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watch for a bounce in the es right here at 1420.25 -1419 to once again move to new highs. If it breaks below 1418 it will be significant.

This still stands... hopefully we get up there tomorrow with the FOMC. I probably will not throw out a freight train order during the FOMC heh.. most likely wait for retest if it gets up there.

patience.... but ya if ES DT's here I probably wont get my entry... Id rather just get the next trade then add extra risk.

market is very vulnerable to a pullback here... they probably sucker in some more shorts and run it up one last time into the exhaustion zone... My first profit target will be 3.5 points

Getting short at 800.30 1.5 stop

Er2 running stops at the moment as anticipated above the march 12 highs. More and more confluence coming into the 800-802 area. I will be looking to get short in that area with reduced size due to the nature of the day and the fomc tomorrow.

No problem. I was stopped out ast night at 1416.75 only for the market to drop back down again... You can see how booking the small gains enables my trades to be profitable even though my analysis has been wrong. After doing my analysis I will be waiting for 1430-1431.50 before putting...

There is stuff better out there... keep putting in the screen time.

Post the performance report....

Ya you would think so... I know. With the ES, I cannot get filled on limits unless it trades through my price, even if I was trading 1 lots, it wouldnt matter. I have one of the fast connections to the exchange and have also left an order in overnight only to see it hammer it in the day...

The er2 will eat up accounts in one day for beginners. Some may get lucky and last a week and then one day they will just get absolutely crushed. If you are going to trade the er2 put in at least 100+ hours of screen time and have a strict trading plan. It is a scalpers dream but requires...

Thanks guys Well a nice day to play on the outer extremes and not get mixed in with the range. Still holding short from 1415.50 with one remaining unit with a stop at 1416.75. ES is just treading water with spikes in a range... hope you guys were able to stick on the sidelines. Lets...

Thanks man. I generally trade 3 units per trade. ie for me one unit =15 contracts for er2 and 30 contracts for ES. I always have one unit at the zone, a unit for an add on at a predetermined price and usually a last unit after the zone is showing confirmation. Such as a pullback after...

Prof 1 hit and filled

I will be moving profit 1 to 1411.25 due to support in the area. Prof 2 at 1408 and then trail stop on last unit.

Today is my birthday... this trade would be a nice present from the markets.

yep and now short at 1415.50 with a 1 pt stop to get em back looking for 1410 for prof 1 1405 for prof2 and then letting my runners go to 1400 or lower with a trail stop. They will probably try to pop it up one more time. Therefore if I am stopped out I may reenter if its just a washout...

wash out as expected due to option expiry....... bastards.... would be taking prof1 here at 1415 for a 16 point gain on a 2 pt stop...

For whats its worth... This bull market is closer to the end then the beginning. The trend is your friend until its about to end.

I have been noticing the change in the the er2 for the past few weeks or so as well. Especially on the partial fills and spikes. These broad ranges can be tough. Its been awhile since I have seen 5 point swings in both directions without even a 5 tick retracement. For some reason most of my...