ES Journal Archive (2011)

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Quote from noaveragingdown:

An open message to the moderators:

Shouldn't the posts of this journal be limited to live calls, market commentary and trading discussions ?

I don't understand why so much dribble is permitted here.

I know such dribble increases traffic on this site, but this is a high quality thread and possibly the most active thread in ET, it deserves respect and consideration. I think the active traders of this journal deserve such respect.

My 02 cents.

dribble is spelt drivel. Trading is a very accurate endeavour. Nice NQ call pops, but this is an ES journal, if you want to cut it close you are offtopic too.
 
Quote from sosueme:

How much tech knowhow do you think an F1 driver has.

I really don't want to debate this, because knowing the ingredients of your indicator doesn't make you a better trader, but how many of the computer users (basicly everybody) can actually describe how it works?

If you like Stoch, use it. I like pizza, I will eat one....
 
Quote from aquarian1:

Hi Ammo,

What does your chart mean, or rather what do you conclude from it?

likely to see 1303
and perhaps 1298 today?
(The pink numbers)
on the right is a 30 day cumulative 30 minute chart the left is individual days, the widest spots ,nips or point of control,poc in market profile are where the most trading happened,hence leftover longs and shorts that would like to close positions,they act as support or resistance depending on how strong the momentum is,.. the 1303-4 area was the nip on feb 3,its also a cumulative area on the right hand side,you pick areas like this and whatever way we are moving ,use them as targets to keep you in a trade,i hand chart and that left side 1304 is the next area that hasn't been touched since it was made,market profile calls it a virgin point of control,rather than try to remember all the acronyms, i use nip for the wide,cleavage for the narrow and ledge for the large flat spots
 

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