ES 1-08-09


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  • Maria
  • 8-Jan-2009 at 7:46 AM
  • Rep: 0
  • Posts: 88
That's your 896 Kool!.
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  • PDQ
  • 8-Jan-2009 at 10:54 AM
  • Rep: 110
  • Posts: 167
Hi Margie:

This is Linda Rasche trade that looks to enter a trending market on a pullback.

Use the following indicators:

14 period ADX
20 period Exponential Moving Average

You look for the ADX to rise above 30, which would indicate a trending market, and then look to enter on a pullback to the 20EMA. The minimum objective is a re-test of the recent swing extreme. The price more often than not exceeds the re-test though.

Note that many times in a strongly trending market, you will not get the full pullback to the EMA, or the market may move sideways until the EMA catches up.
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  • BruceM
  • 8-Jan-2009 at 10:55 AM
  • Rep: 216k
  • Posts: 19.9k
s 03.25...I may be early on this,
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  • Margie
  • 8-Jan-2009 at 10:56 AM
  • Rep: 94
  • Posts: 364
ty pdq
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  • BruceM
  • 8-Jan-2009 at 10:59 AM
  • Rep: 216k
  • Posts: 19.9k
taking 901.25 and pullin up runners
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  • Maria
  • 8-Jan-2009 at 11:00 AM
  • Rep: 0
  • Posts: 88
flat again. It doesn't look like a trend day. I'm done for today with a very small profit. GL guys.
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  • BruceM
  • 8-Jan-2009 at 11:02 AM
  • Rep: 216k
  • Posts: 19.9k
flat will try again above 05 area
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  • VOwater
  • 8-Jan-2009 at 11:04 AM
  • Rep: 133
  • Posts: 4,121
i stopped myself @ 2.50...selling again soon
904.25 = 50% IB extension, 908 = 100%
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  • VOwater
  • 8-Jan-2009 at 11:06 AM
  • Rep: 133
  • Posts: 4,121
s early at 4.25
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  • BruceM
  • 8-Jan-2009 at 8:53 PM
  • Rep: 216k
  • Posts: 19.9k
Send a check or money order for $6,995
to

BruceM
c/o Mypivots
OU812 Louie Boreselino Blvd
Chicago, Il

**the first 100 orders get a years supply BruceM's famous Darlings of the Dow stock picks....guaranteed to drawdown any portfolio!!


or read page 33 of this thread for faster results
/
quote:
Originally posted by vast524

Were do I get one of those crystal balls from Bruce?
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