ES Journal Archive (2009 - 2010)

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Quote from MandelbrotSet:

That's pretty much what we're seeing here.

I'm short @ 34.50 with a stop @ 36.50.
***
I wanted a quick profit and then to run som errrands ... and it looks like I'm about to get it ...
I'm out @ 32.00 and moving on to other things.

I posted the trade to show I trade. Short-term, guerrilla in-and-out trades, tight stops, based on multi-fractal analysis, with strict money management.

If somone wants to trade a differnt style on the Board (and post their live calls) let'em ... it either is their money or it isn't, but we don't have to worry about that, because that's literally what makes a market.

Good trading,

P.S. I like how you set your trades up and how you approach your trading RC, but that style is all your own.
 
I'm looking at this big H&S being plotted on the CASH 60', if it confirms than it has to hold on the to be neckline at 932 and then go all the way up to plot the second shoulder at around 945~47, closing the small GAP and only then should head south and IF the neckline is broken... we should see 910~906.

I'll go long if it touches 928.50, stop 925.25 reverting to SHORT below 925.

Good luck to all. :cool:
 
Quote from riskymove:

Eur/usd looks like right on the TL and with oil hitting some resistance that should affect oil more if it drops below - also hitting the oil sector which has been on fire.

index put call ratio <1 and overall put call very low - everyone buying and getting bully another good sign

SMH weak and transports also pretty weak though they may bounce here. Transports getting hit hard would be a good sign for bears imo.
Concur with your analysis, but Bear Markets are always tough to game and trade.

Most layperson's don't understand them and how they are a natural part of the cycle of growth/retraction of business/economy (short sellers are considered "less than scrupulous" by many), and the economy/market (in general) is/are rigged to go up (on purpose and by design).

Good trading
 
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