Rejoice, fellow buggers! Gold is afraid of its trendline!
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Old Possum's Book of Practical Charts
- Thread starter John Merchant
- Start date
Golds and oils buys goils!
Now here is a nice little NQ tick play. Pathetic, you say? Of course it is! But I post it to make three points. First, most ET posters who claim they trade RARELY post execution reports (mine follows in the next post). Second, Jack NEVER does. Third, this pitiable little trade was a 100% probable winner with NO Jack principles involved whatsoever.
Attachments
are you hypo? anyhow, what did you do before the oil/stocks correlation became so prominent recently?
How could that be possible? Hypo doesn't like you. I LIKE you. But among we seventeen that is the minority opinion. I have traded NQ badly lo these four years. And it is not the CORRELATION that is the trick pony, it is the ANTI-CORRELATION. Which precedes the profit in the ANTI-ANTI-CORRELATION. And whose exit is signaled by the ANTI-ANTI-ANTI-CORRELATION. If that makes any sense. But today's lesson was NOT an oil trade. It was something far more subtle, anti-Jackean, more like pure shit luckean. That trade wiggled its ass in my face and I could not pass it up.
Here is another periodic (idiotic?) challenge to Jack to publish JUST ONE ES trade which will dazzle me with its brilliance and humble me with its size. I maintain my status as the only person here to post authentic execution reports, no matter how humble the trade. This was a very efficient little no-brainer trade, BTW, which captured a high percentage of a brief jactal. So you see, Jack is right, you can make many X the daily range, especially on a day when the daily range is near zero. But not using Jack's methods, hahahaha!