ES Journal Archive (2011)

[ammo]

hns is a distribution pattern

 

[Laissez Faire]

Quote from Laissez Faire:

Initial minimum target @ 34 locked in. Another sell limit @ 36. OCO.

Will be leaving now =)

Filled @ 36 just as I was about to leave.

Yesterday I wrote about how I used to get trapped into selling dips below support and how those bars always ended up with selling tails.

Today, I expected support to hold and I bought the low instead of selling it

I also pointed out how a buy stop @ 31 would let momentum carry you into a trade, as taught by Al Brooks. Coolweb refuses to accept this concept, but I believe he might be looking at it on a bigger time frame or something.

Later guys. It was fun!

 

[austinp]

Quote from Laissez Faire:

Filled @ 36 just as I was about to leave.

Yesterday I wrote about how I used to get trapped into selling dips below support and how those bars always ended up with selling tails.

Today, I expected support to hold and I bought the low instead of selling it

I also pointed out how a buy stop @ 31 would let momentum carry you into a trade, as taught by Al Brooks. Coolweb refuses to accept this concept, but I believe he might be looking at it on a bigger time frame or something.

Later guys. It was fun!

fwiw: you managed to get filled on your sell at the "ask" or high print to the tick... which almost never happens in ES. Count yourself more fortunate than anything that the swing high to 1336.00 and drop back down to 1332.00 let you out where it did.

As for the other guy you mentioned, his TradeStation charts say ES(D) for data on them. That means 15-minutes delayed data from real-time quotes, which I personally never found a way to trade from in hindsight.

CME emini data feed for TS charts is $25 monthly, last time I knew. Probably be a lot easier making all those astute market calls with real-time data, imo

 

[ammo]

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=mdc_leader .. aapl/goog/pfe/jnj/ko/chv/a few more...distribution

 

[Laissez Faire]

Quote from austinp:

fwiw: you managed to get filled on your sell at the "ask" or high print to the tick... which almost never happens in ES. Count yourself more fortunate than anything that the swing high to 1336.00 and drop back down to 1332.00 let you out where it did.

Never confuse pure awesomeness with luck!

All joking aside, I was extremely lucky with my fill. I know it`s rare, but it has happened to me earlier as well. That said, 36 was a reasonable target on a 6 point range day and I had already locked in 4 points, so it was worth the gamble.

 

[anglagard]

Quote from ammo:

theres a saying that if everyones already long,who's left to be a buyer..we may just be sitting up here buying 1 and selling2 ,distribution ..... chart reduced

I love to see you trade but sometimes its hard for me to take you seriously because you always see it down

 

[Pekelo]

70 pts ago, in a galaxy far, far away...

Quote from Buy1Sell2:

Everything now pointing to a large downtrend and double dip recession/depression. Out of stocks again now and will look for the right opportunity to get long again.

 

[anglagard]

Quote from Pekelo:

70 pts ago, in a galaxy far, far away...

He did not short down there though.

You are manipulating his calls.

 

[volente_00]

Quote from austinp:

CME emini data feed for TS charts is $25 monthly, last time I knew. Probably be a lot easier making all those astute market calls with real-time data, imo

say it ain't so

 

[volente_00]

Quote from ammo:

hns is a distribution pattern

and the highest probability pattern that exists


if bulls fail to void the pattern by the 15 th then we are going to tag 1200