ES Journal Archive (2009 - 2010)

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Quote from ammo:

i.m inexperienced with these and want a confirmation now instead of when it plays out


i don't believe that's a wolfe wave....as i understand it, pivots 3 and 4 must be within the range of pivots 1 and 2


(later, I'll post one mother of a wolfe wave, from two weeks ago)
 
Some interesting observation.

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Quote from jjj1000:

short es 1097.75
stop 1107.75
target: play by ear

Beautiful trade. Good eye on the price action. The fact that we couldn't even test the ON high said everything. Pure weakness. Good job.
 
Quote from jjj1000:

out of the rest at 1092.25 - lack of panic on the way down made me uncomfortable on this position

Very good trade management. That bulletproof support at 12 EST spoke volumes along w/ the Nazzie's higher low and the NQ's second higher low. Tech clearly pulled us out of a potentially big selloff.
 
Quote from BigBubba:

i saw Wolfe Wave mentioned today.
indeed..

this one looked pretty much classic

it's the YM
bigb, the one a couple pages back ,its invalid if the top 3 and bottom 3 don't line up as a widening channel,correct?
 
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