ES Journal Archive (2009 - 2010)

[Spooz Top]

Quote from Spectre2007:

yeah.. lost the scalping itch... just swing trading.. doing quite well...

i might start scalping if I feel like it.. spending time traveling and enjoying life as much as I can instead of being glued to the monitors.

Ditto.....i`ve been "swinging" it only........wider Time frames with up to 2 week holds if need be.....set my orders in the morning & i`m out the door.

nice updraft occurring to the upside......dip buying & put writing until the upside objective is hit.

nice to see Tommy still here..........how `bout Wave?

 

[saliva]

Quote from pocketmoney:

Even more annoying is that I posted in here about the inverted h&s pattern, but didn't trade it because i let other good traders unflucence me who said we were going down! (my fault...not theirs.)

Truly, it hurts to hear this. Although a big mouth that I am, I wish I can take back what has already been spitted out of my mouth. I really did think we would break that trendline two days ago. What I find more sobering (to everyone else's detriment) is that I got out of my position near the low of the AH session at 803. Call it a noob story.

Quote from pocketmoney:

I reckon we should save 'trannie' talk for T-days like it used to be! Its starting to take over the thread, lol.

Everyday for the last 4 weeks has been acting like it were a one long T-day. Once the dust settles, maybe we can pick up on the gay-bear talk.

 

[ammo]

part of that m support starting in '97 is the white line at 856

 

[startraitor]

When did you scalp or trade here.

Quote from Spectre2007:

yeah.. lost the scalping itch... just swing trading.. doing quite well...

i might start scalping if I feel like it.. spending time traveling and enjoying life as much as I can instead of being glued to the monitors.

 

[saliva]

Quote from ammo:

part of that m support starting in '97 is the white line at 856

What am I to conclude from your chart?

BTW nice looking boobs.

 

[smilingsynic]

Quote from smilingsynic:



Longer term, 810-820 area SPX is the bottom of the opening range for the calendar year. There is also an open SPX gap there. This is resistance two.

Update from a longer-term call from mid-March:

The 810-820 resistance I spoke off served nicely as support this week (not including overnight ES).

Those who follow Wyckoff springs, upthrusts, and such know what to expect next once the bottom of a range has been successfully tested: the test of the 50% level of the opening range (in this case, for the calendar year).

That would be 880.

When? Hard to say, but I'll repeat what I said weeks ago here: by July 4 weekend, the S&P will have tested the 2008 close.

Until then, I plan on buying pullbacks against the current uptrend and waiting. Intraday, it is the same old game: grind it out.

In golf, one drives for show but putts for dough. In trading, one makes calls for show, but trades intraday for dough.

 

[ammo]

Quote from saliva:

What am I to conclude from your chart?

BTW nice looking boobs.

just for show ,the blue line s the 1929 -87 tops tl,the 856 was the beginning of that m pattern,lines up with that 854 line in es , also lines up with the ledges at 854 at 861 and a nip,cleave,nip at 863-66 on the chart below ....conclusion... if 854 doent hold,then some res at 861 and large res at 863-66

 

[ammo]

Quote from smilingsynic:





In golf, one drives for show but putts for dough. In trading, one makes calls for show, but trades intraday for dough. [/B]

bit stuffy ,don't u think,were you wearing your cardigan and smokin a pipe?....lotta barbs being tossed out on es journal lately,full moon?

 

[ammo]

http://zerohedge.blogspot.com/2009/04/incredibly-shrinking-market-liquidity.html courtesy of w4l0ck

 

[saliva]

Quote from ammo:

http://zerohedge.blogspot.com/2009/04/incredibly-shrinking-market-liquidity.html courtesy of w4l0ck

No kidding. This is exactly what I've been bitching about for the last 2 months. The liquidity (or momentum according to my own dictionary) has been out of whack!