ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Not yet. If there's a nice drop on the horizon, it'll be tomorrow.
I have some hidden statistics. I am marking every day when the trend or volatility changed intraday SURPRISINGLY (trend both sides volatility just up so I was shaken out) for me (statistic has over 4 years). I am not considering such change in first and last 40 minutes of trading day. I know it is subjective, but 55% of changes those caught me with pants down (in fact or virtually) happened on THURSDAY (and just 5% on Friday). I am observing Forex Calendar to see "planned news".
Lol, nice stats.
Hey Pho, What do you seeing given today's price action?
So don't trade on Thursdays. Sometimes people are blind to simple solutions. Also, buy a belt for your pants, no one wants to see that, disgusting. 
I am trading - just I am extremely carefull on Thursdays. But today I did not make any trade...
I am smelling some surprising move but I have no idea which way.
However until I will not see real increase in volatility my swing bias will stay long. On contrary for intraday scalps I prefer similar to ammo shorting because simple if there will be some real jump it will be down. I consider any short position from now safe - I can not imagine that price will not return to entry (I know, it can be long waiting and I want participate in it but simple I wholehartely believe we are above bottom of next retraction even if trend will continue up). And if trend will change even better every short can be homerun.
What I am afraid days like this one when it is difficult daytrade for me due to low volatility. For some reason I am not trading oil well and euro and gold were not moving as usually today (better than indices but still...). I think I need look on some wheat or something edible
I am smelling some surprising move but I have no idea which way.
However until I will not see real increase in volatility my swing bias will stay long. On contrary for intraday scalps I prefer similar to ammo shorting because simple if there will be some real jump it will be down. I consider any short position from now safe - I can not imagine that price will not return to entry (I know, it can be long waiting and I want participate in it but simple I wholehartely believe we are above bottom of next retraction even if trend will continue up). And if trend will change even better every short can be homerun.
What I am afraid days like this one when it is difficult daytrade for me due to low volatility. For some reason I am not trading oil well and euro and gold were not moving as usually today (better than indices but still...). I think I need look on some wheat or something edible
DEMTDAYBOYZ run this sucka
A possible Head n Shoulder on the hourly. 22.75 - 23 represents the right shoulder.
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