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    Best stock as we head into the holidays?

    No... I said I would be a buyer at $24 over 3 months in advance... It only makes sense they have good earnings once they reach my buy zone.
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    Can you read a chart?

    Weak longs washed out on the move down that made new lows, all amateur traders went aggressive short with stops above the most recent highs. Bigs rode it up stopped out the shorts and sold into the breakout longs. All is left now is sell stops below the market and no buying demand except for...
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    Can you read a chart?

    I would like to see some more previous data but.... LONG after a few ticks down from the end of that bar for a quick bounce , a consolidaton and possibly another leg down. Or another sharp move down to retest the lows
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    Natty Gas

    Ya, nat gas finally perking up. Just be careful have a nice resistant zone just above the market that can send it back to 7.00 in a heartbeat in 8.019-8.184 area. Overall, this is market is very oversold on a longer time frame and could continue higher but I am looking for shorts in that area...
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    Can you read a chart?

    Do another one.. I didnt see the post until after the fact.
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    Do you prefer YM or ES for scalping?

    If the ER is to big for your account size you might want to rethink daytrading futures. Tackle the er2, its probably one of the hardest markets to daytrade consistently but it is also the most rewarding imo. If you can make money in the er day in day out you can trade any market. I wouldnt...
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    ES Journal Archive (2006 - 2008)

    High of day in QM 57.075 2 ticks above 57.025...... lol
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    ES Journal Archive (2006 - 2008)

    It took a little while, but what do you expect with nobody trading...
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    ES Journal Archive (2006 - 2008)

    The crude chart is beautiful. Perfect 5 wave that hit the projected completion to the tick. Watch that 57.20-25 area on qm.... watch it reverse to the tick immediately.
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    ES Journal Archive (2006 - 2008)

    ya nice rally in crude. I doubt the qm goes 2 ticks over 57.035 today.
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    ES Journal Archive (2006 - 2008)

    Es may drag the er up ya. I am still in the money though. No pain I will take a 1 pt loss. Missing my 5.5 profit target by a point..... thats the hard part
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    ES Journal Archive (2006 - 2008)

    This retest here at 1430.50-.25 is crucial. Ya I know I am late, I am stating for a larger move.
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    ES Journal Archive (2006 - 2008)

    Es just hit 1429.25 which is local support. Could get a move to the upside now to retest the highs of the day or even higher.
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    ES Journal Archive (2006 - 2008)

    Just thought I would post what I am trading in the er2. Possible may have completed another 5 wave move in a corrective wave. minimum profit target is 796.50. Holding short runners until 794+
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    ES Journal Archive (2006 - 2008)

    I agree, bias definately upward. Just need some volume to break it out up to R1
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    ES Journal Archive (2006 - 2008)

    Here are the zones I am looking at for today. Minor R and Minor are the intial zones above and below the market. They are fairly weak at this point and should be mainly used as a role reversal. Second zone above the market 1435.50-1437.50, R3 is 1441.50-1442.50. Support zones below the...
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    ES Journal Archive (2006 - 2008)

    Just wrapping up the day. Today called for a range reducton day which was the case. Called for a test of minor S in the first 15-30 minutes or the zone was canceled. This did not occur and the other scenario of a DT occuring in R1 was the case. On the third test of R1 it ran the stops and...
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    ES Journal Archive (2006 - 2008)

    It can test fridays low now if it wants. I still think its got antother push up first.
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    ES Journal Archive (2006 - 2008)

    Most likely move up 1427.50-1428.50. That is now local resistance
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    ES Journal Archive (2006 - 2008)

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