ES Journal Archive (2011)

Status
Not open for further replies.
Quote from emg:

"eat their stop for breakfast and went long for the green?"

favorite quote from volente. Yo volente. meet me at the bar. Mojitos is on me
 
In following this journal for quite some time Volente uses h&s IHS. He also uses stops. and at times his stops are hit.

Quote from emg:

favorite quote from volente. Yo volente. meet me at the bar. Mojitos is on me
 
Quote from JSHINV:

I believe in hs and IHS and other patterns. the only problem I have with this one is the whole world is looking at it. :)

so that would mean even more participants to jump on the sell side if it plays out
 
Quote from Lawrence Chan:

No H&S on ES.

Today illustrates exactly what I meant that NDX will lead the way.

:cool:



135 spy had to be tagged.


buyers paying 1.5 premium today for the calls




Still looks valid to me


looking for a 40 cash print tomorrow
 
Yes. Honestly that is kind of what concerns me. Not sure if fall would stop on the normal target for H&S may keep going beyond target. SPX gets weird between 1350 and 1550. I take seriously some of Ammo's charts.

Quote from volente_00:

so that would mean even more participants to jump on the sell side if it plays out
 
Quote from anglagard:

NAD and Volante,

Why does it have to be a head and shoulders why can't it be this ?

Thanks

This is the pattern I'm trading anglagard. Currently price has not validated a down or up market on the daily frame. This takes time to resolve, this trend won't resolve that.

The pullback the majority are so looking forward to, is going to be one sloppy and frustrating trade, which will cause further price declines. Causing more range.
 
Quote from dadog:

This is the pattern I'm trading anglagard. Currently price has not validated a down or up market on the daily frame. This takes time to resolve, this trend won't resolve that.

The pullback the majority are so looking forward to, is going to be one sloppy and frustrating trade, which will cause further price declines. Causing more range.

It is clearly an uptrend channel in the making for now.

I just dont know if it will end as shoulder, as opposite trendline or simply break out all together.

I guess you never know, you just take your chances and pray :D
 
Quote from anglagard:

It is clearly an uptrend channel in the making for now.

I just dont know if it will end as shoulder, as opposite trendline or simply break out all together.

I guess you never know, you just take your chances and pray :D


Trading the average of a few possible scenarios leaves for better results in the long run.

For now, patience is the advantage over the majority.
 
Status
Not open for further replies.
Back
Top