ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from saliva:

That might be so, but the price action just doesn't add up. You don't often see prices testing a trendline or support 4 to 5 times in a row and still not break down. And yet the overall buying interest isn't all that strong. Hence my bitching about being frustrated.
More...



You see that action during accumulation and distribution.



We had 1 45 degree day down and 3 45 degree up days this week.


You tell me which of the above to is going on.
 
Quote from volente_00:

You see that action during accumulation and distribution.



We had 1 45 degree day down and 3 45 degree up days this week.


You tell me which of the above to is going on.
More...

accumulation before a run up higher???
 
... there is also an approx. 80 degree one also......vol......by the way, remember ur countertrend system that was a good learning experience? You learned not to do that........... The countertrenders are looking for the homerun....and are willing to lose a lot of times to catch it........it is much easier to catch on charts longer than 5 mins. As a matter of fact one can get to the higher level and nail 90% of time min...it is called the apex.......zero starting point of new trend..way before the new trend is obvious to most.....because most think it is still in the old trend clutches......... .........emini intraday.........
 
can we go up like yesterday morning and down like yesterday afternoon both clearly told us to do? why all the analysis? it never changes....buy low sell high with trend...there are ur 6 words ....ignore it and if u ever become good at this game u will see the simplicity of only 6 words........buy trend sell trend sideways trend do both........
 
heres a ten day chart of mp i took from ChartHub(not mine) that shows a half drawn boob,theres a top half,a nip and no bottom half,mp charts all (over 90%) eventually make the boob or 2 boob with cleavage,the bottom half needs to be drawn in at a minimum
 
Quote from Buy1Sell2:

Staying short here with the 30 contracts. Buy stop remains at 1075. Demonstration of a wide stop in an oversold market continues. :)
More...

So if you get stopped out, what would your P&L be?

Thanks.
 
Status
Not open for further replies.
Back
Top