ES Journal Archive (2006 - 2008)

[saliva]

Quote from ammo:

spu's down to 26,then up to 64, then down to 30,then up to 61,i say back down,but i wish i was flat and waitin to get in

I hope it sticks this time. These bulls should be shot.

 

[Lawrence Chan]

Quote from Pekelo:

870+ ??

There could be another interpretation to your daily chart

As the channel bottom was breached a lot more than usual, a new down trend could be established. And that all break below or test from below the SMA should be regarded as continuation sell signal.

Edit: so the key question is that if there is some criteria (% below, etc.) to determine if a continuation is more probable.

 

[saliva]

Quote from Pholeuon:

And what is your ball saying about 20 EMA and SMA on daily very closely above us, during veeeeeeeeery long time when we cross it immediately are falling like drunken sailor.

Yeah, it pains me as well. But chill, I just went short as well.

 

[Pekelo]

Looks like a sym. triangle >>> cont. up

Today was one of the most retarded days, so far being a doji, I guess expressing indeciveness...

 

[ammo]

Quote from ammo:

add 55

out 51.75 small loss

 

[Pekelo]

...and suddenly, out of nowhere, the camel formation appeared...

(the head still looks like a sym. triangle)

 

[plumber68]

Tell me it's going to put it's head in the ground !! Yes, I know it's a camel but they do that too before a storm, I hope

Whoops doesn't look good :-( Short too

 

[ammo]

so what comes next ,his legs, another camel, how does that formation end/

 

[Pekelo]

I say we break out upward and close 870+...

Edit: It did break out up to 868, now it looks like a snorkeling camel.

 

[Zodiac4u]

Quote from Pekelo:

I say we break out upward and close 870+...

Now your talking my language!