ES Short Term Trading 8-2-2010


Range Based S/R for Monday August 2.

R1 = 1108.50
S1 = 1078.50
R2 = 1113.50
S2 = 1073.50

Steenbarger Pivot = 1095.875
Thanks Lorn...I have 1108 - 1110 as first big resitence...Thinking about selling this 1107 in ON

other key numbers


1096

1090

1085.75 ***** gap in data as per Tic data
You can see 1107.75 is fib projection from Friday's last low.


Click image for original size
es 09 10 812010 5 min
Hi Lorn!

Are you using NT now instead of TS?

Good Projection btw! It also filled the Air pocket
Good job Bruce! 1107!

Originally posted by BruceM

Thanks Lorn...I have 1108 - 1110 as first big resitence...Thinking about selling this 1107 in ON

other key numbers


1096

1090

1085.75 ***** gap in data as per Tic data
Hey!

I use multiple accounts and charting platforms. Ninja is one of them as is TS.

Yea, air pocket filled so I see!

Good trading.

Originally posted by NIGEL68

Hi Lorn!

Are you using NT now instead of TS?

Good Projection btw! It also filled the Air pocket
Click image for original size
984
short on the 1111.50 in O/N...volume building there and a long way to go before RTH opens....

General idea for RTH will be that 08 - 10 cluster...if we can hold above that then they will try for up at 1117 - 1118....otherwise we need to watch for the downside trade if we get below there in RTH


I'm looking for failure up here to target the low volume at 09.25 and 1107.75... in O/N
flattened this at 11:50.....going to wait for rth as my O/N track record is poor for trade initiation...hopefully this volume node that is building will hold into RTH...then we can use it and the O/N high as a filter to see if it becomes s/R.....

next upside zone is really the 1115.50 - 1118 area...
Hey Kool...how do u determine which time frame to use ? I see some use the one minute, the 5 minute...the key 15 minute, the 30 minute and you just posted the 120 minute....


The question is really this : How do we decide what time frame to use so we don't have too many levels to look at ? What should MOST use who want to try and hold for longer term moves ? My eternal quest..! !
you freakin asshole.. if you follow my work at all i explain it as i go.. i basically call turns all day long ..in advance not after the fact! and have for 2 years. The gross misinterpetation of my work is areflection of your jealousy and /or ignorance. Its because of idiot replies like this that im thru with mypivots!