ES Journal - 2012

[ammo]

Quote from ammo:

i see the small 123 and the large 1 2 3 but i dont understand what i'm seeing

can you explain the numbering spec,3 lower highs and a drop? what your looking for

 

[trickshot]

S18, 3 pt stop.

 

[gmst]

S 1417.75, stop 1420.75

 

[Spectre2007]

Quote from ammo:

can you explain the numbering spec,3 lower highs and a drop? what your looking for

Numbering is just to identify peaks and valleys..

This structure should top out at 1460.. A brief spike above 1450.

 

[ammo]

Quote from Spectre2007:

Pattern recognition, there is a small structure labeled using the small number fonts .. and its analogous to the larger fonts, in terms of price structure, it means the price will try to push higher similar to what it did in the square, it will do in ellipse.

i see the small square , same pattern repeat now, did not see it yesterday ,thanks,spx has a tl at 1428

 

[gmst]

Quote from gmst:

S 1417.75, stop 1420.75

out of the trade for 1.25 point loss.

 

[Trvlwanderer]

Quote from gmst:

out of the trade for 1.25 point loss.

Strong resistance band on ES...wide stops (3-6 points) may be needed as we chop in and around this area.

Finnies and trans both stronger than the indices.

 

[ammo]

to try and get a smaller window on the 21-27 cleave on previous chart, reduced to a 3 mo ,2 day and its 24-25,if it doesnt hold there is a 26-7 nip above ..on previous chart we could be topping and making a right shoulder

 

[ammo]

uvol dvol trying ,failing ,trying to get a trend day going

 

[gmst]

Quote from Trvlwanderer:

Strong resistance band on ES...wide stops (3-6 points) may be needed as we chop in and around this area.

Finnies and trans both stronger than the indices.

My initial stop was 3 points, but when price moved in my favor, I tightened the stop. Currently, focus is not on winning big, rather don't want to lose much.