Category Archives: Live Chat Room

this is not really going anywhere..one way or other at the moment…maybe lower into lon ..then some little rally later…quite the monotony they can create and then make the better moves when least expected….but don’t really know at the moment but liitle push higher here poss

across the news wire it says ‘ US stocks head lower as investors dither ahead of Yellen speach”….dithering investors are always a problem…

this has only gone 1 tick below where we recommended….risk is a difficult thing…esp when trading and takes time to develop for each individual…I can only give insights and rec…i do not know what your own risk tolerance is…but .this is trading ..not low risk long term investing…so obv one must realize that more risk must be taken on to achieve positive results

now may see lower..and have to wait ..alhhtough a fake here for higher very poss remember the safest way to go after 2 or 3 is a be and out….that is up to you…all risk is…but fakes like this are common and it could take off here…hence why I always watch and see..esp if already have profit on the trade……( and can add if already reduced etc)

2nd off at two

theres 2..but it was early and we’ll have to see

an early B here at 2173 75prob good idea then see

Financial headlines over the wkend and this am such as ” Yellen’s speech at Jackson Hole set to dominate mood on wall St”, and ” Dow futures trend water as buyers won’t jump in until Yellen speaks”, tell us the exchange is still mainly utilizing the Fed as they did last week to shape investor thinking

can prob anticipate a little lower here at this open….this 2180 is amazing ..over 10 days now

In Barron’s this weekend, A publication of the Dow Jones…worthy of the most advanced propaganda….said..” four years ago, Facebook was too pricy at 23 a share…..today,at 124, it could go higher’..another words, a buy recommendation on FB at 124 for an anticipated 153 in a year…One of the only retail outlets in the world(the exchange) where one is readily induced into buying high and selling low

The futures rallied somewhat on lon this am, and then brought it exactly back…most likely the narrow, low vol action will continue this am and most likely ..this week

it tried to rally…got to 83…..sort of ended up right we were earlier……anyway good day and good week….let’s see what the exchange gods cook up next week

I stated at 1353…that the 2177 area was good for a B and /or a hold from this am’s trade……it still has some poss of rallying into the close and into positive territory…..If staying in or B for this poss i would not go under 2176

both 1300 and 1340 are constructive for a B sig for eod and or holding this am’s for higher finish (2177)…..if still in…..there is a poss we could see 85-90 by eod or wkend….not in but worth noting

So if done for the week…and we may be….it was a good week. No trades on mon….but week ended up …using the min of 3 contracts per trade and the three posted reductions…..54.5 ES pts on 7 trades for the week…for those with very low risk profile or those with small accts it was a pretty good week….about 2775 profit with maybe 100 in commissions. Those doing larger contract size and have larger accts and have larger risk appetite, obv did quite well. And there were no losses this week if trades done as posted.( did not panic out or put in very tight stops) in other words…dont overtrade…dont panic….follow the plan ..the method..and we should be fine

just took 2179.75 on this last one….so 2-4-8 on that…….it may go to 83 84 and higher…but since we are trading here and these are NOT our investments…its prob prudent to take the profit and maybe see what happens the rest of day.or just wait and see what the wkend brings

the persistent Fed “news” had people selling and hesitant this am…which was the intent…..the rather rapid rally up is typical after that……all trades ..if early around 75…which i said would be too early or if in the preferred 73 74 area have all worked out well so far….so taking all profit is not a bad idea…and its Friday and we had a pretty good week…so up to you…there is still a chance of 83 for lon…but there is still a long way to go in this day

any penetration of 83 84 i still think will be later if its going to happen today….a rally there for 1130 is poss then perhaps a decline……

the next “Great Wall” is the 2184…will they go through that today?….

what is it with this 2180…..jeez…enough already