T day boys kicking the party off early
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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If tonights LOD remains 1332 which seems likely things are lining up very nicely for sick sell zone at 1377-1381.
JSS, wouldn't a third drive up to ~1380 put in a nice triple divergence on all the larger timeframe charts? I know triples are much rarer on the larger timeframe charts, but stronger right?
JSS, wouldn't a third drive up to ~1380 put in a nice triple divergence on all the larger timeframe charts? I know triples are much rarer on the larger timeframe charts, but stronger right?
For now it seems they stole that long setup in the AH session. ES touched 1332.00 right at the beginning of the AH session, and is now at 1344.00 as I write this. I don't trade the AH because more often than not good setups turn bad in a mysterious way. Probably because of the thin volume and lack of key players, who don't turn up until the late pre-market session - not earlier than 4-5hrs before market open.
I still see a low risk long at 1334-1335 as long as 1331-1335 area acts as support. Multi-day picture still bullish overall.
I personally never know where price is headed and most likely nobody does.
I only know at certain times, with certain visible structure, where the price is more probable to go and I know zones where price is more probable to stall or turn IF it reaches there. That's the basis of my trading. There's always the other side of those probabilities and IMO the market can and will do anything though. That's why there are stops, otherwise I would not have to use them and I'd still be a billionaire by now
T day crew. We're goin' higher boys. Prepare for departure. Long here with size (1343).
Eurostoxx 50 rallies 50 ticks without any hesitation on good volume and accumulation /"Trichet" released 50 bil Euro for market stabilisation/.
If previous US session was bearish - yesterday for sure it was, it is usually bullish indication for next US session.
Today I expect strong attempt push it somewhere to break resistation at 60, if they can end above 80 this week they can say that bear is over /long term consolidation expecting/.
If they can not push it higher the panic can turn back. Everybody saw what happened at 4pm yesterday.
If previous US session was bearish - yesterday for sure it was, it is usually bullish indication for next US session.
Today I expect strong attempt push it somewhere to break resistation at 60, if they can end above 80 this week they can say that bear is over /long term consolidation expecting/.
If they can not push it higher the panic can turn back. Everybody saw what happened at 4pm yesterday.
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