) than my posted (1287) and we already hit 1271, so we already got the 20 points down....Still could go another 10....

 

[ammo]

big money coming out of oil,ags,potash,could be a big selloff today

 

[jagmot]

Long 1267.50
Stop 1265.50
Target 1277.50
R:R 5:1

30min chart

stopped out

 

[ammo]

Quote from ammo:

big money coming out of oil,ags,potash,could be a big selloff today

spus need to hold 64,60,56,51, next 4 res points

 

[wave]

The fact that we retrace back to that 55-57 area is not coincidence my friends. Their pockets are deeper than mine, so they were still short.

 

[ammo]

uvol/dvol comparison chart uvol flatline since 9






;30 cst dvol climbing ,early indication of trend day

 

[Lawrence Chan]

Quote from wave:

The fact that we retrace back to that 55-57 area is not coincidence my friends. Their pockets are deeper than mine, so they were still short.

By scaling in and out in the past 3 days, their avg cost should be below 72 and higher than 62.

Looks like they are giving up though.

 

[Jayford]

Quote from ammo:

spus need to hold 64,60,56,51, next 4 res points

I have 63, 60, 58.50.

close enough!

 

[Pholeuon]

Multi reason resistance around 1960 looks very strong to me. I expect it will be not broken.