Got a rig about 3 months ago with Vista running 2 IB TWS's and a ButtonTrader (in order to separate execution from charting). With decent specs...
Thanks, I like the ES journal thread and it has some decent traders out there but it's also got too much noise that I'd rather not bother...
We amateurs have our days too :) 11:30 was a good time to close any morning shorts along with capitulating Eurpeans (also 53-55 area coincided...
Gotta watch the price action in the morning carefully in regards to the neckline in the 69-71 area and of course, the gap. The jobs number was so...
One of the reasons I'm leaning toward the bearish side today for the near term is that I'm noticing a head & shoulders pattern with the left...
Hmm. . .the rally attempt today hasn't been that impressive either, so far. . . Couldn't even fill the gap! I'd give more odds on us seeing a...
This sell-off looks a little tame & lame, even with a -2000 A/D on NYSE. Unless we gather downside momo in the afternoon and trend all day long,...
Keep discussing shorter term waves as well. It motivates me as a reader to think about key levels and it's been financially rewarding for me as...
Nice call again! :) Now, this thing looks a little impulsive (do I see five waves already? 1 to1447, 2 to 1439.25 3 to 1450 4 to 1447 then 5...
http://www.indexarb.com/
Nice call on the short term S&P & Dow wave 2 top. I don't do wave analysis but my target once we broke the rising wedge yesterday was 1435 on ES...
Thanks for sharing your firsthand experience. It's nice to hear it from a trader I respect on this board :).
These pics show why I think the next few days could get interesting: SPX http://img251.imageshack.us/img251/3243/spxyu4.png Dow...
Looks like the trade might've happened around 10:50 AM based on the volume spike and the traded prices on options. I'm really interested in...
Anybody remembers what happened to index options right before Greenspan suddenly cut 50 bps during the RTH in 2001? TIA
Deep in the money calls behave pretty much like the underlying but require less margin so I'd think people who want the leverage on the long side...
Personally, basing it on pure intellect, I find Bernanke to be far superior to Greenspan. Greenspan created this mess and Bernanke inherited...
You beat me by $22,942.46 for the month of July :). You're an inspiration to many aspiring traders. Heck, I freaking envy you now :P.
Sure, the commercials were net short prior to the February decline, but they had been net short since late '05! I smell data mining on the part...
If that is such a reliable indicator, why were the commercials net short until April of this year, when we entered into the 1500 range on SPX? Do...
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