ES Journal Archive (2006 - 2008)

[JSSPMK]

Looking for an opp on shorter term charts to enter a short off the hourly chart's possible triple D, would like to get 1370 & possibly lower.

Short 1397, stop near where I normally have it

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1777464>

 

[JSSPMK]

Reversed for Long off 2

Scaled out +1.75 (typo)

Reversed for Short off 1 (near channel's high)

Scaled out +2

 

[startraitor]

Big resistance zone here up to 1410. Short already, adding within and stop above.

 

[JSSPMK]

Needs to get out of this channel, hourly histo bending nicely towards centreline.

 

[JSSPMK]

So far a triple failure swing, divergence on 2, not going up, so ought to start heading lower, C'MON!!!

 

[elovemer]

......might be a good short here at 78.6% for a possible... coming test for sellers.....
..... if the test is successful.... possible long entry

 

[JSSPMK]

Quote from elovemer:

......might be a good short here at 78.6% for a possible... coming test for sellers.....
..... if the test is successful.... possible long entry

I agree, looks like a good short opp still, hourly D now complete & a bit of rounding top p/a going on, holding 1/3 position. 1403 zone is 61.8% on fibs.

 

[avarus]

I smell something bad coming again. Maybe today? Longs should be cautious here. This could be the one that gets us to 1200-1150.

Always use risk control.

 

[ammo]

very omenous av

 

[avarus]

Remember last February?