Es - 10/29/03

Very tiring first hour. Probably the toughest 2 pts I've had to make all year. The test of yesterday's high leads me to believe this is going to be a inside or narrow range day. I don't see much energy to go up or down right now. Normally I'd be buying at 1042.00 but I just don't see any buyers moving the market.

Time to do something else for a couple of hours...
 
Draw a down trend line using the HOD on the 15th of Oct and the HOD for the 17th of October and you will see where we sit...so I am not surprised by todays action so far.
 
Quote from funky:

yep....i had no pivot trade at 945. the 1030 pivot held so far....we'll see....

You'd have to use yesterday's highs for the "pivots", i.e., price S/R rather than the calculated pivot levels. That would have been worth 7pts on the NQ.
 
Quote from AMT4SWA:

Sitting at +5.50 pts per contract for 10 ES so far... Today is one of those sleeper days IMO. :)


I'm assuming that's from a buy yesterday? If so, do you hold stuff overnight frequently? It would scare me no end to do that.

jd
 
Quote from JackDaniel:




I'm assuming that's from a buy yesterday? If so, do you hold stuff overnight frequently? It would scare me no end to do that.

jd
Actually...I'm sure that's all from the Short side :eek:

-Fast
 
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