ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Yes over on the S/R, you look to be "in the zone" right now!! The patience, entry and exit seem to all be flowing. I've been experimenting with the postional thing for the last month or so. And still trying to get a grasp of when to add/profit take and so on. Looks like it may take me a while to mix it in with the intraday trading.
 
Quote from sosa1974:

Yes over on the S/R, you look to be "in the zone" right now!! The patience, entry and exit seem to all be flowing. I've been experimenting with the postional thing for the last month or so. And still trying to get a grasp of when to add/profit take and so on. Looks like it may take me a while to mix it in with the intraday trading.
More...

cheers :), all the best to you and your trading!
 
Quote from Buy1Sell2:

While I am long here and looking for the 1300 test, I will be paying special attention to the 30 and the 60 for signs of double top or receding RSI.
More...
===================

i am still looking for that1300/1313 test also;
may be in the 4th quarter.:cool:

Solidly below 5 day houly candlechart resistance;
again

murray TT
 
Quote from murray t turtle:

===================

i am still looking foe that1300/1313 test;
may be in the 4th quarter.:cool:

Solidly below 5 day houly candlechart resistance;
again

murray TT
More...

Yes, we had that intraday RSI short signal "grail" yesterday and it killed my 1300 test--at least for now.
 
Quote from Buy1Sell2:

Yes, we had that intraday RSI short signal "grail" yesterday and it killed my 1300 test--at least for now.
More...

============
I was concerned about a narrow summer sideways trend;
glad we dont see to much of that,Buy1sell2.:cool:
 
No trading today. I dont trade terror events even though the "freedom rally" was in full effect. I pass on days like this. Looking for entry Friday or next week.
 
B1, there is a bullish hammer on the daily chart, which does indicate a possibility to the upside. IMO tomorrow is going to provide a wide range to the upside of 20+ points towards 1300+ level. Today's EOD cash closed just above 200MA confirming a possibility of a bounce from here.

Even though you partially answered my Q about possible triple BRD (re-double top) I would still like to know if ES re-tests 1300-1320, will that price action IYO establish a triple BRD?

Thanks.
 

Attachments

Quote from romik:

B1, there is a bullish hammer on the daily chart, which does indicate a possibility to the upside. IMO tomorrow is going to provide a wide range to the upside of 20+ points towards 1300+ level. Today's EOD cash closed just above 200MA confirming a possibility of a bounce from here.

Even though you partially answered my Q about possible triple BRD (re-double top) I would still like to know if ES re-tests 1300-1320, will that price action IYO establish a triple BRD?

Thanks.
More...

That is a distinct possibility. It depends on how long it takes to get up there etc. Right now, that hourly sure was strong today and we'll see if it carries into tomorrow. The problem that is there is that the high today stalled at the 20MA on the 240 chart. The 240 is still pointing downward. Today's action did not create an outside day reversal bar. I would say that the action on the hourly bar should be watched closely for further direction. Going forward, I am trading daily charts but using the intraday as entries and exits to get me in and out. After quite a bit of thought and research, I have found that the 60 is actually more reliable than the 240 when all is said and done.
 
Status
Not open for further replies.
Back
Top