ES Journal Archive (2009 - 2010)

[volente_00]

Quote from Decel:

?

higher lows


did not hold


6 is 50% of last run


9.25 is 50% of h to l range

 

[oraclewizard77]

Final target was hit, and makes me feel good about my analysis of the market. I have to say when I 1st did this trade with real money and thought it was sim, I did not feel any emotion. When I saw it was real, I am glad I did not kill it. The sim made more money than the real since I did reduce some of my contracts at BE with the real and left them all in with the sim.

Quote from oraclewizard77:

The sim so far is making profit, and is scaling out contracts. My stop was around 1110 and my final target on this trade is 1106, but at this point the stop has moved down and already profitable trade with the scale outs.

 

[oraclewizard77]

I disagree with you, there were no HL, only LH. To prevent me from guessing what is a HL or LH, I use an indicator to print on my chart these symbols so there is no human error anymore on my part.

Quote from volente_00:

higher lows


did not hold


6 is 50% of last run


9.25 is 50% of h to l range

 

[Panama]

Quote from volente_00:

higher lows


did not hold


6 is 50% of last run


9.25 is 50% of h to l range

then 1st tgt = 1100.75 - .50

 

[ammo]

agree with your target , beige book in 17 minutes, below that, 91 is a nip and 85 is a tl

 

[tripper22]

Quote from oraclewizard77:

I disagree with you, there were no HL, only LH. To prevent me from guessing what is a HL or LH, I use an indicator to print on my chart these symbols so there is no human error anymore on my part.

I enjoy watching this thread and I am learning a lot from you guys.

Oraclewizard77 what platform are you using?

 

[oraclewizard77]

I see market going there easy and maybe even lower. Also, it does help to read reports sometimes. Consumer sentiment was poor, and market could not make another higher high yesterday which was an indication that TA agreed with the report so that was why I bought the put and shorted ES.

I see the put making some good money before expiration.

Quote from Panama:

then 1st tgt = 1100.75 - .50

 

[Eko_Trader]

NQ is really letting go

I do have a bid @ 96.75

 

[Picaso]

Quote from oraclewizard77:

I disagree with you, there were no HL, only LH. To prevent me from guessing what is a HL or LH, I use an indicator to print on my chart these symbols so there is no human error anymore on my part.

Your indicator probably has a "strength" setting for the HH, HL, etc. If you adjust it to different levels you will see what Volente sees.

Different opinions don't mean anyone is making an error.

Peace.

 

[volente_00]

Quote from oraclewizard77:

I disagree with you, there were no HL, only LH. To prevent me from guessing what is a HL or LH, I use an indicator to print on my chart these symbols so there is no human error anymore on my part.

3

4

5

6

were all higher lows