ES Journal Archive (2011)

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Quote from GordonTheGekko:

IMO... an incredible bull reversal in 5-30 minutes.

This is the third time I have been a sucker to a "guru", one who is smarter, richer, taller, shorter, faster slower, etc., etc.

Dammit!!!!

Now what should I do with those bazillion contracts I jumped into on his/her urging?

Dammit! :confused:
 
Quote from JoshDance:

If you mean the profile on the right of your chart ... when you redraw the profile to include a different period (extend it more to the left), if won't have that shape. That theory does not hold much water... You can make the profile any shape you want when you change the period of it. I assume you're referring to "P equals up, b equals down" ... all that means is that more volume happened at the top of the range, or the bottom. In fact, when volume enters strongly at the bottom, I would not typically expect a continuation downward. But it all depends on what happens next anyway.

For example:
http://screencast.com/t/1fpr293VCgi
i am looking at a dozen charts and hop around, the profile i was talking about ,although its a week at a time pattern ,so that one was last week ,was the half bell curve where you are waiting for the bottom to fill in,or another guess would be the ledge where price was held above a minimum # for exp
 
Quote from ammo:

i am looking at a dozen chart and hop around

That will probably result in massive confusion as to what's going on NOW, don't you think? A dozen charts, particularly MP, will all tell you different stories. You see nips here, ledges there, and at the end of the day none of it really matters except what happens in the next few minutes or hours.
 
Quote from JoshDance:

That will probably result in massive confusion as to what's going on NOW, don't you think? A dozen charts, particularly MP, will all tell you different stories. You see nips here, ledges there, and at the end of the day none of it really matters except what happens in the next few minutes or hours.

+1 :cool:

your trade only as good as next print

this fucker will see 09, then i will flip[
 
spy,spx,es, xom aapl,eur/usd,dx,cl,uvol/dvol,tick,adv/decn,..just watch the package and you have a better sense of what the bigger money is watching,trade less,but hopefully for bigger moves
 
for anyone :

Do we have a futures contract on only fin. sector names in SP500, something like a futures contract on XLF like thing ?

If yes, given the fundamentals going on, will be more productive to short that when you get a short bias on the overall market.
 
Quote from ammo:

spy,spx,es, xom aapl,eur/usd,dx,cl,uvol/dvol,tick,adv/decn,..just watch the package and you have a better sense of what the bigger money is watching,trade less,but hopefully for bigger moves

tht's too much bs work for me

you got to be kidding
 
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