ES short term trading 4-27-10


  • 1
  • koolblue
  • 27-Apr-2010 at 6:12 AM
  • Rep: 48.6k
  • Posts: 16k
Well yesterday worked out almost as expected. Up early to 1215.75(1216.75), then down to 1210 area... but then the bulls couldnt push it up. We will likely see 1203.50 and possibly all the way to the 4.236 ratio.But after that we should push into the 1224 target zone (maybe tomorrow, maybe thurs.?)
Click image for original size
632
  • 0
  • richd8980
  • 27-Apr-2010 at 9:13 AM
  • Rep: 10
  • Posts: 50
Im long with you Bruce however at 1212.25 looking for a partial gap fill
  • 0
  • richd8980
  • 27-Apr-2010 at 9:14 AM
  • Rep: 10
  • Posts: 50
I mean 1202.25
  • 0
  • richd8980
  • 27-Apr-2010 at 9:42 AM
  • Rep: 10
  • Posts: 50
looking to get out at 04.25
  • 0
  • BruceM
  • 27-Apr-2010 at 9:42 AM
  • Rep: 216k
  • Posts: 19.9k
1204 is my best so far..ON midpoint looms
  • 0
  • richd8980
  • 27-Apr-2010 at 9:46 AM
  • Rep: 10
  • Posts: 50
out, could have gotten better fill caught some heat
  • 0
  • BruceM
  • 27-Apr-2010 at 9:48 AM
  • Rep: 216k
  • Posts: 19.9k
flat at the 1205 print...05.25 is Low Time Pice..careful!!
  • 0
  • BruceM
  • 27-Apr-2010 at 9:52 AM
  • Rep: 216k
  • Posts: 19.9k
classic trade...well done Rich..
  • 0
  • richd8980
  • 27-Apr-2010 at 9:57 AM
  • Rep: 10
  • Posts: 50
Bruce nice call you got almost all of it
  • 1
  • BruceM
  • 27-Apr-2010 at 10:13 AM
  • Rep: 216k
  • Posts: 19.9k
Almost Rich...that's one of the reasons I'm starting in the overnight but let me clear up something...I set up zones and will go in or out with market orders....so my sell on the "1205" print does not mean a fill price there....I don't want anyone to think I'm buying or selling .25 points off highs and lows consistently because I am not..


Originally posted by richd8980

Bruce nice call you got almost all of it
  • 1
  • BruceM
  • 27-Apr-2010 at 10:21 AM
  • Rep: 216k
  • Posts: 19.9k
I haven't followed the Overnight (ON) prices in relation to the numbers we create off just the RTH session for too long although I've been aware of the obvious O/N Highs and lows for years.

I have a new found respect for the O/N and am working hard for new ways to capitalize on it. If you have any observations regarding the O/N or anything then please feel free to let us know about it and thanks for the input
Originally posted by TraderF

Bruce, regarding the O/N areas......seems like the last few months is has been mute but back when we had more range on the daily, the globex typically had a 8-10 range and would generate some pretty good entries before reg open. it was almost like clock work that it would align in a good zone at 7:45E
  • 0
  • BruceM
  • 27-Apr-2010 at 10:28 PM
  • Rep: 216k
  • Posts: 19.9k
Lots of confluence in that 89 - 90 area...I hope it keeps going up in the ovenight for you Leo...
Emini Day Trading / Daily Notes / Forecast / Economic Events / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Mortgage Calculator / Donate

Copyright © 2004-2023, MyPivots. All rights reserved.