ES Journal Archive (2006 - 2008)

[Spooz Top]

Quote from Spooz Top:

this pa has all the makings of a monster slide with a blow off top..

i have no intentions of covering any time soon.

sellers are all over that daily OVB in AH.......i expect to see a LL when it is said & done.........first cofluence sell zone @ 83/92 was tagged beautifully with the 20 day right there as well at 77.

20day kiss to pretty much the tic on spx was there as well @83/84.

was late on my sell @ 74.75 & caught an add on at 68.75on the retrace to 69.25 swing hi.

 

[ammo]

so we just slide right down to 1200-1225?

 

[ammo]

this low volume is because all the mom and pops are pulling what little they have in cash,so there are fewer buffers for the pros to sell to or buy from,hence bigger moves to unload or reload thier positions

 

[apex82]

if we open below 1340 I will be expecting selling out of the gates...

if we open in the 1340 area or just above I will be looking for a rally to retest 1360-1370 area.

 

[Spooz Top]

Quote from apex82:

if we open below 1340 I will be expecting selling out of the gates...

if we open in the 1340 area or just above I will be looking for a rally to retest 1360-1370 area.

i`m in full agreement with that 1340 pivot.....that`s my inflection point for the am session as i believe that will dictate morning direction.

 

[gwac]

guys why is 1340 so important?

tia

Quote from Spooz Top:

i`m in full agreement with that 1340 pivot.....that`s my inflection point for the am session as i believe that will dictate morning direction.

 

[apex82]

startraitor if you still have those longs I still want them at 43-44

3 pt stop

6pts for 1st target

 

[apex82]

moving sell orders up to 44-45

 

[gwac]

s and p futures jas been a great leading inducator for eur/usd
in jan. Worked great for me this afternoon. Keep an eye on it after big s and p moves.

Quote from apex82:

moving sell orders up to 44-45

 

[gwac]

Actually apex i got a bigger bang on the euro after you mentioned the S&P was in trouble on a break of 78. This allowed me to get in quick;y on selling euro. Thanks

Quote from gwac:

s and p futures jas been a great leading inducator for eur/usd
in jan. Worked great for me this afternoon. Keep an eye on it after big s and p moves.