ES Journal Archive (2009 - 2010)

[Rashid_G.]

NQ building something towards higher volatility?

 

[ammo]

shorting 34's, hourly chrts,35,36,37,38

 

[Builder17]

good call wave, think this is it?

 

[wave]

Quote from Builder17:

good call wave, think this is it?

1141 was the target from any lows bought. Any shorts taken above 1141 should be held back to 1141. We could trade up to 1150.

 

[kinggyppo]

Quote from opt789:

Statistically speaking, meaning no thought or opinion involved, we have a 93.3% chance of next week being up by looking at the market from March until now; rare to have two consecutive down weeks. Looking at the market from November until now gives us a 96.2% chance of Tuesday being up; very rare two have two consecutive down days.

So if you are convinced we are going lower, and you could indeed be correct, you may want to wait and see if we can break our very first support level before taking on bet that is over 90% against you.

good call.

 

[wave]

1)Hedge Funds
2)Proprietary Trading Firms
3)Automated Market-Makers (These are the 800lb Gorillas who play chess very well and will have you singing "Play Me" if you don't know how they operate)

http://www.youtube.com/watch?v=kKdDdzdMUW4

 

[lexcorp]

Great call Opt!

 

[Lawrence Chan]

Quote from wave:

1141 was the target from any lows bought. Any shorts taken above 1141 should be held back to 1141. We could trade up to 1150.

Buying time here for EUR.

 

[opt789]

Quote from kinggyppo:

good call.

Thanks, the key this morning though was the 1127 area. Look at your chart and see how many times going long in the 27-29 area has worked recently. I am not long above 1140 though, I don’t know who will win the election today so too much risk to guess at that.

 

[wave]

good work on the stats op.