ES Journal Archive (2009 - 2010)

[volente_00]

Quote from Trvlwanderer:

Pek my friend, I've been following this thread for over a year now and have never taken the "T" day comments as anything more than a topic run amok.

I have never seen anyone comitting it as a strategy, but only as a caution based on a period where several reversal runs on big trend days occurred on a "T" day.

Not sure how or if someone can post a trade based on "T" day.

I have personally sat on my hands on a poor r/r trade because I have seen too many massive runs up in the final hour for no logical (or even illogical, LOL) reason.

r10 is now an area I watch. Not a signal, but a caution for a better entry.

My $.02

Seems to me that someone who is failed as a trader is looking for handouts instead of learning how to really trade. That's the problem with liberalism in America. If one is too lazy to take time to put in the time to learn a strategy and just wants to "copycat" other's trades then they don't deserve to participate in the benefit even if they are only a paper trader. You get what you put in. Those who are my friends were made aware what my trades were last night in pm's. Those that are lazy disrespectful got nothing.

 

[ammo]

aapl needs to get below 267....edit when reduced to a 4 hr chart the aapl supp line is 268-267.85...thats also the resistance , they have converged

 

[Trvlwanderer]

Quote from home_es_trader:

Hi Everyone,

I wanted to know your 2 cents on the following (i know there is no right or wrong on this, just wanted to know your opinion)

When you setup your charts, do you use the daily period (8:30 to 15:15)

or the 24 hour?

For example MA's are completely different (i trade pull backs to the MA's)

when you use each one of the period...

Thanks in advance

I set ES charts to all hours and highlight the RTH period. Easier to spot patterns and watch price action at respective areas in my opionion. For daily charts, I maintain both. Easier to spot RTH gaps.

 

[ammo]

djtrans needs to get under 4420

 

[Picaso]

Quote from ammo:

filled the 1116 gap last nite

OK, so you count the overnight for gap fills (I don't), thanks for the input, Ammo.

 

[ammo]

normally i don't, but there was a lot of money tossed around last nite with the yen news

 

[home_es_trader]

Quote from Trvlwanderer:

I set ES charts to all hours and highlight the RTH period. Easier to spot patterns and watch price action at respective areas in my opionion. For daily charts, I maintain both. Easier to spot RTH gaps.

thx!

anyone else ?

 

[emg]

plan on going long 1106.00

 

[Picaso]

Quote from home_es_trader:

Hi Everyone,

I wanted to know your 2 cents on the following (i know there is no right or wrong on this, just wanted to know your opinion)

When you setup your charts, do you use the daily period (8:30 to 15:15)

or the 24 hour?

For example MA's are completely different (i trade pull backs to the MA's)

when you use each one of the period...

Thanks in advance

24h

No "indicators"

 

[Pekelo]

Quote from Trvlwanderer:

on a "T" day.

Not sure how or if someone can post a trade based on "T" day.

That is my point, but I will actually TRY, since I like a good challenge.....After all, we are here to have some fun....