ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from Eko_Trader:

sold 55.50
More...


Target out @ 50.50

Petty, I see what you're looking at, but I'm playing a channel on the 5 min bar. It also signaled a short @ /TF 626.8 (Didn't take that one.). I am also playing the same channel with the YEN, which has been an inverted mirror image of the ES so far. My next entry will probably be along the same side as your stated 57.50 area.

EDIT: I'm playing the same chart with ammo. Mine just looks prettier :D
 
one of the reasons for the short was the djt hiting yesterday supp now res at 4100 area,i also covered my overnite sh when spx hit 40 on opening along with that supp line at bottom of djt chart,confirming signals
 

Attachments

Quote from Pholeuon:

I am not trading time based charts. I wholehartely believe same do althorhytms of leading market players.
More...

Leading market players use "time" in their algo's. [math loves time so price loves time too]

-Time/Price/Volume - Volume being the one ingredient that it is possible to remove at times...Time/Price stuck together forever...

Price without time has no meaning at all. The ebs and flow of price are directly correlated with time...

Please expand on how you can even construct a chart without time being included? I mean I know of a few ways but I would like to see where you are coming from.
 
Quote from Eko_Trader:

Target out @ 50.50

Petty, I see what you're looking at, but I'm playing a channel on the 5 min bar. It also signaled a short @ /TF 626.8 (Didn't take that one.). I am also playing the same channel with the YEN, which has been an inverted mirror image of the ES so far. My next entry will probably be along the same side as your stated 57.50 area.

EDIT: I'm playing the same chart with ammo. Mine just looks prettier :D
More...

good analysis...
 
Quote from petty1978:

What kind of time frames do you trade by most frequently?
More...

I don't use time bars.
Contracts move markets and so I use vol bars (constant) much smoother
 
pattern wise we have a two day consolidation and a gap lower. this obviously favors the shorts. 105.90 on spy was the lowest low of 2 days ago. es 1051.25 is the level to short if you are bearish. looking at 60 minute timeframe. Good trading. Enjoying the banter. :)
 

Attachments

Status
Not open for further replies.
Back
Top