ES 11-12-09

WELL WEVE ALL HAD DAYS WHERE YOU MISS YOUR ENTRY BY ONE TICK , OR WORSE THE MARKET HITS YOUR ENTRY PRICE ,BUT NO FILL!! ,ETC. THANK GOODNESS IT WORKS BOTH WAYS. YOU REMEMBER LATE YESTERDAY, I SAID TODAY WOULD BE DOWN. AND THO A REBOUND TO 1098-99 WAS POSSIBLE,I WENT AHEAD AND SOLD ONE AT 1095.50. REMEMBER ALSO I WAS LOOKING FOR A 1088-89 TARGET,SHORT TERM. WELL, EVEN THO I WAS HOLDING INTO THE GLOBEX SESSION,AND WORK ALL NIGHT UNTILL 6 AM , I INSTINCTIVELY PUT IN A 3 POINT STOP (1088.50) AND PUT IN A EXIT ORDER AT 1090.00. TURNS OUT THEY RAN IT UP TO ONE TICK FROM STOPPING ME OUT (HIGH= 1098.25!!!) , IT THEN DECLINED AS I TOLD YOU IT WOULD RIGHT TO 1089 O/N THE BUTTON! I MUST BE LIVING RIGHT! PLUS 5.5 HANDLES AND READY TO SELL AGAIN LATER!

quote:

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Originally posted by koolblue

ok, i think as you know it wants that 1084-1085 area. but just food for thought ... if todays range was equal to yesterdays, the low would be 1083.25

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deadly = 83.25

120m 50sma = 87

yeah the one min initial move projection is 1087.25 (thats off of the recent 1099 high)

selling

currently the red avg on the 5 min chart is 1092.75 and falling. 13 min is on a sell, and the 5 min chart shows trend is down (3 avgs have crossed)...short from 1090.75

THIS OF COURSE IS THE RED AVG

4th wave triangle or flat

ONE OFF AT 1089.25..PLUS 1.5 THERE...UP 6 O/N THE DAY.

nice day of profits koolio...well done