ES Journal Archive (2011)

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When I look at the small piece I extracted this morning compared to the rest of the movement that occurred, it's pretty pitiful :)

2011-10-04-TOS_CHARTS.png
 
The range for tonight /tomorrow is 109425 lowside, 112950 topside. Today we has a double whammy, but I would have only traded the low side to 107250.

Good trading everyone. I am going to work on my euro trades to build up my capital.

R.I. P Eudaemon et al aliases, including Miss Tick
:D
 
Quote from trickshot:

I think this is what you call manipulation. :D
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Actually it was a signal on the weekly, not PPT, or manipulation or even the extraterrestials, good old fashion technicals.

Crazy A
 
Quote from crazyAtrader:

Actually it was a signal on the weekly, not PPT, or manipulation or even the extraterrestials, good old fashion technicals.

Crazy A
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What signal on the weekly? It was still a bear flag breakout at 3pm est, but of course that has now been invalidated by the 30 mins or so of buying into the close. Its obvious that various entity/entities had a vested interest in doing this.

I've been trading professionally for several years now, I've seen many weird things but these moves still amaze me (and is the reason why I don't ever want to predict/trade direction and be caught on the wrong side of the trade).

:D
 
They always say the market falls faster than it goes up (usually true). Well, the Dow futures went up 400 pts in 50 minutes or so (48 pts for ES). When was the last time it fell this fast???

At the 2009 March V bottom it took the exact same number of days to recover, thus we call it V bottom. The point is, the market can go up just as fast as it can go down...
 
Quote from Pekelo:

They always say the market falls faster than it goes up (usually true). Well, the Dow futures went up 400 pts in 50 minutes or so (48 pts for ES). When was the last time it fell this fast???

At the 2009 March V bottom it took the exact same number of days to recover, thus we call it V bottom. The point is, the market can go up just as fast as it can go down...
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Unless you have a trade the opposite way it doesn't matter much.
 
Quote from Pekelo:

Ask ammo or others who trade only one way if it matters...
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you cherry pick 1 day to try and make a case ?


Fear is stronger than greed.

That is why markets fall more rapidly than they rise.

That is why you see 3 days of grinding gains evaporate in just one day.


Ask the 9/11 longs if fear is stronger than greed ?


Show me one rally or bounce that has matched oct 1987




In a downtrending market the short side is less risky period.



Fear is stronger than greed
 
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