The Hindsight Thread.

[ZaytsevVasya]

Quote from SwaggerRobertLee:

07-12-12 03:43 PM



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Quote from Buy1Sell2:


4. Don't scale in or scale out.

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Quote from SwaggerRobertLee:

So I buy ES at 700, with a stop below the "noise", it goes to 750 I buy more, idem with the stop, it goes to 800 I buy more... etc, etc...it goes to 1300 I buy more ES, with a stop below the "noise"...

What am I doing wrong?.

Foresight, hindsight, method, counterstrike features, all in one reply. Genius, to describe it with one word.

Marks will not get it. Marksmen will, eventually if they persist.

Hindsight of tomorrow is the foresight of yesterday.

Drink a couple of Vespers, and read it again for your own benefit. In hindsight, of course.

 

[dbphoenix]

TODAY'S CHART REVIEW:

 

[hitchslap]

nice volatility:

 

[dbphoenix]

nice volatility:

Yes, it was.

 

[bmwhendrix]

nice volatility:

DB, On the "yesterday's range" rectangle, you have excluded the highs made in the afternoon. What is the reason for this? Thanks in advance.

 

[dbphoenix]

DB, On the "yesterday's range" rectangle, you have excluded the highs made in the afternoon. What is the reason for this? Thanks in advance.

Those were outside the range.

 

[bmwhendrix]

Those were outside the range.

If you mean the pre-opening range, I get it. The rectangle extended into the regular trading hours, which is what threw me.

 

[dbphoenix]

If you mean the pre-opening range, I get it. The rectangle extended into the regular trading hours, which is what threw me.

No, "yesterday's range" refers to the range that was traded until lunchtime, 42-60.

 

[dbphoenix]

The foresight chart may be found here. Note that it was posted at 0514 before the support at 13 was confirmed.

 

[hitchslap]

I can see the missunderstanding.
I'm afraid 'see how price behaves here' isn't really an actionable 'call

Still, for the purposes of the thread, the charts are good. I like 'em.