ES Journal Archive (2011)

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Quote from gkramer:

New highs first. The black boxes that fired off at 58 will push up higher, 79ish I reckon.

I'm going to write a book on how to trade the ES. I'll make millions disclosing the secret method.

"THE BULL MARKET SECRET: Buy The 10 pt Dips"
 
Ammo,

What is the point of using all those nips and trendlines ?

No disrespect but if those countertrend signals were worthy you would not find yourself adding so much to the inaccurate entries.

I do use a bit of Market Profile and definitely use lines, however one thing Ive found over the years is that they work better for retracements and very infrequent with the counter trades.

Bottomline, when the trend is strong, it takes no prisoners and just keeps running like a train.

Perhaps it's time to rethink the tools?
 
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