ES 12-31-08


GM Traders

Daily PP: 882
R1: 895.25
POC: 879.50

globex gaps: 893.75, 891.25
It was an interesting year and looking at the charts one feels the power of future trading. But FWIW be aware that the market is a sleeping giant and think twice before you mess with it. Always have a back up plan or exit like a Stop Loss for even one minute can blow your account. Look at the Open at 8:30 on the ES if you were short. What mental state would it take you in…………………. All we are trying is to convert a 50:50 probability to a 51:49 before the giant wakes up…
Is today a full day or half day?

Thanks VO
full
i'm on the 92 shorts
looking for the or highs...
classis pit ball Bruce
yes classic pitbull entry ak1
just short of a falling 3 method
fwiw, small $ was basically neutral all day yesterday and big money bought all day, accumulating a net 30k contracts or so. so far this AM bigs sold on the open and have accumulated since, now + a net 1600 contracts while smalls are + a net 700
This is how I have done so far: One bad entry so far....

05:50:39 1 SELL_LIMIT 892.00
06:03:15 1 BUY_LIMIT 891.00
06:03:15 1 BUY_LIMIT 891.00
06:22:03 1 SELL_LIMIT 891.25
06:22:52 1 SELL_LIMIT 891.75
06:25:52 1 BUY_LIMIT 890.75
06:31:54 1 BUY_LIMIT 890.25
06:37:19 1 SELL_LIMIT 891.25
06:37:56 1 SELL_LIMIT 891.25
06:50:57 1 BUY_LIMIT 890.75
07:18:27 1 SELL_LIMIT 889.50
07:27:30 1 BUY_LIMIT 889.00
08:35:00 1 SELL_LIMIT 889.50
08:35:40 1 BUY_STOP 890.50
08:58:59 1 SELL_LIMIT 892.50
08:59:21 1 BUY_LIMIT 891.50
happy new year everyone