ES Journal Archive (2009 - 2010)

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Quote from Decel:

So where's this second high? On what timeframe are you speaking of?
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Them squigglies like RSI that you use are, in my otherwise not-so-humble opinion, completely useless. Stick to PA, pure and simple. Anyway, here's the chart.
 

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Quote from saliva:

Look for 23.50 as the inflection point. It should go straight down after that. If not, look out.
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ya, i will add there, had a line at 16.5, but didn't cover, saw it bouncing there, thought it would go lower, 12, trade what u see, not what u think
 
Quote from Decel:

So where's this second high? On what timeframe are you speaking of?

On the 15min, the setups I play (RSI divergence in the overbought/oversold region) always has the second high/low higher/lower than the previous one. I think they're just triggering the stops before the change.

Right now though I'm underwater...
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Remember it is a new month.

So previous month close (as long as the gap down stays that way) will turn into a significant resistance.
 
Quote from ammo:

ya, i will add there, had a line at 16.5, but didn't cover, saw it bouncing there, thought it would go lower, 12, trade what u see, not what u think
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offer 24
 
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