ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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I am not knocking Elliott Wave at all. It has merits I'm sure but Prechter has been bearish for the last 20 years or so. I guess this last trade was his "all-in" bet. Good to see it paid off for him.
The problem is that you may got blown out first before you have chances to take the trade if you follow all his recommendations. I had subscribed their service for six months to learn the Elliot wave stuff before they had the right call of the market top. Don't remember how many times he had called the top.
After that experience, I've learnt not to force market reality into any theory. Listen to the market and let the market tell you where it wants to go is the right way to trade.
BTW, the top he called was 1550 in the summer of 2007. The actual top of S&P came several months later.
15 min es nq........shooting star as usual is apex..this time shooting star is 3rd soldier?. and the magic # got me in sell super early compared to most.....that is edge...true edge .who took over then....bulls or bears? i am gone soon better listen volente..this is the highest level intraday trading stuff...not scalping.......no lines needed but okay to use t hem justnot needed....that is why the market can change but the market cannot foil the candles...or the experience...which built the mechanical system which includes a magic # for es nq......remember my friend and neighbor, easier to buy contracts than to capture more points...sloppy day 9 10:30 12 1:30 work best.......trend day no bueno senor hot tamale.......taco bell
TO MUCH INFO
R10 IS YOUR FRIEND
I recently opened an account with a futures broker. Last night when I was logged in for night session on ES, about 12 trades went off in my account; some where short/cover, others were long/sell; there was a minimal profit that was generated from the trades, yet I never placed them; I have order verifcation on also.
Some of the trades where +40 points (795) out of the market.
My concern is that the trades where posted to my account; I have no idea how that could have happened; I dont have any auto trades programs.
I called broker this morning and they said that they will look into the matter and contact the clearing firm; they said that maybe it had to do with someone logged into their demo platform which resulted in trades being placed in my account.
Has this ever happened to anyone else?
Some of the trades where +40 points (795) out of the market.
My concern is that the trades where posted to my account; I have no idea how that could have happened; I dont have any auto trades programs.
I called broker this morning and they said that they will look into the matter and contact the clearing firm; they said that maybe it had to do with someone logged into their demo platform which resulted in trades being placed in my account.
Has this ever happened to anyone else?
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