ES Journal Archive (2006 - 2008)

[Buy1Sell2]

Here is the RTH 15 minute ES chart from Monday. No reaction low has been created yet. If using the let it ride system you would still be long here without the obvious reversal showing itself yet.

 

[brightstone]

It looks like we are started off with a short grail.

 

[Buy1Sell2]

Quote from brightstone:

It looks like we are started off with a short grail.

Please post your chart

 

[brightstone]

The 5 min tf.

Quote from Buy1Sell2:

Please post your chart

 

[Buy1Sell2]

Quote from brightstone:

The 5 min tf.

Ok. Can you post a 15 as well? Certainly you have recognized the long grail that appeared afterwards as well?

 

[brightstone]

here is the 15 min long grail

Quote from Buy1Sell2:

Ok. Can you post a 15 as well? Certainly you have recognized the long grail that appeared afterwards as well?

 

[Buy1Sell2]

I can't see any obvious reason to be short unless you are just trading for 1 or 2 points. Anybody have a different opinion? To me the signal from Friday's bottoming pattern is still in vogue.
Note: there was a continuation bar on RTH chart early today which I will point out when I post the day's chart.

 

[Buy1Sell2]

I will not be able to post for a while. Good trading to all of you! Hope you catch the right trades today no matter what your time frame is.--yes the 15 is weakening a bit here.

 

[Keeper]

Market is up, I would long on pullbacks.

 

[m4a1]

short 1390