Iterative Refinement

[romanus]

Quote from Spydertrader:

If you find the 20 SMA 'gets in the way' more than it 'draws attention to an area,' remove it.

Thanks. I find that there's plenty of 'subtle differences' in Price and Volume as it is, and any extra lines on a chart cause unnecessary "defocussing".

 

[TIKITRADER]

If price holds to close there is a breakout of the long term trendline on increased black on the ES daily.

 

[teguichilla]

Spydertrader, any chance you could post your chart?

 

[Spydertrader]

Quote from teguichilla:

Spydertrader, any chance you could post your chart?

See Attached.

- Spydertrader

 

[teguichilla]

Many thanks!

 

[Tums]

Quote from gucci:
Raping the market as usual Mr_Black. Keep at it!

The buzzword is Extraction.

;-)

 

[tradingbug]

Quote from TIKITRADER:

If price holds to close there is a breakout of the long term trendline on increased black on the ES daily.

This move since mid july looks to be a non dominant intermediate term traverse of the Primary Bear market.

Once we start the next IT dominant traverse, things should get exciting =)

 

[Ezzy]

Quote from Mr_Black:

I promise to spend all the money I made today for ice cold beer and hot chicks

In that case expect a knock on the door from some party crashers

 

[TIKITRADER]

Quote from tradingbug:

This move since mid july looks to be a non dominant intermediate term traverse of the Primary Bear market.

Once we start the next IT dominant traverse, things should get exciting =)

You are right bug.

Also, I am still keeping an eye on the right trendline of the monthly chart that sits about 1345 - 1350.
See if it holds there.

 

[TIKITRADER]

ES U8 Daily Chart August 28 2008