ES Journal Archive (2009 - 2010)

[Bigpipn]

Need an hourly close above 717 to confirm the reversal.

 

[Bigpipn]

726 on the 240M confirms

 

[Lawrence Chan]

NQ has a magnet below (the previous year low) dragging it lower for at least a retest.

So even if we hold here for a bounce of 1 or 2 days, the down trend can resume fast.

 

[Buy1Sell2]

It's very important that the discussions here pertain to getting in and out of ES trades and an overall view of where the market is headed and what our actions will be. Everything else needs to be discarded. If you like a signal on a particular day, tell us, but be specific and remove the personal attacks etc. They will not be tolerated. Thank you in advance for your consideration in this matter--Ishmael

 

[Chuck Krug]

I think higher open, we selloff after the open to test yesterday lows and then we rally.

 

[porge]

 

[romik]

A question to good traders, have you considered that with high amount of people frequently visiting this J your calls may be sold on? That's not paying it forward, that's giving it away. Wave's got the right approach, post a call, don't post a stop, protect yourself & your asset. I respect B1S2, but I don't agree with posting stops anymore.

 

[Nagelis]

Thats a 2 edged sword:

1. either the recommendations here are insignificant and meaningless in the big ocean of flow, everyone here can make good (papertrade?) calls and look smart but would anyone pay money for this? ...

2. either the fantastic calls and recommendations here are looked at by many players with big ammo and followed... well in that case, there is a reward: you can move the market your way which is a bonus, worth more than the hassle of organising subscriptions... your audience would then be a lot smaller and your calls lose their effect...

 

[startraitor]

long 707, target 715.75, stop under 703

 

[volente_00]

Quote from romik:

A question to good traders, have you considered that with high amount of people frequently visiting this J your calls may be sold on? That's not paying it forward, that's giving it away. Wave's got the right approach, post a call, don't post a stop, protect yourself & your asset. I respect B1S2, but I don't agree with posting stops anymore.

Find an edge that is correlated with THEY and you do not have to worry about the loss of something already known by THEY.