ES Journal Archive (2006 - 2008)

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Just another interesting observation. Have a nice Thanksgiving.

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What if, the market continue to drop, while the daily range stays this way?

e.g. SP at 600 while daily range stays at 50 pts like today

That is insane volatility! :eek:
 
Quote from Lawrence Chan:

What if, the market continue to drop, while the daily range stays this way?

e.g. SP at 600 while daily range stays at 50 pts like today

That is insane volatility! :eek:
Then we'll go to zero in no time! Sweeeeeet! :D

Just kiddin'.
 
Quote from dmartin:

Mistake: Sold half position at 883.5
The only reason you post on this thread is to give B1S2 a hard time, and then you post a trade where you made 21 points after taking a 123.5 point drawdown. I would think you would keep your obvious paper trades to yourself. Anything you post henceforth will be meaningless in respect to a trader who thinks a r/r ratio of 1 to 6 will work.
 
Quote from saliva:

How did you come up with this? (888)

Well, I am going to explain it in my book! :)

Seriously, it was intuition. I can't really explain but sometimes I am just making an educated guess and it eirily happens. Just like a week or so ago, when I said I wouldn't be surprised to close down -40 and the SPX went down -38.

I can also tell how many matches fell onto the ground...
 
Quote from opt789:

The only reason you post on this thread is to give B1S2 a hard time, and then you post a trade where you made 21 points after taking a 123.5 point drawdown. I would think you would keep your obvious paper trades to yourself. Anything you post henceforth will be meaningless in respect to a trader who thinks a r/r ratio of 1 to 6 will work.


Dmartin is doing this on purpose, wouldn't be surprised if it's yet another multi alias troll. Just ignore it.
 
Quote from Pekelo:

Very GOOD observation! Yes, I noticed! Also a blue arrow is missing from mid-July. I am not sure why they are missing, the website's owner told me once they are put there by the program and not manually. I think there should have been a blue arrow around Oct 10th too.

Once out of curiosity I tried to recreate the signal using other indicators. I think the MACD crossover was the closest I got. I will post a chart with it later. So far this is the best long term indicator/chart I ever seen and people trading in B1S2's style could make an easy living just blindly following it. (and like the selfish bastard I am, I shared it freely) :)

OK, here it is, my arrows using the MACD crossovers are pretty much at the same places as the Metastock chart's:

ej7xig.png

I'm curious to know how would I get those signals? Obviously have the program, but then you mention the web site? I'm always on the lookout for any tool that will help with long term trades in the 401K.

Regards,

John
 
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