ES Thursday 10-13-11


I know many are getting new charts and becoming familiar with volume profiles. Here is the last two days for reference with the appropriate high and low volume marked off. This way those who are new can compare their charts to this one. Lots of good bell curves to work with once the 8:30 reports come out
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zones
Moving up and and above 1205, will target 1216. But right now is still below the daily trend line. That is bearish to me. Trend line is crossing at about 1195.50. Pivot at 1201.
The only support that is working is the 1190, from 09/27 high.-
Will see.
like a coil 92.50 to 95.50
sitting on top of ant hill from tuesday
in theory we should see 96 as that is the upper part of the low volume zone and we haven't traded in it ....YET!!!!!

like to see them push out overnight lows first
watching 87.00 area see if it comes down to me
buys into our key zone are a bit more agressive because they already tested the 91 high volume after going down below it
moved it u had have a dev on my tick chart
Lisa what do you have in price of VWAP please
My VWAP indicator 1193
thats guy
Below is the 10 minutes follow up chart or "after the fact chart" Today was not my day. After the first trade I knew it was best to stay away. Did one more trade and luckily got stop out at B.E. But, I still lend the market $150.00 for the day.
In trading, you will find, that, no matter what system you have, or how good of a trader you are, there will be days when you are not in the "zone" Those are days that it's better to close shop and go play.......


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sp 500 es 10 minutes chart pivots set up for 10 13 2011 after the fact chart
Originally posted by sandoxe

If the bulls still want to give it one more test to 1216, and possibly 1229 with good spike after that I'm Ok with it. Maybe today and tomorrow.
Below is the "before the fact chart" with the pivots set up for today. I'm buying at 1195.75, just above the daily trend line.
Initial stop at 1192.75.

Will see what the market has for us, and as always, the market has the last word and in due time will show us the way.

I see for you the same I see for my self: Having the best of luck and fun, awesome profitable trading day!

Click image for original size
before the fact chart sp 500 es 10 minutes pivots set up for 101311