ES Journal Archive (2009 - 2010)

[startraitor]

How about today! Been a day early all week.

Quote from startraitor:

1042 today!

 

[jjf]

Quote from Builder17:

anyone like 1025-1030 as reversal spot?

the immediate break lines heading south ...........
56.00
40.75
33.00
26.00

although they are expressed precisely, they are zones

 

[tortoise]

Quote from tomahawk:

Yes .... measured move.

just what is a "measured move" anyway? (seriously ... this one has eluded me)

 

[emg]

Quote from jjf:

Why do you greet the prospect of a big volume day as good news, when you unrealistically restrict your profit potential with your "take profit" stops

greed and emotion kill

 

[tomahawk]

Quote from tortoise:

just what is a "measured move" anyway? (seriously ... this one has eluded me)

The one I'm looking at is on the daily, from the 2010 high to the 5/6 low, then that distance projected downward from the recent high (around 1175).

 

[Lawrence Chan]

There was an up gap at 1054-56 long time ago.

Obviously they never forget about it. =)

 

[Pholeuon]

We are here, now we can test the top again somewhere above 107.50.
I believe upside break can be real.

Quote from Pholeuon:

Hm, we are on top of downtrend channel not time based. If they can break it than there will be not so much downtrend. If not, I see touch of bottom range of that channel somewhere about 105.80 SPY (it works better on SPY).

 

[kinggyppo]

spy pivot 108.30 today. target.

 

[OTCkrak]

hey guys, remember me?

i had a 20% equity draw down beginning of the month, mostly due to trading naked GS options, the criminal probe drop around 160 was liked getting shanked at San Quentin.

was short ES going in crash may 6th at 1135 but closed out for "only" 10 points, data feed was on/off..watched it bottom in horror and tried to sell levered up a double dip around 2:50pm and obviously it rallied hard and the volatility wiped away my earlier profits.

market has just kicked my ass, between E7 and QM, i am emotionally traumatized by the action.. for the past 3 weeks i feel like Ray Charles at the nutcracker ballet.

my life right now is in bleak, no job, no savings, broken trading account, no prospects.. much anger from the dark side.. i have no assets, no car.. sucks man. my most prized possession is 175$ LV wallet.

 

[Pekelo]

Quote from jjf:

[making an objective observation about emg's lack of logic]

You are completely right, the dude doesn't make sense at all.

Emg, dear Sir, I am officially calling bullshit on your claims. Do you really have an 800K account and are happy making 50-100 bucks a day by scalping 1 points profits on 1 contract most of the time?

I don't want to be rude, and maybe my 4th grade math sucks, but what you are telling us and doing simply just doesn't make sense.

Care to explain it for us, Sir?