ES Journal Archive (2009 - 2010)

Sha10105 · Jan 9, 2009

I am not sayin dont look at a chart but dont read into things to closely... again studies are calculated estimates based on previous data. What happened yesterday does not determine tom or even the next 5 min..

trackstar · Jan 9, 2009

Quote from saliva:

That's it, my fellow bears. Get ready for the thrill!

Here with you hope your right. LOL. VOLUME IS SUCKINGGGG

HooLee · Jan 9, 2009

Quote from Lawrence Chan:

Yes, thus the need to invalidate that before noon

Edit: The spring's volume is too weak too. So I am neutral at the moment. As I said, by 1 pm the mkt will give us the answer, no need to rush in on either side

LBR also has a pattern called "Push into Lunch" that similar to your call here. If we have a strong early move, watch 11:15 to 11:40 for a flag to form and then h/l to be broken, we then are likely to have a trend day.

saliva · Jan 9, 2009

Some of us, myself included, are followers of strict PA and KISS. I'm not aware that we have ever diverged from those principles.

saliva · Jan 9, 2009

Quote from trackstar:

Here with you hope your right. LOL. VOLUME IS SUCKINGGGG

One more small white candle and hopefully it will trip over. Yeah, volume sucks big time. But then we're officially in the chop zone.

riskaddict · Jan 9, 2009

God this is boring, i miss 2008 already

Nagelis · Jan 9, 2009

Quote from saliva:

Some of us, myself included, are followers of strict PA and KISS. I'm not aware that we have ever diverged from those principles.

Not saying you diverge from them, but for me ( i trade 20 markets and can't follow all price action in detail), it s quite helpful to see the tech calls made here.

Lawrence Chan · Jan 9, 2009

Quote from HooLee:

LBR also has a pattern called "Push into Lunch" that similar to your call here. If we have a strong early move, watch 11:15 to 11:40 for a flag to form and then h/l to be broken, we then are likely to have a trend day.

The bears tried. Not enough to take out 90 by noon.

saliva · Jan 9, 2009

Quote from saliva:

That's it, my fellow bears. Get ready for the thrill!

Damn, this market is acting screwy again. Backing off a bit here. :mad:

Lawrence Chan · Jan 9, 2009

Quote from saliva:

Damn, this market is acting screwy again. Backing off a bit here.

When we have those huge swings last year, the daily level s/r are pretty remote. We do not need to deal with them every other day.

Now, after the volatility died down, we are forced to take that into consideration every other day!