ES Journal Archive (2011)

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Quote from eudaemon:

Tons of buystops between1296 and 1302.

Why do you think that? It would seem like the longer term traders would expect a test of 1300-1306 and wait to see the response to that test. There are a lot of metrics that show a retest of the lows.

I see the low of 4/18/11 (1290.25) as being a kind of inflection point. Should be plenty of action +-10pts in that area before next move shows itself.
 
Quote from tycoonman:

GUYS SORRY FOR THE CAPS BUT I'DE LIKE TO JUST THANK ATTICUSS AND VOLENTE OPENLY (granted I had the same sentiments but they really put me over in terms of confidence)

Check this out: I entered the market with two cars because I had a confidence level of 87.6% showing that ES would rally to 90 and so I loaded up 3CARS!(i never do that and only trade one at a time). I got in at 80 this morning around 6am PST and let it ride as I went to school for class at 7am -- I get back and BAM +1500$!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I just exited.

wow...thank you guys. Much respect.
We did nothing. You pulled the trigger and took the risk. Congrats on your trade. So are you buying the mojitos for us at happy hour?
 
It is quite obvious to me that if our new friend were the only one with a huge ego posting here, we would not have five pages of thrash talking and pure noise.

The market will greatly humble anyone with a huge ego. It does not need our help in doing so.

Let`s stay on topic and keep it friendly :)
 
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