ES Journal Archive (2009 - 2010)

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Quote from ammo:

are u still in that trade
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Still in this trade. I am bit dissapointed today as we did not reach 1079 :=) But BOJ decided to let bleed the Japanes economy a bit more, so I am hammering on USD/JPY. And as we all know, AUD/JPY, GBP/JPY and EUR/JPY are sort of correlated to ES.

Conclusion : Exit ES, wait for the next long entry - meanwhile having some fun in JPY. Maybe if we are reaching 1050.50 today, I will go long again...
 
what's happening 'TODAY' instead of these useless guesses

That was my point. For every 100 pts loss he can repost the prediction just to show:"hey, I told you so" :)

P.S.: Saying "Good morning" is pretty useless too. :)
 
If you can figure out whether it is inflation or deflation, then I am sure it will be an easier forecast, but unfortunately right now nobody knows what the future holds. Only guessing.

Quote from Pholeuon:

I can not trade like EMG (and doubt that anybody else). However I think that he simple does not get from his predictions enough and that he risk too much for too little profit. I do not thiink that his system of trading is something that we should follow :D

But he has in some case amazingly good prediction for turning points.
Not always, but simple it is too exact to be just coincidence. It does not work always, but when it works it is working exceptionally well.
He has some system that I do not understand that quite often gives extremely exact future projection.

I tell openly. If we will even retest 666 prior march 2011 I will say that it it the greatest call that I ever heard. I personally wholehartely believe looking on my channels that we will test 950 until than, 900 still looks to me quite probable and even 800 possible. But 600-500 or 450 - wow. I am not trading longer timeframes so it will not help my trading but if we will get to 666 and bellow in such short time frame I will be shocked.
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How can you guess, and call yourself a trader? Of course I know what the future holds with a high probability. Anyway, up $ 147 today on small trades all winners.

Quote from JSSPMK:

If you can figure out whether it is inflation or deflation, then I am sure it will be an easier forecast, but unfortunately right now nobody knows what the future holds. Only guessing.
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images


Yawn...
 
Quote from ASusilovic:

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Yawn...
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Great photo :)

Don't think this market is hibernating tho...seems like it's building fuel for a durable move...55 is an important # if you recall. Yes, it is the 50% retracement from Friday's low 1037 to AH highs at 1072.75...but more importantly lies at confluence of some important trendlines I have.

Market can go in one of the two most likely ways at this juncture IMO...a break below this level to 51ish which would garner more bear enthusiasm and hence create a more durable ground for a rally (IMO shortlived) from these levels. Maybe to the 1080 level. *IF* however, we just bounce off here, 1055 level, then the bounce seems a little less durable.

Trading is all about context...time plays a HUGE role in that...

BTW, currently 12pm Central time, ES at 1058.
 
for mp users,so far its respected the 3 points on chart from page 15180,if you bought in the 54 area ,a normal day would take you back to the daily nip of 60-61,if we don't get above 63 on this chart it will be a b shape and suggests a lower day tommorrow...edit , the bounce at 54.75 didn't get inside the nip,not a big deal, but its possible we get down to 52 sometime today
 

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Quote from oraclewizard77:

How can you guess, and call yourself a trader? Of course I know what the future holds with a high probability. Anyway, up $ 147 today on small trades all winners.
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+$147 is that trading ES?
 
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