ES short term trading 1-13-11


  • 3
  • koolblue
  • 13-Jan-2011 at 5:25 AM
  • Rep: 48.6k
  • Posts: 16k
I remain bullish untill the market tells me not to! But...
Click image for original size
1047
might want to keep an eye on Demarks pivots today
  • 0
  • koolblue
  • 13-Jan-2011 at 5:26 AM
  • Rep: 48.6k
  • Posts: 16k
remember to click on the chart twice to see the whole thing!...c ya!
  • 1
  • BruceM
  • 13-Jan-2011 at 8:06 AM
  • Rep: 216k
  • Posts: 19.9k
many times when we have a big move on the day before a report, the day of the report is fairly lifeless.....either we we may expect some consolidation....one of those sell the rallies and buy breaks after trend day ....at least early on...I'm hoping for a gap higher open again today to look for sell...thanks for all the great charts you have been posting since the new year kool!!
  • 2
  • Lorn
  • 13-Jan-2011 at 8:20 AM
  • Rep: 16k
  • Posts: 1,406
Developing profile for the week. HVN (green), LVN (red) marked. How long will that gap remained unfilled?


Click image for original size
30minmp01132011
  • 0
  • dubhasa
  • 13-Jan-2011 at 8:21 AM
  • Rep: 40
  • Posts: 7
Thanks Koolblue. Great chart.
BruceM,
Do you give any importance to extraneous events link POMO schedule, Bernanke's appearance somewhere etc?
  • 0
  • optimusprime
  • 13-Jan-2011 at 9:13 AM
  • Rep: 1,350
  • Posts: 147
there is a lot of AIR under pricing right now, i would like to see the market cover the gaps down at 1270 before moving forward. we really don't have any quality market structure to support this price level in my opinion. i am short @ 83.00 looking for a 77.50 target on the open.
  • 2
  • Lorn
  • 13-Jan-2011 at 9:27 AM
  • Rep: 16k
  • Posts: 1,406
Here is the O/N profile going into RTH.


Click image for original size
onprofile01132011
  • 0
  • BruceM
  • 13-Jan-2011 at 9:32 AM
  • Rep: 216k
  • Posts: 19.9k
as long as we don't get a thirty minute close under the O/N low then we will get gap fill up......My prefered trades are to sell the first rally up today as long as we go above the close of YD...81.50 is a strong magnet to be leary of or to use as a target
  • 0
  • BruceM
  • 13-Jan-2011 at 10:07 AM
  • Rep: 216k
  • Posts: 19.9k
long off 78.50...trips from YD is critical now
  • 0
  • BruceM
  • 13-Jan-2011 at 10:14 AM
  • Rep: 216k
  • Posts: 19.9k
gheesh... I can't even get that air pocket above yet....
  • 1
  • BruceM
  • 13-Jan-2011 at 10:23 AM
  • Rep: 216k
  • Posts: 19.9k
market seems to be trying to firm up...I'm not the best buyer of the market though...perhaps wishful thinking on my part..just give me that air !!
  • 0
  • optimusprime
  • 13-Jan-2011 at 9:25 PM
  • Rep: 1,350
  • Posts: 147
sorry i'm late with this but here's the chart i was trading off of this morning and how i came up with the 77.50 target.
Click image for original size
es 03 11 1132011 30 min
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.