ES 10-08-08
I cant wait to see how the talking heads explain tonites action!
Joe; is your last name Gann Love these #s
if that happens around 2:42 ill bite!
5 min. boll. at 1112.75
fwiwgang, the move from 963.50 to 1045 was 81.5 points , addit to the 12 or 12:30 low and see what u get!LOl
WELL THAT 14:42 PEAK IS WORKIN ITS MOJO
ES bouncing off that 1009 sq nine a little....1min RSI oversold. But the trade was passed because it was just knocking this number a few min ago. But would have still yielded some profit.
Wont be too long and the boyz in the pits will start thinkin about running her up into the close. I see the naz is strongly out preforming the dow and s&p500 today(bullish)
[quote]Originally posted by CharterJoe
Prest,
We got an IB breakout I would say 56-60 doable. We have been down so long.
I see that Joe - the 50% extension wold take it to 1082.5. Incredible! Too bad I have to leave early. Great trading today all and have a prosperous close.
Prest,
We got an IB breakout I would say 56-60 doable. We have been down so long.
I see that Joe - the 50% extension wold take it to 1082.5. Incredible! Too bad I have to leave early. Great trading today all and have a prosperous close.
just way too overbought for me to buy this thing yet!
long one at 1008.75, 2 point stop... out quick!
I love Pivots...daily, weekly, monthly, I love it even better when there's a sq of nine near by.
As to your 2nd question it really doesn't matter why .146 (its phi to the 4th power) and .25 (1/4 or 2/8ths) but it all has to do with sq of nine....from each of my sq of nine numbers is sq root + or - .25 and then squared reason being that has to do with squaring a circle. All that matters is that it works.....146 used to work beautifully but now it moves that much in 2 min, so I don't use that any more once the markets calm down it will be useful once again.
As to your 2nd question it really doesn't matter why .146 (its phi to the 4th power) and .25 (1/4 or 2/8ths) but it all has to do with sq of nine....from each of my sq of nine numbers is sq root + or - .25 and then squared reason being that has to do with squaring a circle. All that matters is that it works.....146 used to work beautifully but now it moves that much in 2 min, so I don't use that any more once the markets calm down it will be useful once again.
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