ES Journal Archive (2006 - 2008)

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Quote from osorico:

STAY ALERT! Could turn here very easily. Applies to all, ES, YM, ER, NQ.

jmho

Osorico :)

EDIT timestamping this post... 13:15 EST
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Yep its classic if we hold here were getting to 1523 by today/tomorrow and then a move up to 1538
 
Quote from apex82:

Yep its classic if we hold here were getting to 1523 by today/tomorrow and then a move up to 1538
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Yes sir. Classic thus far. For the benefit of those that don't know the concept...

1) Prices gathers momo and move (rally or selloff) to a significant price level. (In the case of ES I posted a downside level 1525.25... to the tic baby! 1 tic lite hitting upside, 1531.75 vs 1532.00)

2) Expect a playable counter-move.

3) Wait for direction confirm before establishing further positions.

Turned into a nice day after a below average morning.

Osorico :)
 
Me thinks this might be the beginning of the shorts days in the sun. Best to have a position on in which to play off of should it be the turn.
 
Quote from osorico:

I can visually see it, but there is not much time spent there, volume or price.
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Forgive me for thinking alound, but wouldn't a double top at 1533 look really nice?

Just trying to use the power of suggestion here... :)
 
Quote from mbusch:

Forgive me for thinking alound, but wouldn't a double top at 1533 look really nice?

Just trying to use the power of suggestion here... :)
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I *THINK* it's just an arbitrary area on the way.

Trade what you see, not what you think. LOL. I'm seeing signs of tiredness, for today anyway. Oh wait, that's me who's tired. :D
 
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