ES 12-11-09


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  • koolblue
  • 11-Dec-2009 at 6:56 AM
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  • koolblue
  • 11-Dec-2009 at 11:31 AM
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now you never know what the path will be to get to a projection and since im a very short term scalper, i do a lot of entries and exits at those 1.618 numbers. they generally get hit fairly quickly and some times thats all you get and then the market rises or declines enough to negate the original projection. also i use some (probably not enough!) common sense! i look at the technical indicators like stochastics to see if we are in fact overbought or oversold as we touch a 1.618 or 2.618
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  • koolblue
  • 11-Dec-2009 at 11:42 AM
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BTW, Thats an excellant strategy Einstein. I switch around , but lately ive been looking at the 13 min (pretty much the same proj. as the 15 min deadly) and watch the 5 min for overbought oversold conditions, and the one min as we get real close or to find my bare bones itty bitty proj. to exit after entering a trade. ... for instance heres how i see the 13 min numbers...
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  • koolblue
  • 11-Dec-2009 at 11:46 AM
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ok now i look at my 5 min...
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  • koolblue
  • 11-Dec-2009 at 11:47 AM
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And we have a bingo! im long 2 from 1106.50 (perfect hit at 1106.25!... now watch the reaction
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  • koolblue
  • 11-Dec-2009 at 11:52 AM
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...SEE THE REACTION ..I M UP A HUNDRED BUCKS JUST WHILE TYPING THIS POST!LOL
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  • koolblue
  • 11-Dec-2009 at 11:56 AM
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CLASS DISMISSED ..FOR NOW!
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  • koolblue
  • 11-Dec-2009 at 12:02 PM
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  • koolblue
  • 11-Dec-2009 at 12:04 PM
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TONS OF VOL AT 1099 AND 1099.25 SO IM JUMPING AT 1098.75 HOPEFULLY...
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  • koolblue
  • 11-Dec-2009 at 12:09 PM
  • Rep: 48.6k
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AND VOILA!! out both at 1098.75...plus 2.25 on each es! that my friends was a textbook scalp and exactly how i thought during the process!
... dam hard to post and trade at the same time but i think you guys are truly trying to learn because you already seen the magic! there is no more powerful system in the world IMHO!
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  • koolblue
  • 11-Dec-2009 at 12:12 PM
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THE FEELING I GET EVERY FREAKIN DAY OF KNOWING THE FUTURE IS AN INDECRIBABLE RUSH!... ask VO! MONTHS AGO I LOOKED AT A US DOLLAR CHART (IT WAS AROUND 88 IF MEMORY SERVES) AND STATED THAT THE WEEKLY INDICATED WE COULD GO TO 74.... THE REST MY FRIEND S IS HISTORY! notice the reaction offof that 74 level anyone?
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  • morper
  • 11-Dec-2009 at 5:54 PM
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Thanks for the lessons kool

Morgan
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