ES Journal Archive (2006 - 2008)

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08-25-08 08:08 AM

08-22-08 09:23 AM

08-22-08 07:32 AM

08-20-08 09:52 AM

08-20-08 08:53 AM

I will enter long @ 1272.00 20 contracts
Stopped in ---Initial sell stop 1251.25
Sell stop raised to 1270.25
Sell stop raised to 1272.50
Stop remains the same for now.

I was stopped out today for a .5 gain. It was actually slighlty better than that as I closed Fri @1291.75 and reopened Sun @1289.50.--For purposes of the journal though, it was a .5 gain.

Looking long again.
:)
 
Quote from OldTrader:

Where's your stop regal? Without a stop your trade is just like every other bogus internet trade. And by the way, your "trade" was the SPX, not the ES. You do have quotes on ES don't you? LOL.

OldTrader
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blackguard/regal has his own rules. strange dude, I can never quote keep him on ignore though!:)
 
Quote from austinp:

<i>"For what is worth Paul Tudor Jones could be using MACD Divergence and I would laugh my ass off. Anek"</i>

Be that as it may, I can think of at least two S&P 500 traders who use oscillator divergence for part of their approach that each trade >100x the size of your account today.

The AHG journal was a 1,000s page long journey of indicator exploration = evolution. Even now, the charts you posted in PriceAction threads have indicator studies clearly visible at the top of each window. If you so strongly eschew any indicator without exception, why are any at all existing in your charts?

fwiw, I have zero indicators on my chart, turned on or off respectively. I myself only use tools that measure price structure itself, not the movement of (aka oscillation). But that's merely by personal choice. Those who opt to use indicators may find their niche in "seeing" price action thru that window. To each their own.

By your own admission, you've only been in the index futures world for about two years. Still a relative youngster to this game. The longer you stick around, the more open-minded you will become.

There are old index traders and there are closed-minded index traders... but there ain't no old, closed-minded traders that survive over time :)
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AustinP,

Ok big guy, let's see how good you are but first I will respond to a few of your allegations.

I'm relatively new to the futures market (littler over two years), does not mean I am to trading or index chart analysis, so if you are going to comment on my experience because you think you know, tell the whole story.

As far as indicators on my charts what did you find, a high or low alert, a horizontal line, far from what you insinuate so please compare apples to oranges and not to trash.

Perhaps you should write about how I never had the need to charge anyone for guidance, not one soul and keep doing so on a daily basis. Yet you on the other hand, had to, or still do (not clear there), things that make you go hmmm, why, it's petty cash as far as I'm concerned because if you got it, you got it.

It's not about being close minded it's about seeing the light.

If you ever wish to compete against me in a fully audited futures trading competition I'm right here right now.

Anek
 
Quote from Anekdoten:

AustinP,

Ok big guy, let's see how good you are but first I will respond to a few of your allegations.

I'm relatively new to the futures market (littler over two years), does not mean I am to trading or index chart analysis, so if you are going to comment on my experience because you think you know, tell the whole story.

As far as indicators on my charts what did you find, a high or low alert, a horizontal line, far from what you insinuate so please compare apples to oranges and not to trash.

Perhaps you should write about how I never had the need to charge anyone for guidance, not one soul and keep doing so on a daily basis. Yet you on the other hand, had to, or still do (not clear there), things that make you go hmmm, why, it's petty cash as far as I'm concerned because if you got it, you got it.

It's not about being close minded it's about seeing the light.

If you ever wish to compete against me in a fully audited futures trading competition I'm right here right now.

Anek
More...
Oh please Anekedoten.

You went through a ton of indicators on your thread (same as every other trader) starting with:

1) Bollinger Bands
2) Stochastics
3) Fib Retracements
4) You also have a chart up with what looks like a MACD or CCI Histgoram (yep folks, it's a MACD Histogram)
5) Hull Moving Average

As your knowledge base evolved you moved on to:

6) Heikin Ashi Bars (if you think they aren't a derivative indicator, you're kidding yourself)
7) an Indicator that shows the Swing Highs/Swing Lows (NinjaTrader has the same exact indicator, for anyone who's interested)
8) Momentum Indicator
9) Slow Stochastic
10) Unique charts settings such as: tick bars, volume bars, second bars (yep folks believe it or not these are another indicator of price)

The list goes on but I don't want to.

The fact of the matter is, while you have a unique talent for chart reading and a strong desire to be part of a group setting, as well as a willingness to help other traders (all good things); you can also come off as just a little arrogant with such blanket statements as "Indicators are for the handicapped" or some such thing, especially when you have left an indelible record showing your evolution as a trader as you moved through every indicator in the book!

LOL man, AustinP was dead on target with you, your response of insisting that you've been a pure price action trader and then challenging him to a trading competition is way too much like the old, pre-AHG Anekedoten, and I believe everyone here on this thread would prefer interacting with the new one.

If that's who you want to be and how you want to come off, that's fine, just don't pretend that you've changed when you haven't.

Good trading to everyone,

Jimmy Jam
 
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