ES Journal Archive (2009 - 2010)

[al trader]

Quote from JSSPMK:

And I THINK that you're Emg's clone. Does it make it a fact?

An indicator is not a method, strategy or a system.

your sma doesn't mean anything. you are just rolling the dice

 

[Laissez Faire]

Quote from oraclewizard77:

.You need to let go of fear. A way to sometimes do this is if you are like me and sometimes have problems watching the trade after you are in it, then walk away from the computer and go watch TV or take a walk for awhile.

Good advice, wizard *taking notes*

 

[ammo]

sh avg 1197 3/8,add 05, avg 1199.25

 

[JSSPMK]

Quote from al trader:

your sma doesn't mean anything. you are just rolling the dice

A typical gambling dice has 6 sides, an SMA has 2 sides.

Dice throws are totally random. Events following a price action cycle at 200 Weekly SMA are far from random on the other hand.

You fail to see the point - it is what happens at that SMA what is important, not which side you choose once price reaches that line.




Old words of wisdom -

In a bull market buy strengthening p/a
In a bear market sell weakening p/a

Indicators are optional tools. How YOU work them is a personal matter.

 

[ammo]

Quote from ammo:

sh avg 1197 3/8,add 05, avg 1199.25

reduce 1/2 @93...........87.5 bid on balance

 

[Builder17]

Quote from JSSPMK:

A typical gambling dice has 6 sides, an SMA has 2 sides.

well put. they seem to make decent targets whichever side youre on.

 

[ammo]

Quote from ammo:

reduce 1/2 @93...........87.5 bid on balance

add 97 sh

 

[ammo]

Quote from ammo:

add 97 sh

reduce 90.5 avg 98 1/8

 

[ammo]

Quote from ammo:

reduce 90.5 avg 98 1/8

flat 88.5

 

[ammo]

dollar