ES Friday 10-7-11


  • 5
  • BruceM
  • 6-Oct-2011 at 10:10 PM
  • Rep: 216k
  • Posts: 19.9k
Here is the low volume I have marked off from Thursdays trade. The main bell curve will be that 45 - 55 area. There are a few other minor ones ....we still have low volume in the 60 - 63 area. Lets see what the overnight and the 8:30 reports bring.


Click image for original size
thursday001
  • 1
  • BruceM
  • 7-Oct-2011 at 9:23 AM
  • Rep: 216k
  • Posts: 19.9k
apk u r correct but I am also looking what happened on the following day..9-29...so that added a bit of volume to the area...so I used the 68.75...a subtle and a bit tricky thing...another reason high volume is not my favorite

but thanks for pointing that out as it shows u r reading the stuff
  • 0
  • sandoxe
  • 7-Oct-2011 at 9:25 AM
  • Rep: 445
  • Posts: 418
It's important for the ES to close over 1163.00 in a daily basis. if so, next objective is 1190.00. 1190.00 is 09/27 high.
1163 was the S/R objective for yesterday. Now becomes the S/R base to play the out side. Below 1163.00 is 1157.00 also important
to keep in mind.
  • 1
  • BruceM
  • 7-Oct-2011 at 9:28 AM
  • Rep: 216k
  • Posts: 19.9k
My plan for the day session is to start looking for shorts if we trade above 71.50 as that is low volume area ( secondary low volume) in overnight and near that 72.50 - 75 area..

agressive buys would be into the 60 - 63 zone but the buys are better as close to 1160 as possible !!....I am a bit leary of that zone and buying in general today due to the last 3 days of rallies but will try to keep the focus on the signals

after three days of a rally we may get the profit taking day today...
  • 1
  • BruceM
  • 7-Oct-2011 at 9:35 AM
  • Rep: 216k
  • Posts: 19.9k
so far an open and drive down type of opening....so longs need to be much more selective
  • 0
  • della
  • 7-Oct-2011 at 9:44 AM
  • Rep: 550
  • Posts: 588
60.75 is still LV area
  • 1
  • sandoxe
  • 7-Oct-2011 at 9:48 AM
  • Rep: 445
  • Posts: 418
Yesterday, Lisa and Capitalista had a congruent number at 1156.00. Today 1157 is an S/R. So 1156/57 are important. S/Rs to play from, in conjunction with your system's buy and sell signals.

I see for you the same I see for my self: Having a fun, awesome profitable trading day!!
  • 0
  • della
  • 7-Oct-2011 at 9:51 AM
  • Rep: 550
  • Posts: 588
looks like it realy want 55.00 54.00
  • 0
  • della
  • 7-Oct-2011 at 9:51 AM
  • Rep: 550
  • Posts: 588
55.00 wwas HV over night
  • 0
  • BruceM
  • 7-Oct-2011 at 9:53 AM
  • Rep: 216k
  • Posts: 19.9k
trying for 58.75...target is that low volume Della..
  • 0
  • BruceM
  • 7-Oct-2011 at 10:01 AM
  • Rep: 216k
  • Posts: 19.9k
flat 62.75...I mentioned these things this past week...

be right back
  • 0
  • della
  • 7-Oct-2011 at 4:19 PM
  • Rep: 550
  • Posts: 588
HAVE A GREAT WEEKEND
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.