ES Journal Archive (2009 - 2010)

[Pekelo]

On the previous chart we could draw the lines parallel, making it a channel instead of an asc. triangle. Here is the last 10 days:

With that extra day (Friday) before going down, the chart also made a nice H&S pattern...

 

[Decel]

In my non-experienced sheep view, I expect it to either test the lower part of that channel @ 930 or make a 10+ pt down gap and drop.

Worst case (for me) would be to have it hang around at these levels...

Oh, and I'm off work this week, so it will be interesting to see if this sheep will have the guts to trade and post his positions live

 

[jason586]

Quote from saliva:

Lucky you. I had to move my order down a tick to get a fill.

Yes, but on the other side - I was about to buy it back at 13.75 and decided to set a limit at 13.50 instead. I went back outside but did not get it. Now were back at 916.00 - oh well.......

 

[saliva]

Quote from jason586:

Yes, but on the other side - I was about to buy it back at 13.75 and decided to set a limit at 13.50 instead. I went back outside but did not get it. Now were back at 916.00 - oh well.......

Well, you can take some solace in the fact that I didn't bail out either. I realize that hanging around your computer on a Sunday night is the worst thing. Let's hope this sucker will stumble and fall in short order.

 

[volente_00]

Quote from saliva:

Oh, so ure now talking about hedging and not about predicting the future outright?

Suffice to say, those who dabble in the options market are no more stupid than those in the stock or the futures market. But they're no less muddled in their prediction either.

The generals use options and the naked sale of them to control the show. Always have, always will.

 

[startraitor]

Wait for rth, they can run it 4-40 pts in after hours, it's like a fart in the wind.

 

[saliva]

Yeah I know these AH asswipes always resort to their most inane whims. But being an idiot that I am, I fell for their spell again!

 

[jason586]

Quote from jason586:

Short 916.00 - Limit order filled while out watering the yard at 20:12:14.

Added 918.50 at 23:49:22


Out both 914.25

Broke $15K ($15,080) - highest account value to date!

Just finished watching "Bigger, Stronger, Faster" on Netflix waiting for trade to finish - good documentary.

 

[Alvianse_D]

Quote from JSHINV:

I have never attached a file when I posted. Hopefully this worked. Its not an XLS file. I am just trying to attach a jpg file the last 2.5 years of the 20 years from a TOS chart. If it doesn't go through, I'll try again - maybe.

No need for the 10 year VWAP with 3 stDev bands free or otherwise.

Whole point. I will bet the 50 day will not cross the 200 day and they are fairly close. If it does, I'll be surprised. It will bounce, if it gets close enough to bounce. EMA 50 day SPX is at 897. 200 day is at 942.

My VWAP chart of SPX to 1950, as promised.

Some history:

It's a daily 5 period VWAP with a 5 period rate of return from first VWAP to first price. Standard deviations are based on the rate. It's in open office - I don't use excel. You can tinker around with it and adapt to longer or shorter settings but I'm confident you'll like it the way it is.

There's selling pressure to start the week contained by the 5 period VWAP.

I'll post the spreadsheet in the next post.

Cheers!

 

[saliva]

Quote from jason586:

Added 918.50 at 23:49:22


Out both 914.25

Broke $15K ($15,080) - highest account value to date!

Just finished watching "Bigger, Stronger, Faster" on Netflix waiting for trade to finish - good documentary.

Nice job bro. As for me, I'm holding on for now. I'll see you down at 900.