ES Friday 1-16-15


Here are the bands for today. We hit the lower 1 SD band based on 365 days YD

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iv011615
u need to decide if we are trending...here is a picture
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thirtyminute2
here is a weekly volume chart. we hit a LVN and that probably explains the pull back. could definitely push higher to the greenies that Bruce pointed out but looks like we are filling in some volume here now..

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weeklyvolume0116
thanks for the charts, the comments and so on Bruce...appreciate it.....and keep up the good work newkid
if you look at weekly time then 93.75 is the poc......it will take some volume to push away from there ...perhaps at days end but I keep expecting that area and that POc at 91.75 to be retested
Picture of the weekly time...

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weeklytime0116
look at this picture of my zones... i one would think its easy to make money off of this but only if i knew it would play out this way ahead of time....lol


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tradingwitho n
nice comment APK.......I really admire newkids passion that comes through in the posts and we all need great words of encouragement....it's not easy posting ones thoughts and trials and tribulations even though we are only names at the end of a wire ( the internet)......I wish more would post the good, the bad and especially the ugly........ugly is great because it helps one improve.......so maybe we aren't really traders .....we should all call ourselves " Managers of Ugly "......if u can manage the ugly then you will win in the markets....
Originally posted by apk781

thanks for the charts, the comments and so on Bruce...appreciate it.....and keep up the good work newkid
my final babble for today...may be of interest to those who are now looking at 30 minute with one minute time on the charts..i want to post this even if I end up being wrong......the point is that these ideas can and should be used with a proper signal...we have now popped up to weekly LVN edge and just below the 2003.50 greenie....I still think there is repair work below but as usual we don't know "WHEN" this will happen...
No video below? Try this link: babbletime.swf






so far a nice clean break fro 2000.5......so I would expect sellers to try from greenie at 2003.5 up to 2005.50 ..probably don't want it too much beyond that ....if you are trying to fade this on a friday....just another reason I don't trade too much outside my window
thank you for the kind words Bruce and apk. I am still learning from you folks...

Originally posted by BruceM

nice comment APK.......I really admire newkids passion that comes through in the posts and we all need great words of encouragement....it's not easy posting ones thoughts and trials and tribulations even though we are only names at the end of a wire ( the internet)......I wish more would post the good, the bad and especially the ugly........ugly is great because it helps one improve.......so maybe we aren't really traders .....we should all call ourselves " Managers of Ugly "......if u can manage the ugly then you will win in the markets....
Originally posted by apk781

thanks for the charts, the comments and so on Bruce...appreciate it.....and keep up the good work newkid

how we look when I merge all the bars that started at 12.30....so 2002 seems to be the line to beat now
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combined