ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Quote from Buy1Sell2:
Three important rules of the ES Journal are worth mentioning here:
1) Personal attacks are not allowed
2) Foul language is not permitted
3) Trades posted without stops are disregarded for journal integrity purposes
--Thank you for your consideration-- Izzy
I realize this might come as a bit controversial, but I prefer the antagonistic replies than not speaking my mind.
Aside from the trades such as yours where every detail is meticulously detailed and with very little room for the artificial, all these 2 point scalps and superb break-even stops that rarely seem to become losses and the rest of "Walt Disney World" I would not believe one bit without timestamps.
We all know the timestamps will never happen, too many paper traders on this board. Perhaps a good idea would be to limit the calls to intraday swings or beyond, otherwise, there just too much room for cheating and fantasy island behavior.
Who are they kidding really ? Themselves and newcomers no doubt.
I would be really surprised if HSI doesn't start moving lower this week, it's got a substantial divergence on its Weekly chart + on the Daily the index is now trading below its 50 average, last time it dipped under it was back in July '09 at which point index only survived 1 full day below the average, otherwise last time it was trading below it was back in mid March '09.
I think it's likely to expect a headfake towards resistance especially after todays' US/European session, but that Weekly 'ripe' divergence makes me think it goes down hard this week.
(I believe it's relevant as we are global now)
I think it's likely to expect a headfake towards resistance especially after todays' US/European session, but that Weekly 'ripe' divergence makes me think it goes down hard this week.
(I believe it's relevant as we are global now
)there used to be a lot of great disciplined traders on this site, b1s2,apex,jss, mbusch,kingyp,spectre, most rarely post, when i came on this was the case, now as the market stands, most have moved on and left the door open for negative sentiment, perhaps this reflects the market in such as how hard it is to read, and perhaps your reply as well , to tell the truth here, the negative sentiment displayed by those who are watching this 6 hours a day and more, implies to me more than ever before, the possibility of this market turning down
LOL. Gobscmacked!!:eek:
As much as you've converted me to a permabull, the strtength of this rally has even taken me by suprise! I bet you've had a nice few days! $$$$
Its like you said about how the market will always go up unless there is some bad news out which temporarily throws it off course. Where would be a good buy point to get in long for those who missed this last run?
Stock markets don't "always go up", as long as the intermediate trend remains up stocks go up, when trend finishes stocks will fall, as they did not so long ago. I recall DAX around 8000 when technicals pointed to 4000 & the index stopped pretty much at 4000, imagine if you were to buy all the way down basing it on ideology that markets "always go up"?
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