ES Journal Archive (2011)

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Quote from fishing:

explain please i dont understand

If net buying from 9:00 to 10:30 was +15K contracts, and price went up about 8-10 points, then from 10:30 to 12:00 the net buying was up another +25K contracts, how much would you expect price to be up since 10:30?
 
Shit. Just checking in here while making my lunch. :)

NQ actually broke the resistance at 2352 that I mentioned and made new highs, but now ES is pulling back and TICK is trending downwards? Some divergence there.

ES still looks like a bull flag here at the highs and like Picaso mentioned earlier, the 20-EMA is just below here at 60.

This remains one of those days that I usually get beaten up badly trying too short, on the same time, I don`t feel to confident about a long either.

So, back to making my lunch. :)

PS: If sellers show up beyond a pullback, who knows. :p
 
Quote from wave:

"but there is no way in this lifetime that I could have predicted we traded there in advance like you did."

never underestimate yourself or ability

"Do you mind sharing what you were looking at that made you so confident?"

yes, years of pain and sacrifice.

All the best LZ

I was merely humbling myself in front of someone with abilities beyond my own.

I am still a very cocky bastard with high hopes, but I`m aware of my limitations in my present state. After 4 years I`m doing OK intraday, but I guess it will be 4 new years until I start dominating at higher timeframes. :p

Glad to hear that it paid off for you and that it is possible.
 
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