ES Journal Archive (2011)

Status
Not open for further replies.
Quote from gmst:

Lawrence, you have done so much work on quantifying ES market. Still you believe in H&S and IHS patterns, and that too on an intra-day basis. I can understand if you are looking at these patterns on daily chart, but on an intra-day basis - Makes me wonder. Have you done any studies like this on ES?
More...

price pattern is a result of the battles among the players in the market.

classic patterns have very good bias and works well across many timeframes

you just need to use them properly.
 
Quote from noone3:

ammo, just to get a grasp on this, your flat 94 has nothing to do with that chart, right?
More...
20 point stop,left in overnight,then got back in,then saw possbile 1201,got out
 
Quote from ammo:

20 point stop,left in overnight
More...
ok i see
I thought it was a quick scalp (my bad), so i thought that the chart with the W you mentioned was way too long-term to use it as an indicator.
I still think that your timeframe is a bit too long-term, but now i get it :)
 
Quote from Lawrence Chan:

price pattern is a result of the battles among the players in the market.

classic patterns have very good bias and works well across many timeframes

you just need to use them properly.
More...

Thanks, but that was a very generic response. I was hoping that you might offer some specifics :)

In any case, imo, these patterns have much higher probability of playing out at higher timeframes than intra-day.
 
Quote from gmst:

short 87.75 and short 1191. 1st target 89. 2nd target 84.
More...

covered 1 ES @ 93.5. Holding the other one. Probably will scalp onwards as market is very rangebound today and entering lunchtime now.
 
Status
Not open for further replies.
Back
Top