ES SRs and Fibs for 11/17/11


Below is a 60 minutes chart with the S/Rs for night and day traders.
Above 1233.75 I will be buying and focusing on uptrend.
if, below 1229.25, I will be selling and focusing on down trend.

Notice that in the chart there's a wedge and the measurement objective is down at 1205.00. Will see if it give it to us.

Later I will post the follow up chart for the 11/16/11 sessions. I try to play both sessions but by 14:00 I was too tire. lol

The market has the last word and in due time will show us the real deal in dollars and cents.-.

Right now, next hours, next days, next weeks, next months and next years to come, I see for you the same I see for my self: Having the very best of luck, fun, awesome, and incredibly profitable trading experience!!

Click image for original size
sp 500 es 60 minutes 111611 for 111711 before the fact chart
Man! hit my stop again! Will try again
Originally posted by sandoxe

Stop at B.E. now. objective 1220 O/N low and possibly lower, will if give it to us
1200 low tick. No good for down side at list for next 10 minutes or so
nq is so weak,it should drag es to 1220
LOL wow 1224 short!
Moved my stop to fast last time. Back to B.E. see what happen
Now trading 1219.25 12:32
Originally posted by sandoxe

LOL wow 1224 short!
next 1215 and 1210 supprt
took one at 1216.25, stop at 1216.25 for the other one.

Support coming in at 1208, and 1205

now trading 1211.00 12:40
Hit that support and bounced like it hit a concrete floor! lol

Out on rebound 1211.25 now trading 1213.50 12:43
Time for some delicious lunch hmmmm
should not take out 1220. one more low is there for a short
Thx DT. In the world of trading, votes are the list of my concerns.
I do need it to clear that up today. People are going to come with "their secrets" But what they don't know is that in the trading industry, there no secrets. I assure you it has being done before!
But new people don't know that, and they are gullible and they think that that's the magic bullet LOL Till they own it and find out that it was not!

I love what is taking place, so much learning, in every direction...........

Thank you again DT.