Axiom

I've got a box full...never been opened, if anyone needs any! Axiom

I know it's on a dresser right now haha...this is just a current picture from what I've got going on right now. Even gave ya'll a sneek peak at the analysis for.....which market is that?

The flaw...well, to me there's multiple errors or things that I would do differently. The biggest issue about doing long horizon trading in futures, is that just because you have a bigger margin of error, you still have to be extremely sharp on your technical analysis. So do not think that because you're going into the contract with the intention to let it sit and it'll at one point be profitable. That's extremely naïve. The current bull market, starting from after the 07-09 recession is f.r sure on it's second half. If you don't know the wave count that we're working on right now, you're going to get your ass chewed apart by just letting a contract ride. Sure, you can keep adding more funds, if you think that's a wise investment. The ESmini is only $50 a point though, so if you don't mind be 1000pts. in the negative possibly then go ahead. The smartest thing for you to do is to get a firm understanding of the Eliott Wave Principle and trade the wave reversals, the major ones. Or, what I'm in the process of doing for a friend is putting a large amount in an ETF because you can enter on both sides of the market, but it's "safer" to the people that look at the market like my friend, and like I think you might. With the ETF you could invest the whole 100k and enter on only the major wave reversals and easily get back $30-$50k/year. It will also depend on the Index and the valuation.... You need to know that because the market is in it's second half of it's 5 wave structure, the end of year earnings for all the indexes are going to start being bad, so any BUY/long position, overall is going to be a bad investment. You need to also have a thorough understanding of the time cycles that're at work right now and how that plays into the wave structure... You have a lot of work to do, if you want to make a wise purchase.

1,890.00-1,893.00 was the projected low for the day....confirmed twice. Was allowed two rides on the roller coaster. Axiom

Just realize and think about this for a minute. You want to make an impression at your new job. You want them to say, wow this guy knows something. You want to increase your assumed value. Now, if how you want your value to be estimated is by putting on display someone else's knowledge, because of your lack there of. Then, you are not only settling for the value of another man...but you are really allowing another man's knowledge(or lack there of) to rule you. What if the person you choose turns out to be an incredible idiot? Now you are the idiot, and rightfully so. Because instead of actually learning the material and using your own mind to form your own ideas, you've accepted someone else's ability to interpret such information to be superior to yours. Just think about this. If in fact this is a real situation, think about what you're doing. It is so flawed, you might scrape by this time but what's at the root of this is going to be the rope around your neck one day. Axiom

Reversals can be clearly defined, I just do not view the market as a knife. To have continual confirmation in the matter of interpreting market movement, I just cannot make that comparison. I do believe that there is an overwhelmingly large percentage of people who're involved in the markets that have no business being involved. Their lack of knowledge, and desire to understand what they're doing is what allows the market to be viewed as a knife. I would say that it is them that is the knife, their own worst enemy if you will. But I fully agree that mini has been incredible since August. Axiom

Read everything by Constance Brown. Axiom

Well the 1980 was spot on for the low on Monday...it hit that and jumped up. Today I thought it might do the same for the 1968 projection...today's low was 1970, so pretty close. Maybe 1968 will be respected in a few more days. The Russell mini dropped through a support with it's low today, which was not a projected pressure point. Which leads me to believe the S&P has further to fall, in terms of the 1968 level being the end of this C wave....I'll have to do some more projections in case the 1968 is not respected. Hmmm....I'll need to do all my numbers and update my charts to see what exactly is going on. I know that today(the 6th) and Friday(the 8th) are possible pressure points on the vertical axis. Let's see what these oscillators look like. Axiom

Excuse me if I've misunderstood you, but.... You've just stated that you've been hired as an investment analyst, and you're asking for someone on this website to explain the analysis of different indicators? Isn't that your job? Haven't you been hired because you possess the ability to determine such matters on your own, through the knowledge that you've acquired through years or market analysis? Please tell me that I'm missing something. I really want to have been overlooking something. Axiom

It is as I assumed. If I had to manually enter all the historical data it would just take too much time. Really, it's not a big deal. I suppose I'll set aside some time in the future to tend to this. Axiom

Your signal dilemma....from what indicators? What form of analysis do you use? I would look at that, and then wonder why I'm using a tool like that. But then I might say to myself, if every strong signal leads to no move while every weak signal leads to a big move...why don't I simply view the weak signal as my trigger? A CONSISTENTLY bad signal is just as good as a CONSISTENTLY good signal. What is an indicator? It's nothing more than a symbol. A symbol of what? More than likely, it's symbolic of a trend change. If your indicators are not CONSISTENT, then they're not indicating anything. It because a maybe it will or maybe it won't. I do analysis on all three axis' as well as run three different oscillators(which can change if my some things become blurry) Having a complete form of analysis is extremely important...if what you're doing does not clearly define a point to pull the trigger, what use is it really? Studying the markets can become a very time consuming and exhaustive endeavor, though very beneficial. Knowledge is power in this instance, and that can only be gained one way. I wish you success in finding truth. Axiom

Stephanie, I'm not quite sure that I follow you. If you're saying the current ESH contract is fulfilling it's ABC pattern, then yes I do agree. On the daily horizon I am trading on that premise. It's currently on it's C wave to be very specific. 2075-2076 is a major area of confluence, and as you know it topped out at 2075 and dropped immediately. Great entry point, easily would be able to grab 150-250 points on this move(depending on how many accounts you're trading). Worst case scenario, with one contract and being tentative, you could grab 60 points. There is a bunch of ratio clusters in the 1996-2001 range, but that's been broken and new notes are being played. My price projections give this C wave(in the daily horizon) a couple different possible targets. There is 1982.75, then 1980, then 1977.25, and 1968. I do realize that I just gave you four possible projections, though that is extremely efficient for myself. My price projections rely on more then just price analysis. So after gathering these targets I then have to do analysis on the vertical and diagonal axis, which will show which one is the most likely. I have not done that for this wave C, for a few different reasons, but ultimately because it's not needed for this move. Now, obviously none of these could be respected. The market will speak, it is our responsibility to listen and understand. The bottom for this C wave will be extremely clear in your oscillators as well... Hey, what markets do you cross reference for your E-mini analysis? Don't if you do or don't...but one you might want to analyze is the Russell mini. Axiom.

Let me add this. The charts do not have to be super technical, I wouldn't HAVE to have my different oscillators on there I suppose. Just the price data in a simple OHLC. Looks like I may have to call TradeStation.

I'm not a big fan of analysis on the computer. I do all my charting by hand and I'm looking to upgrade my current routine. What I'm looking for is a company that will send a real paper chart to you. I'd like to buy charts in the 3 day, 1 week, 1 month, etc. from the beginning of a few markets. My charts only go back a little over a year, and while it is very efficient for my needs, I really hate having to do analysis from before that while on the computer. Yes, I understand that what I'm asking for would be a huge piece of paper. That is what is needed. I figure that if all the data is out there and already graphed, why not just print it out, but in a professional manner. I suppose the market for such items is probably very small....I've searched a little, with no luck. Maybe just a nod in the right direction. Thank you.