ES Friday 9-16-11

ES finally moved above 1198 and in it's way to 1250.
The numbers posted last night worked well today, with the ES closing in the 1202 objective area.

For tomorrow, Friday, Sep. 16, I have the following:


Buy above 1208.75
with 1212 / 1218 / 1224 / 1229 / 1235
as outside objectives.

Sell below 1203.00
with 1198 / 1191 / 1181
as downside objectives.

Will see how the above numbers works out in the night and day session.
I usually keep my protecting stop between 1 and 3 pts, (Your call)

The above numbers work best from S/Rs and Fibs.

Will see, in due time the market will show us the way.

Good luck and good trading

yep if I didn't have a stop I would be positive now but what if we didn't turn around :) so i always play with a stop that's my risk if it gets taken out so be it

I will try a buy at the VAH 1201.50

will add at 99.50

1214.5-1209.25 gives a full KT projection of 1200.75

good morning
bruce was the footprints confirming the dry up of up side ??

out +1 got be back even

prest you got a 1195 15 min projection ??

got 1194.75 as a 5 min too and that was overnight lows.
Poking a long there for a patient swing

i do have a full proj there (14.5-7.0 move)

Originally posted by palmer

prest you got a 1195 15 min projection ??

Originally posted by palmer

prest you got a 1195 15 min projection ??

Sorry Palmer. I was away for a break. I do not use 15 min projections so I didn't have that. I do have 1197.5-1201 giving a full of 1206.75 though.

Market Profile Single Prints summary for today for ES Z1. There was a single print from 9/1 at 1205.75 which would have been a short price if we had opened below it. Because we opened above it was considered filled.

The market created a single print in the F bracket today at 1205.25 which would have triggered a short when the market moved back up to this price which would have been stopped out for a 4 point loss.