ES Journal Archive (2011)

[Rickshaw Man]

Straight up into the close with one small pause, no retrace. If you can not pick the bottom intraday there is no hopping on any rally.

 

[Blotto]

Quote from Blotto 1022 EST:

Plan on reversing 1303.

Quote from Blotto 1026 EST:

Holding for rest of day or until stopped out. (1301)

Still expecting a close over 1315.

Got out and got back in, called that too.

Market closed 1314.50 - but hey, I can't have everything.

Hopefully my calls this week have inspired more than conspiracy theorists and naysayers. All of this is possible. Posts by cheese are a good start. No more though, as it is distracting. Have a good weekend all.

 

[noaveragingdown]

It's easy to identify the seasoned traders from the posers.

The posers are just too obvious.

Some poser characteristics:

- Don't like to accept they were wrong

- If they were wrong multiple times in a row they panic or become afraid because they think being wrong is a major trader's offense.

- They do more prediction than price reads

- They brag about size

- They take profits too quickly

- They lack humility

NAD

 

[ammo]

spx hns weekly 130 pts from h to neckline,1373-1243,current neckline 1251

 

[Now is Now]

Quote from noaveragingdown:

It's easy to identify the seasoned traders from the posers.

The posers are just too obvious.

Some poser characteristics:

- They brag about size

NAD

Well , my wife has already put that to "bed"...

NiN

 

[FreakofNature]

Quote from Buy1Sell2:

10-02-09 08:47 AM

Three important rules of the ES Journal are worth mentioning here:

1) Personal attacks are not allowed

2) Foul language is not permitted

3) Trades posted without stops are disregarded for journal integrity purposes

1 and 2 I agree with but 3 is very close minded, some traders trade without fixed stops.

FoN

 

[Lojanica]

Quote from Lojanica:

Just so you know your calls were superb today.

17.75 then, 23. Nice.

Can I ask why 1323 was your upside target.

Blotto.

Nice Hubris but the answer "I can't explain methodolgy in one paragraph..." is weak. Not that anyone really cares as this is an ego boosting site but I was intrigued by your very accurate calls this particular day. I top ticked the last few days so ho hum but my methodology is Price Action. I am learning Market Profile now (I studied it years ago but I suppose I didn't have enough experience at the time to comprehend the concepts full).

Anyways, good job.

 

[ammo]

the all time ch

 

[ammo]

reduced with hns,the upper red tl is the same as the all time ch

 

[ammo]

http://www.elitetrader.com/vb/showthread.php?s=&postid=3225514&highlight=thru+res#post3225514 look at the 1st post on this page and ponder the strategy of the PPT at the moment,it was either the PPT saying we are going to hold this thing up,or goldie and the boys juicing it for a big dump