ES Short Term Trading 01-03-2011


Let's get this party started. Here is a volume profile chart with HVN (green) and LVN (red) drawn on the run up of december but not including todays action so we can see what lies down below.


Click image for original size
30minmp01032011
Time expired. Lunch will be over at 14:00. Will let the 1269.00 voiding point be the judge.

Either 1274.00 or 1269.00

ES trading 1271.50 @ 12:42
Click image for original size
1017
..ORDER TO EXIT IS CONSERVATIVE AT 1269.50
Click image for original size
1018
shorted 71.50...looking for gaps on one minute to fill and hopefully with some luck a retest of HV push of 68.25...69.50 are the gaps!! poor volume still.....trips trying to form below now too...
ES will need to move above 1271.75 for the 1274.00 to have a chance.
Moving below 1269.00 will target 1267.25 and possibly lower.


ES trading 1269.25 @ 14:30
67.75 is final exit and 50 % back but IF I had more ammo, I would be thinking long term with this key question in mind:


How often and how far do we go when we GAP in RTH above last years HIGHS in the following year? So I'd be looking for a retest of those highs from last year and very soon...Longs beware...it may not happen today but it WILL happen!!
out as posted and happy!
here it is!1266.50 is the short term projection...see above chart
those of us with our short goggles on want to see the 3:30 close below the hour highs and hour close...6 minutes to go to see if longs have any power left..
while I don't like initiating at this time of day, those of you left with runners may want to try for the air pocket above 64.25 ASSuming they don't bring it back out of the hour high once more

that 68.50 is the volume surge ( one minute)from earlier so that needs to be repelled some more
I hit refresh in my browser and it didn't show my recent posts...only showed the first two pages of this thread....never updated to see a third page...strange....
Originally posted by day trading

Originally posted by BruceM

anyone else having forum refresh problems??

What were the problems?