ES 12-05-08

GOOD MORNING ALL! Well as you know im not a big fan of longer term forecasts, but i keep getting asked so much that thats why i posted some views the other day on the globex thread and the trading strategies forum. I bring it up not to receive plaudits but because im trying to 'teach' you that the techniques i have shown you here(price proj. and cycles) work on any time frame and in any market for that matter! I have always made good money from the markets but my dream has always been to create an 'army' of traders as skilled (or better!) as i am to level the playing field at this giant casino we call the financial markets. When i made the case for a top in the market tue-wed with 872.50-877 being the prime resistance area im sure most were skeptical, and heck, coming off of the most oversold market in history thats understandable.

gotta cover in 2 min!

thats ok just the 1 min boll avg ..still holding

i min proj is 824 and 1 min avg is 824.25 ill sell one more there!

YUP!

quote:

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Originally posted by prestwickdrive

remember singles 817-817.75 and 817.75-820.25

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We took these out and bounced off of 17. Next lower set is 807.25-813 and 813-814.25, fwiw. Also 813 is sq 9

NEVER THE FIRST TIME!

thanks prestwick...saw that so9

UGH! SHORT 2 AT AVG PRICE OF 824.75, STOP AT 827.75

WELL STOPPED AND DOWN 6.75 NOW. got too greedy and sould have covered the stall at 817! had 3 min to do it too! Wont make that mistake again! selling soon!

s @ 28

Welcome to the forum UKtradergirl

These dynamic charts (volume and tick charts) take a little getting used to at first. VO uses a 610 tick chart which matches my volume chart fairly closely.