ES 1-2-09


GOOD MORNING AND HAPPY 09! order to sell one only at 905.00
with this vix over 50 the last several months ,i dont see how you can have much smaller of stops ,to be honest!
Koll
what is your red moving average
it should have went with the 28.50 close
stop 28.50
red is the 'bollinger' avg (15 period ema) white is the 'avg' ...54 ema very powerful avg's for at least the last year or two!
Is that the making of a bearish butterfly?
flat 28.50...theres a chance of 37 today
the way i look at stops is this... look at a one min chart. almost every bar is around 1.25 range! so using less than 2-3 handle stops you better have incredible accuracy or your not going to give your trades much chance to develop! just my opinion..
Dont fink so..but at a push it could be a three pushes (3 little injuns) to the top. Bit late now though...


quote:
Originally posted by Margie

Is that the making of a bearish butterfly?

yes there is VO ,OR AT LEAST 34-35!
Hi Kool. Interesting method of time and price.

I was wondering if you do use your cycle/price method for trading with the trend, and how do you climb on board in those cases. Or maybe today was unusual day for going against the trend?.

Thanks