Xmas Rally Has Finished.

[tradingjournals]

Afternoon (qqq now at 56.18):

Quote from tradingjournals:

qqq at 56.02. Is it a deja vue --- Are sharks (buyers) entering the waters?

Morning (qqq went to 56.65 area)

Quote from tradingjournals:

qqq at 56.18: Are sharks (buyers) entering the waters?

Sharks nailed both the morning bottom, and the (so far) afternoon bottom.

 

[tradingjournals]

does anyone trade e/u? It is now at 1.3015. If I go long, how much do you think I would lose before seeing the green if any?

 

[bwolinsky]

Quote from iceman1:

just curious; don't know how old you are and how long you've been around the markets, but have you ever been "wrong?" From reading your stuff you are way too over-confident, if not borderline arrogant. Why is that? I always thought humility was part of the character of really good traders; at least the ones I have known here in Chicago; not that they we not uber-confident as well. I learned the 'hard-way' to be humble when involved in trading the financial markets.

regards,

The technologies I have in wealth lab for my pairs systems have 88% win percentages, the 2401 and 16807 NQ versions of price physics have 60+% win percentages.

You combine the two and only an idiot who clicked buy when they should have clicked sell could possibly lose.

 

[bwolinsky]

Quote from tradingjournals:

qqq at 56.02. Is it a deja vue --- Are sharks (buyers) entering the waters?

Well the 2401 thought that it was, the 16807 not so much, covering short at 2289.75 from 2277.25 was great, but now I've got to wait out another lower high.

If the trend is not obviously down to you, it was obvious from the moment I made my first call in this thread.

 

[bwolinsky]

Quote from tradingjournals:

does anyone trade e/u? It is now at 1.3015. If I go long, how much do you think I would lose before seeing the green if any?

You will most likely never make any money on that trade or be marginally profitable for a few moments, as the news out of Europe is entirely deflationary, it is not a good choice to go long and fight tape, in the Euro, and the 5 cent crash has already happened that I predicted. It will continue.

 

[Lucrum]

Quote from tradingjournals:

does anyone trade e/u? It is now at 1.3015. If I go long, how much do you think I would lose before seeing the green if any?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=221311&perpage=30

You're a drooling idiot aren't you?

Last time you supposedly traded EUR you blew up your $100 account and abandoned your journal.

 

[bwolinsky]

Quote from kinggyppo:

that's it I quit trading, how could I compete............

No, don't go yet! I need your liquidity!

 

[bwolinsky]

Quote from Lucrum:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=221311&perpage=30

You're a drooling idiot aren't you?

Last time you supposedly traded EUR you blew up your $100 account and abandoned your journal.

I wondered when you'd say something to the piker, lucrum. That journal's hilarious.

 

[bwolinsky]

Quote from bhardy307:

"How long before this unmannered and unpleasant "quant" (I can barely type between laughs), Bowo, is flipping burgers?

Not long after any of his "clients" (or more likely their concerned relatives) with normal IQs type "Beau Wolinsky" into Google..."

www.elitetrader.com/vb/printthread.php?threadid=194979

Found this. Thought it was kind of funny.

Old news. I don't agree with his opinion.

 

[Lucrum]

Quote from bwolinsky:

Well the 2401 thought that it was, the 16807 not so much..

Hey I just had a brainstorm on this magic number seven constant volume bar chart thingy.

Check this out:

bar size = (7.777^7.777) + 7.777


What ya think?