ES Short term trading 4-20-10


I'm selling anytime we go above 1201 in overnight and day session untill the low volume at 98.75 - 97.75 fills in...this is also the 50 % O/N range which has been a huge target lately

Obvious keys are the ONH at 1202 which is near the R1 today ( nice volumje up there) and up at 1206 - 1207 we have weekly and daily PV numbers....

Down below we have the 94 - 95 which goes well with the weekly PV and the O/N low
Originally posted by i1hunter

Trying again. long 1202.50 she is gonna run stop 1201.50
stp B.E
Originally posted by i1hunter

Originally posted by i1hunter

Trying again. long 1202.50 she is gonna run stop 1201.50
stp B.E
see if overcomes today's high. Moving stp to 1203.50
YM is even further off it's high as ES pushes out of overnight...I need to stay short up here...if I'm wrong then they will go for that 1206 and 1207 that everybody has their eyes on otherwise they'll clean up 1201.50 and further now
+ 1.00 for my efforts
Originally posted by i1hunter

Originally posted by i1hunter

Originally posted by i1hunter

Trying again. long 1202.50 she is gonna run stop 1201.50
stp B.E
see if overcomes today's high. Moving stp to 1203.50
won't like a 3:30 close above that 1205 number
based on the efficiency of the market I'm trading to get that 1202 number filled in...here is the chart that shows the low volume at 1202 in between those higher volume areas,,,,working the 1207.25 and this is rare that I have trades working at this time....weekly pivot has been fulfilled as well as the leftover on R2 from the day session up at that 1208....new highs will take this trade out for me..at 1209.50
Click image for original size
tuesnight
I closed this out at 1207.50...perhaps in the morning we will get a better trade