ES Journal Archive (2009 - 2010)

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Quote from cipherscribe:

This is a chop shop.
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And somebody even told you in advance! The last sell signal was at 39 and we are below 32 getting a long signal.

The problem is that when this works 4-5 times in a row, we can expect a little trending, so from now on, buyers beware!
(it has worked already 4 times this morning)
 
Quote from Pekelo:

And somebody even told you in advance! The last sell signal was at 39 and we are below 32 getting a long signal.

The problem is that when this works 4-5 times in a row, we can expect a little trending, so from now on, buyers beware!
(it has worked already 4 times this morning)
More...

I would say sellers beware choo choo!!
 
The most recent three sessions share common pattern. A spike after good news, and retrace completely after. But the spikes became smaller and latency became less for retrace. Also it is forming a downward slanted triangle. This tells a decision time is around the corner. I would bet downward.:D
 
Quote from Pekelo:

The last sell signal was at 39 and we are below 32 getting a long signal.
More...

Did work for the 5th time too, sell signal came around 36...

NDX is making a big descending triangle...

2dtn6lu.png
 
I have a new name for Pekelo since he refuses to ever post a trade - real or not!

S.A.G.

Sell
Appointed
Guru

We should all be thanking our lucky stars we have him around to help us make money! :eek:
 
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