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I saw your PM. You asked a lot of questions. Give me the weekend and I will respond.

Go to CBOT.com and you can get all you need and more.

I am still trading the March contract into 118'03. I probably should have adjusted my numbers for the front contract. Little confusing sorry. I will update on Monday.

Downside target was hit overnight at 1354.50 on the ES. Unfortunately, I was flat and asleep. Figures. YM has made a low 12450 so far. I would watch carefully for a strong move up out of the 1350 area on the ES. It is certainly critical. I am betting that we may see a big upside move...

YM Target 12,750 Now using 12572 as pivot. Target 12.420 ES Target 1368.75 Now using 1367.25 Target 1354.50

I took a short position at 117'05.5. I will reverse if necessary. Going to give it a little time to build value.

Based on the price action this morning, I am going to cover both trades and stand aside until 3:30 or so. Covered the ES at 1365. Up 22.75 points. Covered the YM at 12550. Up 125 points. I will frequently sit out the afternoon session until the 3:30 time frame to make sure the...

I trade on Globex only. My levels can change everyday. What I will do is watch if price moves into 117'05. I think shorts first, but will reverse at this key level to long if price settles above. I will then target 118'03. I hold trades as long as it takes or as short as it takes to reach...

Here's what I am watching for the TY today. 118'03 - Topside Target if 117'05 does not hold 117'05 - Looking to set shorts at this level. 115'28.5 - Current downside target

Here's where I have the YM for today. 12835 - Long target 12750 - Cover on a move and settle above and go long I am short at 12675. 12420 - Current short target. I will watch carefully for a reversal out of this level. Could be a very strong move up. ES 1542 - Current long...

Here's where I have the YM for today. 12835 - Long target 12750 - Cover on a move and settle above and go long I am short at 12675. 12420 - Current short target. I will watch carefully for a reversal out of this level. Could be a very strong move up. ES 1542 - Current long...

I used to try and day trade the indexes. It is a tough game to play. I only position trade now and results are much better. Good luck. Looks like you are doing okay to me.

Both of these targets were hit. I am using 12,675 as a pivot. If we hold above I will set up longs to 12,836. If it does not hold, look to set shorts back down to 12,420 If this does happen, I will set long for a strong move up again. Numbers for the ES are 1542 1387 - Using as a...

The media always has a reason for what happens in the markets. What really happened was that that both the DOW and the SP were at key levels. That's why the bottom could not be broken. I suspect that instituitional or hedgies started to buy at 3:30 as they had planned all afternoon. What made...

Long EURUSD @ 4490. Target for now is 4830. Will reverse if warranted.

Here are my levels for Friday. 12,675 12,423 12,363 12,271 eclose 12,184 - Hold long above 11,797

No just went with the flow below the level and reversed. It's sort of like taking small losses to get in position and then (hoping) you are right on the directional move to make up for it. It is hard to develop the discipline to regularly reverse though.

Trading Day 2/8

No still holding long at 12,280 for the big move up. Also have some longer term positions on at 12,350 from Jan 17 or so. Might need the gun though if the bulls don't win.

Whew!!!!!!!!!!!!! I need a drink. Maybe we will close at 12423. That's only 200 points in the next 30 minutes or so. Should be a piece of cake.