ES Journal Archive (2009 - 2010)

[Zodiac4u]

Quote from lurefo:

A drift is not enough to get into the market with favorable probabilities. You need a setup that gives you an edge.

Sounds to me that you are not a volume follower. But as to your setups I am well aware of the consept. Information is your edge.
The key is to have the right information for you as a trader.

By the way, great job on your trades!

 

[gangof4]

Quote from Zodiac4u:

Another interresting moment on et! Market continues to make New highs and there are no buyers posting?????
Early into Globex we had a spike up in Volume and price at 8:45pm and there were no takers when we continued to drift higher.

Biase is a Bitch! It spends your money and keeps you distracted!

if it was so obvious, i'm surprised that your post last night about the big fish didn't include your long call. ahem.

 

[Zodiac4u]

Quote from gangof4:

if it was so obvious, i'm surprised that your post last night about the big fish didn't include your long call. ahem.

It’s only obvious to those who are looking. ahem.
I have not yet subscribed to the idea of posting like so many other ET writers.

Good luck trading.

 

[ammo]

Quote from ammo:

since u mentioned it,on thur 3/26 we had a double nip of 23 and 17 with cleavage at 20-21,seems to be our current hi resistance/lo support indecision area, next nip abov that is 829 on 2/13

went to bed with an offer at 29 ,glad i'm filled but i don't know what to do with it,we may see 32 before going down,if we go down its a greaT short, if i get out ,where is a good target , 23,17 ,10

 

[stefan_777]

Unless we break way up through 830, the double tits-up bearish formation holds

I'm seeing what could be the second nipple, 3 ticks under 3/26 nip.

Hard to say what the market can do when FASB starts talking, and jobs.

For what its worth, we're overbought on the 30min and 60 min, whatever that means these days.

 

[ammo]

http://news.bbc.co.uk/2/hi/business/7977060.stm the last sentence in this article says russia and china will be the leading economic powers after or if this goes thru,my guess would be a stall and let's think this over first

 

[kinggyppo]

The issue to me is how the market will react if FASB reform is announced. Will the market sell off or move higher, long uyg from yesterdays close. By the way I disagree this is anything but a nonevent but more like a fed meeting.




http://www.marketwatch.com/news/sto...C6E7DCC80406}&print=true&dist=printMidSection

 

[MandelbrotSet]

Quote from ammo:

http://news.bbc.co.uk/2/hi/business/7977060.stm the last sentence in this article says russia and china will be the leading economic powers after or if this goes thru,my guess would be a stall and let's think this over first

LOL ... Russia? "a leading economic power?

Not in our lifetimes.

The don't even have the toilet paper to wipe their assess with ... from what I hear the same can be said for China too.

And I have no idea how one becomes a leading economic power without having the ability to wipe your ass! :eek:
***
The reality is that if the leading economic nations (the real ones) do not work together to forestall what could be a global recession what will happen is that we will become extremely protectionist with our trade policies ... and you can thrown in a dash of xenophobia with that protectionism as well.

And that would be the real disaster.

 

[volente_00]

Nice of them to create a gap to fill an old one.

 

[ammo]

Quote from ammo:

went to bed with an offer at 29 ,glad i'm filled but i don't know what to do with it,we may see 32 before going down,if we go down its a greaT short, if i get out ,where is a good target , 23,17 ,10

covered at 25,have no clue whats going on