ES Journal Archive (2011)

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Quote from chaykapwr:

I got out of most.of the position at basically the bottom. Had limits to short in the 05-07 area. And look where it hit. Called the high a day in advance. This is serious resistance by the way.



So you got stopped out of your 89-96 short at 1200 ?




And how does see you guys at 1207 magically transpire into I shorted at 1205-07?
 
Quote from zjulian104:

The buzz is pointing down. Buyers got pushed down at the weekly VWAP high-end standard deviation on the 4 hour at 1201 and have struggled to regain 3 ticks all morning. A run-up is almost assured however. The twist they don't want you to know is that the sell-off will be to place a print hard and low enough to move the averages. The good news, it won't be far. The 3 day RSI on the 4H is, it would seem, perma-perched above the 70. God would have to short this market to move it. And she's happy long. ha


This is probably a great post. Wish I could understand things like "The twist they don't want you to know is that the sell-off will be to place a print hard and low enough to move the averages. The good news, it won't be far." Would you kindly explain for those of us who are still a bit behind-the-curve?
 
What I wrote was akin to an Oxford Chancellor reciting errors in the English/Oxford dictionary compared to auctioneer lingo in Chicago.

But if you insist on breaking my balls (because WTF here is genuine really): don't stay in a short long after longs over-extend themselves at the open.

Leave me.
 
Quote from zjulian104:

What I wrote was akin to an Oxford Chancellor reciting errors in the English/Oxford dictionary compared to auctioneer lingo in Chicago.

But if you insist on breaking my balls (because WTF here is genuine really): don't stay in a short long after longs over-extend themselves at the open.

Leave me.

Nice to find a trader with an inflated self-image. For a change.

Meanwhile, here we are, again, at 96.25, folks. No rally is a rally until we crack this ceiling for real.
 
Quote from zjulian104:

The twist they don't want you to know is that the sell-off will be to place a print hard and low enough to move the averages. The good news, it won't be far. The 3 day RSI on the 4H is, it would seem, perma-perched above the 70. God would have to short this market to move it. And she's happy long. ha

So "they" are motivated to trade based on what they want others who use moving averages and *gulp* RSI to see? :eek: How do you know this? Experience working with "them," or purely conjecture? I'm seriously asking, don't let the question bruise your ego, I'm trying to learn.
 
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