ES Journal Archive (2011)

[Trvlwanderer]

Quote from wiesman02:

wow, i thought somebody would have been screaming head and shoulders pattern on the ES by now. Well I'll be that guy

POSSIBLE HEAD AND SHOULDERS FORMING NOW !

Most of those are ignored by the market.

I have not conducted a detailed study, but in trading everyday, I can say that within the last year, H&S on the ES are very low probability setups. Especially if you consider even getting 60% of a projected target.

If it appears to break the neck, better keep your stop close.

 

[volente_00]

Quote from wiesman02:

wow, i thought somebody would have been screaming head and shoulders pattern on the ES by now. Well I'll be that guy

POSSIBLE HEAD AND SHOULDERS FORMING NOW !

What time frame? Possible ascending triangle is all I see on 5 min

 

[Rickshaw Man]

Quote from wave:

Okay, I apologize for breaking the ET rules. But Rickshaw, you are so far from the truth about me, if you only knew my sincere intentions.

True sincerity will come without a price.

 

[Laissez Faire]

Quote from Trvlwanderer:

As I found myself on the ledge 5 stories up, I heard a whisper. It was DEMBOYZ. They were riding Shetlands so I had to look low, but they were coming! All the way from complete disaster to BE on the trade. They even gave me a couple ticks breathing room.

Saved by DEMTDAYBOYZ. Live to fight another day despite being today's second worst trader on the planet!

Brilliant!

Quote from volente_00:

http://quantifiableedges.blogspot.com/2009/01/turnaround-tuesdays.html

http://www.dailyspeculations.com/wordpress/?p=3143

Thanks for the links!

Quote from Picaso:

And thanks for the laugh!

 

[Laissez Faire]

Question.

Does any of you seasoned ES traders trade immediately after a news release such as the one today or do you wait for things to settle down? If so, how long?

Thanks.

 

[creekboy]

i dont consider myself seasoned - but i was hoping for a p/b to 89.25 to get long -but the market will tell how long it will take -i watched the 13 min candle on this move and anything inside it is death as far as i am concerned

 

[Nexen]

Looks like the top calling gurus are once again wrong and the easy money was made buying the retracements of strong trends.

Here's hoping for the next retracement.

Cheers

 

[feng456]

the ES has been really bullish for the last 6 months...so ya buy the effing dip

 

[tomahawk]

Quote from Laissez Faire:

Question.

Does any of you seasoned ES traders trade immediately after a news release such as the one today or do you wait for things to settle down? If so, how long?

Thanks.

I consider myself only lightly seasoned (a bit salty at times), but as far as trading the news ... I have levels I look to trade, which may hit right away or may hit never. Most times I'll wait at least 1 bar, but in general it's about the levels, not really the time.

 

[creekboy]

tops not in just yet nexen but you already went flat -i say you made a good call -