ES Journal Archive (2009 - 2010)

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Quote from atticus:

Well, it's quantifiable based-upon the info presented. I did add a SL = the gains solved from reaching within two ticks of the median on buys and sells. I ran 8 iterations and all were less than optimum at 1:1. If it works for you there must be quite a bit of discretion involved.

Its not quantifiable. I gave a few incomplete guidelines and did not share my full insight into this...i need to be more careful what I share about the ES in here...

Its Ok man its not about taking the trade...its about understanding pressure on the market and when that pressure is lifted...
 
Quote from atticus:

I follow the former, but don't understand the latter. If 1071 is broken to the upside we will still target 1140, even if it stalls in the low 1100s?

1071 was breeched, so this particular analysis is not accurate. spoke too soon...
 
Quote from petty1978:

Its not quantifiable. I gave a few incomplete guidelines and did not share my full insight into this...i need to be more careful what I share about the ES in here...

Its Ok man its not about taking the trade...its about understanding pressure on the market and when that pressure is lifted...

Never intended to, lol, but thanks for the concern.
 
Quote from petty1978:

Its not quantifiable. I gave a few incomplete guidelines and did not share my full insight into this...i need to be more careful what I share about the ES in here...

Its Ok man its not about taking the trade...its about understanding pressure on the market and when that pressure is lifted...

Never intended to, lol, but thanks for the concern.

If you deny it's quantifiable, then how do you know it works, outside of "gut feel"? The beauty of delta1 product is uniformity; a point is a point. There isn't any convexity to cloud the test. If it's "unquantifiable" due to limited info, then what is the point? It didn't work as presented based upon 1:1 risk.

I am not riding you, but I am suspect of those that offer half-truths in the guise of altruism. If it works, give the code. If it's discretionary, then state so. That goes for blatant BS as well.

I know you're somehow special, but if you're intent on BSing us, use something like fluid mechanics for the wow-factor. Stating some extensions and fibo stuff is hardly proprietary. And if you deem it so, it's probably best left unstated. "Look but don't touch" "Smell but don't taste"

I'll leave it there.
 
Quote from atticus:

Never intended to, lol, but thanks for the concern.

My concern was not for you taking the trade but to explain that it isn't a trade signal to be executed upon...it is a tool to analyze the markets and points in time and price that the ES is not behaving as it should.
 
Kingy, in this situation stop bellow such obvious target like gap close (if you were such hurry that you must in) is beginners mistake, it is not worth of you. You need pay attention what you are doing.

My channells top is about at 1073.70 now - let see if it holds (usually to the top it breaks with gap up out of RTH.)
 
Quote from atticus:

Never intended to, lol, but thanks for the concern.

If you deny it's quantifiable, then how do you know it works, outside of "gut feel"? The beauty of delta1 product is uniformity; a point is a point. There isn't any convexity to cloud the test.

Atticus it isn't quantifiable as a trade signal meaning -enter exit stop- But if you add in a few key points in logic and you run it against different pieces of information ie: daily sequential Globex session open close high low median etc correlation data bits you will find that its a highly insightful tool...I can's speak about how I trade in full...but their may be an insightful trader in here that may be able to conclude some of the very same things I have about the ES based just on that...its not my responsibility beyond that...

What I am sharing is valuable and I am only asking that you don't do a disservice to other traders by dismissing stuff you have no real idea about...I am here to help people learn to trade the ES and it is a process. If I dropped all the stuff I know about the ES into this forum in a day it would confuse everyone...this is case and point.

I mean you were the one on Sunday night [criticizing] me about my call on Friday afternoon about revisiting Fridays lows.. and where were we this morning?

So let me stack logic in these posts as I see fit and let the intuitive trader begin to see how the ES really works...
 
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