ES short term trading 4-29-10


  • 3
  • koolblue
  • 29-Apr-2010 at 6:11 AM
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Click image for original size
649
  • 0
  • richd8980
  • 29-Apr-2010 at 6:57 AM
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Kool, do you play the overnite gap fill or partial fill?
  • 1
  • BruceM
  • 29-Apr-2010 at 7:25 AM
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I'm with you Kool at 96.25...Hopefully great minds....ideal target is 93.50 which is slightly above the LTP and HVP at 92.75..will watch for YM test of 11040 for possible support
  • 1
  • BruceM
  • 29-Apr-2010 at 7:29 AM
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we have the key numbers from mondays LTP and R1 today at 95.75...so the 95 - 97.50 is in play...next confluence level on the upside is 1200-1201.....downside I'm watching the 92 - 93( current O/N midpoint is here too) area as we have LTP and HVP there..I favor selling the rallies on early strength today
  • 1
  • BruceM
  • 29-Apr-2010 at 7:50 AM
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New HTP is 1197 so that number is becoming more important..I'm flat at entry...something I just don't like and reports at 8:30..I think it's the fact that they accepted that LTP and kept rallying from the 93 area
  • 0
  • TraderF
  • 29-Apr-2010 at 8:06 AM
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kind of sucks....i was long at 1184.75 (50% pullback from low to high) and was planning on holding.....but didn't move my default target of 5 pts. A very short time after entering the trade, i heard "order filled". i could have re-entered in globex, but was thinking maybe that was a sign and sometimes globex is flaky.

Anyways, i left a crap load of points on the table for that goof.
  • 0
  • stocksster
  • 29-Apr-2010 at 8:31 AM
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Released on 4/29/2010 8:30:00 AM For wk4/24, 2010


Prior   Consensus   Consensus Range     Actual

456 K   447 K       440 K to 460 K      448 K
  • 2
  • stocksster
  • 29-Apr-2010 at 8:33 AM
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Originally posted by stocksster

Released on 4/29/2010 8:30:00 AM For wk4/24, 2010
Prior Consensus Consensus Range Actual
456 K 447 K 440 K to 460 K 448 K


That was Jobless Claims report
  • 0
  • BruceM
  • 29-Apr-2010 at 8:49 AM
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short 97.50 for the 95.50 test..HVP to LVP
  • 0
  • BruceM
  • 29-Apr-2010 at 8:56 AM
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I'm trading lighter on fades just in case this is a legit breakout from that narrow range yesterday
  • 0
  • BruceM
  • 29-Apr-2010 at 8:59 AM
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and nice call to you folks that were expecting the higher prices
  • 0
  • redsixspeed
  • 3-May-2010 at 2:16 PM
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Originally posted by redsixspeed

Originally posted by redsixspeed

Maby EOM profit taking tomorrow; then back up next week...
..



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Looks like the first part; profit taking; is right on.

We'll see if we go back up next week, maby start back
up in the globex session Sunday

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Well they took their profit and went right back up..lol.
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