ES Journal Archive (2009 - 2010)

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So what's the target for tomorrow? Throw in the high and the low and we'll see who gets the idiot savant award for tomorrow. :D

High: 1112
Low: 1089
 
Quote from petty1978:

The candles circled are very bullish when certain logic is applied to them...this is a very stealthy technique that I will share with this forum if appropriate...It is QM/CL based trading model so maybe it isn't appropriate other than cross contract correlation/undercurrent type analysis...let me know.

I believe your approach to conveying your message in a piecemeal fashion is more "stealthy" than the actual content you present. Frankly, most of it doesn't make sense to me and I've been trading for 20 years. Perhaps this is the reason why you get so much flack from others. Why don't you just come out straight and tell it like it is.
 
Quote from schizo:

So what's the target for tomorrow? Throw in the high and the low and we'll see who gets the idiot savant award for tomorrow. :D

High: 1112
Low: 1089

1117.25...Barring any ridiculous rumors (News)
 
Quote from schizo:

I believe your approach to conveying your message in a piecemeal fashion is more "stealthy" than the actual content you present. Frankly, most of it doesn't make sense to me and I've been trading for 20 years. Perhaps this is the reason why you get so much flack from others. Why don't you just come out straight and tell it like it is.

Flack is fine. I am good trader. Thats not dependent on anyone's opinion of things they have no clue about and I understand that. I have chosen to spend some time in here like everyone else. Thus, I accept other people views no matter how limited their scope of me is.

The way I trade seems to very different than the forum participants. Or possible just parts. So I will stack information over time publicly as I see appropriate.

As always, if anyone is truly interested to learn how I trade they will PM me. I am not in here to amuse anyone with detailed information to fall on deaf ears. Those that want to learn are already learning.

So if, being a 20 year vet, you want to PM me and see how I trade the QM [sooner than later] I am available. It's super reliable signal that isn't an everyday occurrence and if you trade Oil futures, I am sure it will be a nice addition to your trading acumen.
 
Quote from petty1978:

tomohawk I do have an ES Outside Day technique that work great. Inside Day, I don't.

For this technique, you need to be looking at the 30 m Bar ONLY, and at the Full Globex ES Session.

Example:

Stops are going to be larger and positions need to be adjusted accordingly. This can either be used to swing trade or as an intra-day guide, knowing the market wants to head UP.

SO THEN

If today is the outside day then today is day (0) and yesterday is day (1). Day (1) can be an up or down day and day (0) can be an up or down day and there is nor particular structure to the daily bar except the following logic:

Day (1)
1) Find the Full Globex low of day (1) on the 30m bar only.
2) Make sure that 30m Bar does not share that low with any other 30m Bar. It is exclusively the low on that time frame.
3) Make sure that the 30m Bar low is not the 16:30 est bar.

Day(2)
1) Find the low point the very same way

THEN

Connect the two low point to create a trend line. When price reverts back to this trend line "Swing [long] back to Day (0) Full Globex Session [high]"

This does not happen every day obviously but when it does it is a nice trade. I have not looked at any other Emini indexes to see if this works but I am sure it correlates. I like to use the ES charts as guides.

The Short Set Up is exactly the opposite! Check it out let me know what you think.

I will re-read this and make sure I did not leave out any logic, if I did I will leave an "edit" comment at the end of this post.

Ok, as a guide this is now a valid short set-up with todays low of 1055.50 as the minimum downside target.

Confirmation of this: when looking at the current ES 16:30pm est 30m bar, price needs to rise (as of now) to a minimum of 1103.50 to initiate this downside target...each 30m bar from this bar that passes, the upside target that needs breeched increases by 1 tick. So the ES 17:00 pm est upside will be 1103.75 and so on...

Price still has upside but when this is breeched, all it is saying that lower prices are in order.
 
petty,

did someone taught you that?

the method you use is extremely familiar.

I tried the 200% expansion explanation here long time ago (a year+ ??) and at that time, no one listen. =)
 
Quote from schizo:

Frankly, most of it doesn't make sense to me and I've been trading for 20 years.

Schizo-the proof is in the pudding. many people complicate trading and I have a certain skill-set to uncomplicated it. At the core of it all you could give me a running ticker showing time/price for a contract, pencil, paper and I can derive trades. It is just how I learned to trade and it works for me and a lot of other professional traders.

This is valuable to people who do not know how to trade and/or struggling. In no way am I trying to waltz in here and tell you how to trade.

I am here to help, thats all. But your candor and criticism is needed as well, to offer other readers of my post another perspective, so thank you for being one of those voices.

It is why open forums work and naturally weed out bull crap.
 
Quote from Lawrence Chan:

petty,

did someone taught you that?

the method you use is extremely familiar.

I tried the 200% expansion explanation here long time ago (a year+ ??) and at that time, no one listen. =)

This concept is mine but derived from a way of thinking in general about geometry and the markets that is not mainstream.
 
Quote from petty1978:

As always, if anyone is truly interested to learn how I trade they will PM me.

So if, ...you want to PM me and see how I trade the QM [sooner than later] I am available.

How predictable... After your first 5 posts I already saw that the sales pitch was coming.

Now let me get something straight, I don't have anything against teaching for money. But:

1. You should be able to back it up with trades or predictions. We already know about the summary of your trades, and your predictions and analysis are ambiguous...

2. Be open about it, like Austin....

Anyhow, I think it is time I put you on Ignore...

P.S.: If Emg wants to teach us how he comes up with those entry, I am a buyer! :)
 
Quote from Pekelo:

How predictable... After your first 5 posts I already saw that the sales pitch was coming.

Now let me get something straight, I don't have anything against teaching for money. But:

1. You should be able to back it up with trades or predictions. We already know about the summary of your trades, and your predictions and analysis are ambiguous...

2. Be open about it, like Austin....

Pekelo, you are my favorite person in here. Thank you for your special interest in me.

I state specific numbers. Many predictions. No fluff.

No sales pitch. I am here to help.

I have been active in here and will continue to do no matter how much you contend with me openly.
 
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