ES short term trading 8-11-10


  • 2
  • BruceM
  • 10-Aug-2010 at 11:01 PM
  • Rep: 216k
  • Posts: 19.9k
Volume numbers I'm using on Wedsneday from the RTH session

1111.25

1114.50

1118.75

We'll confirm in the mornming once O/N session completes.
  • 1
  • PAUL9
  • 11-Aug-2010 at 9:34 AM
  • Rep: 14.9k
  • Posts: 1,170
open minus 5 day average of L versus Open = 1095.80.

will go long 2 ticks above first 5 min high with 1107.50 target, stop Low of first 5minute bar minus 2 ticks.
  • 0
  • BruceM
  • 11-Aug-2010 at 9:35 AM
  • Rep: 216k
  • Posts: 19.9k
small at 95...
  • 0
  • BruceM
  • 11-Aug-2010 at 9:36 AM
  • Rep: 216k
  • Posts: 19.9k
2 off 96.75 ...holding one...think they might test down again
  • 0
  • PAUL9
  • 11-Aug-2010 at 9:39 AM
  • Rep: 14.9k
  • Posts: 1,170
Originally posted by PAUL9

open minus 5 day average of L versus Open = 1095.80.

will go long 2 ticks above first 5 min high with 1107.50 target, stop Low of first 5minute bar minus 2 ticks.


will not make this trade because 2nd 5minute bar undercut Low of first 5min.
  • 0
  • BruceM
  • 11-Aug-2010 at 9:40 AM
  • Rep: 216k
  • Posts: 19.9k
I'd like to see a low volume retest into that key zone at the lows to set up new longs...trying for 98.50 on last here....one minute air fill!!!
  • 0
  • PAUL9
  • 11-Aug-2010 at 9:42 AM
  • Rep: 14.9k
  • Posts: 1,170
looks like trade to play is Bruce's air.
  • 0
  • BruceM
  • 11-Aug-2010 at 9:47 AM
  • Rep: 216k
  • Posts: 19.9k
readded at 95 but don't like that low..targeting gap in data at 96.50
  • 0
  • BruceM
  • 11-Aug-2010 at 9:51 AM
  • Rep: 216k
  • Posts: 19.9k
looks like 96.50 is gonna be our key volume price so far in day session
  • 1
  • BruceM
  • 11-Aug-2010 at 9:57 AM
  • Rep: 216k
  • Posts: 19.9k
still trying for that 98.50 but realize that they need to reject these lows faster.....otherwise 88.50 isn't off the table!..good divergence but those can fool us early on
  • 0
  • BruceM
  • 11-Aug-2010 at 9:59 AM
  • Rep: 216k
  • Posts: 19.9k
longs below current lows wll be tryinjg for 96.50...the volume magnet....until new volume enters
  • 1
  • rburns
  • 12-Aug-2010 at 8:45 AM
  • Rep: 1,896
  • Posts: 383
LOL Bruce I kind of felt the way you did about that post, however I am lacking your diplomacy when dealing with such feelings. I also have suffered in the past with trend days and like you are becoming more able to deal with them. Like you with the ES down 25+ and average range recently at 23-25 Shorting or looking for more downside for the day seems like a very low probability. Standing aside for both of us was certainly a wise move.
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.