ES Journal Archive (2009 - 2010)

[MiniDowTrader]

Quote from porge:
yes u did trade the nq....quite a while,....or u were talking and posting nq paper style maybe...that is okay if u were...don t be bashful now...........porge memory no failure.........WHAT IS THE SCALPING # ON NQ....MR....MR....volente my friend.

Volente was a master mini dow trader.....YM traders thread.

 

[volente_00]

Quote from princessa:

on a longer timeframe es chart, i am seeing 727 as the measured move low. vo says 730ish (close enough). pek says 734. november low was 741.


so take your pick. anywhere from 727 to 741 for predicted lows, keeping in mind that even if 741 is the goal, there is likely to be some overshot.

hitting the low with bounceback tomorrow sounds good. let's see if it happens....

edit: sorry november low was 738, my mistake.

March Spy 75 put premium indicates 720 downside darling.

 

[volente_00]

Quote from porge:

yes u did trade the nq....quite a while,....or u were talking and posting nq paper style maybe...that is okay if u were...don t be bashful now...........porge memory no failure.........WHAT IS THE SCALPING # ON NQ....MR....MR....volente my friend.

PORGE HAS BAD MEMORY


I HAVE ONLY TRADED YM AND ES.

 

[smilingsynic]

Quote from princessa:

an observation:

please feel free to correct me if i'm wrong, but pekelo's dragon formation seems to be similar to synic's measured move statements in this regard:

distance from failed second bottom traversal is same as measured move from second top to bottom.

sorry, i can't do the chart thing, but if you look at pekelo's dragon chart, you'll see that pekelo's height from first top to first bottom is same as height from third top (failure point) to third bottom. likewise, synic's measured move says the same thing. the only way in which they differ is that pekelo predicts how high the third top is (i.e., half the first height or 50% retracement) and synic just follows whatever the third top is in predicting the third bottom.

Hi, Princessa

It is not MY measured move. It is a tried and true part of technical analysis.

http://www.goforex.net/goodman1.gif

 

[smilingsynic]

Quote from smilingsynic:

Hi, Princessa

It is not MY measured move. It is a tried and true part of technical analysis.

http://www.goforex.net/goodman1.gif

Right now, 730area is in my sights.

942.75-797.50=145.25

876-145.25=730.75.

Buy orders on June contract at around 734. Until then, sellling on rallies and covering on panics.

 

[porge]

I understand vol, we tend to block the bad memories....just kidding ..okay I will concede ur memory is better than mine ...don't take that as a compliment...

 

[porge]

there are about 25 system s [per day espoused here.....can nthey all be good? sure they can......

 

[porge]

looks like a retracement to me....buy the dip....with the trend...like the pro friend of mine does..and has for 22 years...don't say what do u call a trend...draw a 45 degree line if one can't figger the trend..........candles make it so much easier......i have the measurement from the low of the dip...there is a secret # that is 90% on bad days......simple...yes..too

 

[porge]

let's call it the dip apex.......zero starting point of new leg.....

 

[saliva]

Quote from volente_00:

March Spy 75 put premium indicates 720 downside darling.

You folks are way too conservative. I'm aiming for that magical number: 700.

Vol, get ready to shoot yourself in the foot. This one's gonna hurt mightily.