ES Journal Archive (2006 - 2008)

[Buy1Sell2]

Quote from Charly:

Which MACD are you using for the ES -
1 hour - Chart please?

Charly

Standard 12 26 9


There is a very good possibility of a close above 1350 today.

 

[Charly]

Quote from Buy1Sell2:

Standard 12 26 9


There is a very good possibility of a close above 1350 today.

Thanks BS,

mine looks quite different - due to the
fact that I'm looking at the GLOBES charts.

There the MACD is even more wrong than
with the Floor chart.

Too nerve wrecking for me - these 60 min.

Charly

 

[Arnie]

I just shorted @1348.25. All you longs can relax now.

 

[m4a1]

why do you think so?

Quote from Buy1Sell2:

Standard 12 26 9


There is a very good possibility of a close above 1350 today.

 

[Buy1Sell2]

Quote from m4a1:

why do you think so?

We're in a strong uptrend. 60 minute chart (and 15) confirm strong potential for afternoon upside. In any event, even if we close down from here, we remain in strong uptrend. That cannot be ignored.

 

[Buy1Sell2]

There is a strong possibility of an intraday pullback here based upon the attached 120 minute chart. Longer trend still up, so I'll stay long for now.

 

[Arnie]

Short from 1347.75, (covered yest trade for 1.5 pt loss).

 

[Buy1Sell2]

Arnie, are you a day trader?

 

[Buy1Sell2]

For you intraday guys, the 15 minute chart is building quite an upside reversal pattern.

 

[m4a1]

upside reversal pattern means buy or sell?