ES Journal Archive (2009 - 2010)

[iloveoptions]

Quote from iloveoptions:

Exited final long position at 756.75 Looking to short at 763.75

Short initiated at 763.75 Will add more at 769.5 . Targeting 751

 

[Jahajee]

Quote from saliva:

Sorry, but I personally think Fib numbers are useless.

Same here.

You can draw lines at any set of numbers, e.g. every 10 or 20% of any defined range, e.g. High and lows of the last 5, 10, 20, 30 days and you can trade with those lines. With a decent entry and exit and money management you can trade profitably with you own defined "numbers"

Fibs are popular but you can use any other number combination.

Same with Pivots but these are more useful since many more use them and they become self-fulfilling and thus provide an edge.

 

[saliva]

Quote from porge:

better hook up with volente now porge will be out for good shortly....it is a measurement find it....hint not scalping and no edge s/r like vol's stuff......note the nq 12 oclcok move after it lied for a bit.......therein lies the answer.......

Gotta love this cryptic language. Just classic!

 

[Jahajee]

Quote from saliva:

Gotta love this cryptic language. Just classic!

and he "will be out soon" so grab all that valuable advice. I am surprised there are so many who haven't put him on ignore.

 

[saliva]

Quote from Jahajee:

Same here.

You can draw lines at any set of numbers, e.g. every 10 or 20% of any defined range, e.g. High and lows of the last 5, 10, 20, 30 days and you can trade with those lines. With a decent entry and exit and money management you can trade profitably with you own defined "numbers"

Fibs are popular but you can use any other number combination.

Same with Pivots but these are more useful since many more use them and they become self-fulfilling and thus provide an edge.

Allow me to be blunt. As an ex-Fib user, I know for sure that Fib is an overhyped crap. I kid you not.

 

[volente_00]

Quote from saliva:

Allow me to be blunt. As an ex-Fib user, I know for sure that Fib is an overhyped crap. I kid you not.

It all depends on where pick the low and high from.

 

[saliva]

So you got the hint, trannie boy?

 

[volente_00]

Quote from saliva:

So you got the hint, trannie boy?

keep taunting them and I will have them hit 868 for you.

 

[saliva]

Quote from volente_00:

keep taunting them and I will have them hit 868 for you.

No, bro, we're heading back down to 740 before you know it.

 

[SoCalTrader619]

Quote from volente_00:

It all depends on where pick the low and high from.

Is there a way to determine which highs or which lows should be used for the measurement, or do we just have to wait and find out after the fact?