ES Journal Archive (2011)

[Macho]

Quote from emg:

1 Point Profit!

I was told that if you give a person enough rope they will hang themselves.

Here is an example . You earlier said you would go short at 119600 but you ALWAYS cancelled the trade if the price was within about 4 ticks and reversed by 1 point.

today it happened again at 119525 and reversed to less than 119425.So you would normally cancel the trade and go for a non alchoholic mojito.

How did you miss the 119525, because reading back you never missed the opportunity to cancel the call.

I think Ammo was right when he suggested a little while back this may be a little game.:eek:

 

[crazyAtrader]

Quote from Macho:

I was told that if you give a person enough rope they will hang themselves.

Here is an example . You earlier said you would go short at 119600 but you ALWAYS cancelled the trade if the price was within about 4 ticks and reversed by 1 point.

today it happened again at 119525 and reversed to less than 119425.So you would normally cancel the trade and go for a non alchoholic mojito.

How did you miss the 119525, because reading back you never missed the opportunity to cancel the call.

I think Ammo was right when he suggested a little while back this may be a little game.:eek:

You got it backwards.

His entry area is actually his exit area.

The 1 point profit is just there for mockery.

Crazy A

 

[Macho]

Quote from crazyAtrader:

You got it backwards.

His entry area is actually his exit area.

The 1 point profit is just there for mockery.

Crazy A

I would agree with you if there was an entry price.

 

[FreakofNature]

Quote from Macho:

I would agree with you if there was an entry price.

If there was he would not be as exciting

FoN

 

[tomahawk]

Quote from Macho:

I was told that if you give a person enough rope they will hang themselves.

Here is an example . You earlier said you would go short at 119600 but you ALWAYS cancelled the trade if the price was within about 4 ticks and reversed by 1 point.

today it happened again at 119525 and reversed to less than 119425.So you would normally cancel the trade and go for a non alchoholic mojito.

How did you miss the 119525, because reading back you never missed the opportunity to cancel the call.

I think Ammo was right when he suggested a little while back this may be a little game.:eek:

Of course it's none of my business, but maybe since he's missed so many entries lately he decided not to cancel this time. Apparently he doesn't ALWAYS cancel because this time he didn't.

Anyway, odd as the strategy might be I think emg deserves credit for the trade no matter what anyone thinks of it. He called it and it was a win.

 

[Laissez Faire]

Quote from Macho:

I would agree with you if there was an entry price.

No entry and no stop (he does not recommend them). Only, "cancel my ES amigos!"

Still funny as hell though and often impressive calls. Someone said they had grown fond of emg lately and I have to agree one hundred percent

Keep it up, emg!

Judging from my quote screen and updating it every 4th minute throughout the day, it seems like the professional money were buying today as well?

 

[bigsnack]

Quote from tomahawk:

Of course it's none of my business, but maybe since he's missed so many entries lately he decided not to cancel this time. Apparently he doesn't ALWAYS cancel because this time he didn't.

Anyway, odd as the strategy might be I think emg deserves credit for the trade no matter what anyone thinks of it. He called it and it was a win.

I have a feeling that his entry price is when he greets us

"GOOD MORNING TRADERS?!?" Either that, or he reaches out when he's already comfortably in the green.

 

[Macho]

Quote from tomahawk:

Of course it's none of my business, but maybe since he's missed so many entries lately he decided not to cancel this time. Apparently he doesn't ALWAYS cancel because this time he didn't.

Anyway, odd as the strategy might be I think emg deserves credit for the trade no matter what anyone thinks of it. He called it and it was a win.

You are right it can't be "ALWAYS" anymore.Yes it is a 'win' call. I am pretty sure Emg's m.o is just to stab at a number and go for the point profit from the call.

It would be interesting if anybody was to plot the calls and time to see what could come out of it. Won't be me though

Edit: By time, I mean when the original call was made.

 

[Pekelo]

Quote from Macho:

It would be interesting if anybody was to plot the calls and time to see what could come out of it.

Already done. Roll back to February, when I was building a boat. That was the coded (against moderation) inverse trading of his system. The length of the boat was the profit of the inverse system, the width of his winnings. Entry is obviously when he posts the trade entry target, in the direction of the target...

It was a helluva long boat. As I predicted, the inverse system was 5-10 times more profitable (depends on what SL one uses), than his minoscule 1-2 pts per month winnings...

The only problem that after a while he becomes inconsistent for an extended period of time....

 

[FreakofNature]

Quote from FreakofNature:

Im filled 1185 stop 1205

Target, destruction

FoN

Looks like the destruction is on me.

What a horrible call.

Sticking to my stop but I'm not hopeful at this point

FoN