Search results

  1. E

    Professional Day Trading

    WED - 12-01-2010 (OVERNIGHT - OPEN) MACRO - On the daily charts, price will either break above 1200, and this should mean price was rejected moving back into the daily 1200-1050 bracket and is heading much higher, or it will swing below 1171 and start the move 1120. The short term...
  2. E

    Professional Day Trading

    TUES - 11-30-2010 - (DAY SESSION PART 2) SUMMARY - At 10:00 price makes deep C3 buy pullback to the key 1180 area. First move-first retrace analysis maintains a long bias in what turns into a intra-day chop area, and the first price-volume long entry during chop develops in the 1180 area...
  3. E

    Professional Day Trading

    You may be right, especailly if price holds below 1180, however the mechanical trend I follow doesnt turn down unitl 1176 area is reached, so I won't be looking for shorts until then...
  4. E

    Professional Day Trading

    TUES - 11-30-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gapped down and offered an early price/ volume sell to test the overnight lows in the key 1175-1171 support area (take quick profits), followed by a price/volume counter-trend longs at 8:45, 8:55 to move up to the...
  5. E

    Professional Day Trading

    TUES - 11-30-2010 (OVERNIGHT - OPEN) MACRO - On the daily charts, price will either break above 1200, and this should mean price was rejected moving back into the daily 1200-1050 bracket and is heading much higher, or it will swing below 1171 and start the move 1120. The short term...
  6. E

    Professional Day Trading

    MON - 11-29-2010 - (DAY SESSION PART 2) SUMMARY - Price formed classic intra-day chop between 1180-1175 which meant to look for a powerful breakout. There were a few minor trade opportunities early in chop (price volume pullbacks after highs and lows were tested -10:39 sell, 11:04 buy), but...
  7. E

    Professional Day Trading

    MON - 11-29-2010 - (DAY SESSION PART 2) 10:30 UPDATE - Price moves up to 1180-1178 resistance and this is a classic example of how to use the big picture first, mechanics second. This deep pullback area is not C3 sell because we have major 1175 area support below. However it's not a new...
  8. E

    Professional Day Trading

    MON - 11-29-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gapped slightly lower, held 1185, and moved down to 1175 as expected, and probed the major support area between 1175-1171. As long as 1180-1178 resistance area holds bias stays down, and we will see if 1171 can...
  9. E

    Professional Day Trading

    MON - 11-29-2010 (OVERNIGHT - OPEN) MACRO - On the daily charts, price will either break above 1200, and this should mean price was rejected moving back into the daily 1200-1050 bracket and is heading much higher, or it will swing below 1171 and start the move 1120. The short term...
  10. E

    Professional Day Trading

    TUES - 11-23-2010 - (DAY SESSION PART 2) SUMMARY - In line with early trend day conditions price found pullback to swing resistance near 1183, and then worked to new intra-day lows and down to the 1175 area. The two hour rally that developed from 10:30-12:30off 1175 with strong volume...
  11. E

    Professional Day Trading

    TUES - 11-23-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gaps lower below 1200-1185 range, makes a brief first move up to 1185 resistance, and then continues lower to maintain a down mechanical bias from the open throughout the first hour. Once tight three day 1200-1185...
  12. E

    Professional Day Trading

    TUES - 11-23-2010 - (OVERNIGHT - OPEN) MACRO - This week starts with focus on the 1200-1050 daily bracket. A breakout above this bracket appears to have been rejected, and this will be confirmed if 1206 resistance holds, and a new swing low below 1171 takes place. This could mean an...
  13. E

    Professional Day Trading

    MON - 11-22-2010 - (DAY SESSION PART 2) SUMMARY - After an intra-day trend reversal up, price offered some nice long trades and moved higher back into the 1206-1193 bracket. Look for a push to 1206 with intra-day high at 1197.50 as first target today. Going forward, monitor 1200...
  14. E

    Professional Day Trading

    MON - 11-22-2010 - (DAY SESSION PART 2) 1:30 UPDATE - A set up to enter short never developed in the 1190-1188 deep pullback area, and the intra-day bias is now up. Look to trade with long bias for rest of session in line with standard volume confirmation and uptrend intra-day structure.
  15. E

    Professional Day Trading

    MON - 11-22-2010 - (DAY SESSION PART 2) MID-DAY UPDATE - After retracing past 1193 price works its way down to 1180 target as expected (1182.50 intra-day low) offering nice E=MC2 sell setups along the way... Trend day conditions in place. Look for trend day pullback (1188-1190 area) to...
  16. E

    Professional Day Trading

    MON - 11-22-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gaps lower to key 1193 area and a nice fade the gap long trade develops back to the 1200 area during the first move of the day up. A normal retrace of the first move (above 1193) will keep the intra-day bias up to...
  17. E

    Professional Day Trading

    MON - 11-22-2010 - (OVERNIGHT - OPEN) MACRO - This week starts with focus on the 1200-1050 daily bracket. A breakout above this bracket appears to have been rejected, and this will be confirmed if 1206 resistance holds, and a new swing low below 1171 takes place. This could mean an eventual...
  18. E

    Professional Day Trading

    Haha.... I think it would be more appropriate if you said: trader, educator, and communicator....:) But, like I said, I understand the skepticism in this industry. I've experienced more of the negatives than I'd like to admit, and my goal was to go in a much different direction than...
  19. E

    Professional Day Trading

    Max, I honestly wasnt trying to anything sleath because I listed the book ahead onf time, one time, in what looks like a book/education section, hence Im not trying to hide anything And, as I continue this thread, Im actually trying to provide real information that can be of use with, or...
  20. E

    Professional Day Trading

    Of course I listed the the book to start the thread. The name of the forum is EDUCATIONAL RESOURCES The description of the thread is: "Talk about the resources available to traders such as books, videos, seminars, web sites, chat rooms, advisory services, etc......" Therefore, I am...
Back
Top