ES short term trading 1-28-11


  • 3
  • koolblue
  • 28-Jan-2011 at 9:01 AM
  • Rep: 48.6k
  • Posts: 16k
If you refer to yesterdays 9:16 post showing the projection off of the low, and the 9:36 post also i refer to the 1298.50 level.. it should come as no surprise that once again we just made a marginal new high at 1298.50 .. currently short from 1298.25 trying for 1295.50.... beyond that,my analysis of the last few days and weeks APPEARS TO BE IN FORCE, SO I WONT RE- HASH IT TODAY. The upper channel line i showed yesterday looks to be around 1301.50 currently. Still looking for sideways to up thru tues next week!
  • 0
  • BruceM
  • 28-Jan-2011 at 11:37 AM
  • Rep: 216k
  • Posts: 19.9k
weekly open in 79 - 78 area.....so we may see a bit of a rest...
  • 0
  • koolblue
  • 28-Jan-2011 at 11:41 AM
  • Rep: 48.6k
  • Posts: 16k
I'LL LIKELY TAKE ONE OFF AS CLOSE TO THE 5 MIN PRC MEDIAN LINE (1282.75) AS POSSIBLE .. one min is 1283.00...only up 2 handles, so i have to be careful here!
  • 0
  • koolblue
  • 28-Jan-2011 at 11:52 AM
  • Rep: 48.6k
  • Posts: 16k
2 point stop hit... loss of 4 total..ugh.. now down 2 on the day!... watching for re-entry long!
  • 0
  • koolblue
  • 28-Jan-2011 at 12:02 PM
  • Rep: 48.6k
  • Posts: 16k
last try... buying 1274.50
  • 1
  • BruceM
  • 28-Jan-2011 at 12:03 PM
  • Rep: 216k
  • Posts: 19.9k
just not convinced this is the final flush bar but the fact that they didn't get that noon close BELOW the weekly low may be good for those agressive enough to take a long in here.......preferable take the long below the huge volume bar low

I'm just watching now..Nq's down 61 points .....so I'm personally not fading or trading now...and good luck if you are!
  • 2
  • koolblue
  • 28-Jan-2011 at 12:04 PM
  • Rep: 48.6k
  • Posts: 16k
beyond that looms 1268.75 or so
  • 1
  • BruceM
  • 28-Jan-2011 at 12:08 PM
  • Rep: 216k
  • Posts: 19.9k
that last fully completed 30 minute bar was the highest volume bar of the day and after a trend that often will signal the pause at least..so those who hit the buys under the 76 low seem to have a good trade....

Lets hope it keeps going for ya kool....I was chicken!!
  • 0
  • Lorn
  • 28-Jan-2011 at 12:08 PM
  • Rep: 16k
  • Posts: 1,406
Hey Kool,

Something I notice on days like this, when prices seem to hit the 4.236 projections in a certain direction over and over gives added weight to being patient for the proper zone...

Any thoughts?

Originally posted by koolblue

beyond that looms 1268.75 or so

  • 1
  • koolblue
  • 28-Jan-2011 at 12:10 PM
  • Rep: 48.6k
  • Posts: 16k
Click image for original size
1123
  • 0
  • BruceM
  • 28-Jan-2011 at 12:11 PM
  • Rep: 216k
  • Posts: 19.9k
Unfortunately I am Lorn...between The vibrations of my snow blower and the beatings I take sledding and learning that dang snow board...


Originally posted by Lorn

??

Having wrist problems again Bruce?

Originally posted by BruceM

weekly pivot at 82 ....and weekly open below that near 79...too hard to typwe now

  • 0
  • BruceM
  • 29-Jan-2011 at 10:37 PM
  • Rep: 216k
  • Posts: 19.9k
A PICTURE IS WORTH A THOUSAND WORDS...I thought your chart looked "clean"..thanks for posting it
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.