Chart 20 is the "workout chart" We have to sweat a little now that you can do ftt's and bookmark reversals. This chart has some fans. WOW!!! Look at those two bar yellows creeping in suddenly (they take 10 minutues each) this is tough and dirty stuff. You have to do what was already written in this thread over and over. you have to log and keep a bookmark going through a yellow zone.
So what happens from bar 60 onward. who cares. If you look closely you doubled your money already. Plan on doubling each day BUT we ADD contracts very 30 poiunts of profit to keep the pot boiling. bar 81 was an ftt so the day starts short tomorrow and we have a bookmark in place. Watch out for the ficticious black swans. They do not exist in trading or making money. Taleb needs to go live in Australia as Paul harvey would say. We need to build a tube to take care of the oil spill.
Fine, doubling your money every day is just too much to put up with. I think I'll go go get some new sneakers.
Monthly ES June 28 2010 Finishing out the month of June here is what the ES looks like so far. Sym Pennant will be the 2 bar formation closing month of June . . . for the slow fractal Point 3 of the Monthly ES. This will open the month of July with a May ,June, July Lateral Formation.
Jack why is volume removed from all of the chart snips ? Although easy enough to look at a chart with it and compare to your notes here.
Also Jack would you please review this monthly ES just posted and highlight what you see at this time and in the near future It is an incredibly slow bar to bar analysis on a monthly chart but it does all play out the same regardless of time frame. Just need a lot of patience for this one. http://www.elitetrader.com/vb/attachment.php?s=&postid=2883889
I think it was rainman who gave this link to JH one time to post very easy videos. I tried it out and it was extremely easy. Capture screen, record it including voice, and instantly post it. All free http://screenr.com/