ES 12-18-2008


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  • lordalfa
  • 18-Dec-2008 at 7:20 AM
  • Rep: 140
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Good morning to the USA, good evening in Asia. As of now, 45 min before RTH. It took a steep plunge to the pivot at 903, all in less than 10 min.

As a short term scalper. Lets see for the first 3 mins to confirm EMA3 is on top of EMA9, 3 green candles with bearish resistance with MACD pointing up. Target 4 points with SL at 3. Trailing stop change to 5 when price changes to 3.

Have a profitable day everyone.
Click image for original size
45 mins to RTH 18 Dec 2008
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  • BruceM
  • 18-Dec-2008 at 11:29 AM
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I have two one minute bars with matching lows on the RTH lows...can anyone confirm that?
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  • VOwater
  • 18-Dec-2008 at 11:30 AM
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I have 3 bruce
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  • VOwater
  • 18-Dec-2008 at 11:30 AM
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  • Posts: 4,121


Click image for original size
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  • BruceM
  • 18-Dec-2008 at 11:31 AM
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now YM is on lows but not ES.....these two need to get in synch before any real trend can begin.......otherwise more back and fill and ES will retrace up a bit
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  • koolblue
  • 18-Dec-2008 at 11:31 AM
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SAME HERE BRUCE 9:54 AND 9:55
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  • BruceM
  • 18-Dec-2008 at 11:31 AM
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thanks for the confirmation
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  • koolblue
  • 18-Dec-2008 at 11:31 AM
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OH WAIT YOU MEAN IDENTICAL BARS? NO..BUT THE SAME 898.25 LOW AND ALMOST IDENTICAL
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  • BruceM
  • 18-Dec-2008 at 11:33 AM
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I mean the same exact low on your one minute chart
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  • BruceM
  • 18-Dec-2008 at 11:33 AM
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low would be 98.25
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  • koolblue
  • 18-Dec-2008 at 11:34 AM
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yeah,VO thats cause thats a 610 chart..our 1 min has 2
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  • feng456
  • 18-Dec-2008 at 6:11 PM
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quote:
Originally posted by BruceM

Thanks Vo that's what I had imagined ...so you can use price projection failures on the lower time frame to get you going in the direction of the larger time frame......
quote:
Originally posted by VOwater

and yes bruce the bigger time frame projections do indeed carry more weight



speaking of failures....*cough *cough

(im alluding to myself)

yes yes i need more confidence but poking fun at myself is better than seriously saying im a tool.
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