ES Journal Archive (2006 - 2008)

Kovacs · Apr 30, 2008

There's multi-day support in the 85.75 - 86.75 area.

ammo · Apr 30, 2008

i covered there and went short again,on fed days they often blow thru ,next line below yours is 80

BoyBrutus · Apr 30, 2008

Quote from dstod:

Awesome thread! What kind of charting service do most of you use for futures?

I use stockcharts.com but they don't chart futures at all, so i make my entries based upon the charts on the SPY.

I'm looking for a service for eminis as well as gold and oil.

Thank you in advance

Try

http://www.elitetrader.com/vb/showthread.php?threadid=122619

tommymoose · Apr 30, 2008

Quote from tommymoose:

Here is the doozy of a sell zone I'm waiting for on NQ if anyone is interested...

1955-1965 looks juicy... so much confluence from both daily levels AND the hourly charts... awesome R/R from this level

http://elitetrader.com/vb/attachment.php?s=&postid=1896128

oh snap

JSSPMK · Apr 30, 2008

Quote from tommymoose:

oh snap

Did u spot that D on 1?

mbusch · May 1, 2008

Short ES at 1388.75 and 1389.50 off MACD divergence on 5/3/1-min and RSI divergence on 5/3-min, plus the fact that yesterday's (Fed day) daily bar was an outside engulfing bar with a bearish close. Relatively wide stop (since it's AH). Target 10 to 20 handles.

JSSPMK · May 1, 2008

Quote from mbusch:

Short ES at 1388.75 and 1389.50 off MACD divergence on 5/3/1-min and RSI divergence on 5/3-min, plus the fact that yesterday's (Fed day) daily bar was an outside engulfing bar with a bearish close. Relatively wide stop (since it's AH). Target 10 to 20 handles.

I agree, yesterday was an important day & final result showed lack of interest to take markets higher, pair that with what does look like a retracement within a bear phase, daily histogram on ES does look bearish ImO, so I can only assume that Buy1Sell2 only has eyes for being within a trend which looking on weekly histogram alone is still bullish & of course important support areas are still intact. But one can not deny that countertrend conditions are good at the moment if looking on daily chart, ImO.

ammo · May 1, 2008

according to a reliable gann/elliott guy( called 3/17 within a day or 3/15) may 7 is an important end of cycle date,possible chop til then,maybe slow rally on oil drop,google and aapl showed weakness yesterday, trading those and xle from shortside with options,anymore ,slow moving spus are too hard to trade

Buy1Sell2 · May 1, 2008

Quote from Buy1Sell2:

long 1394.50

Initial stop 1381.75

unit size 2

I will be away in Fort Worth to look after investments and MAY not have time to post or swing trade. In light of that, I have moved this to a position trade and moved my stop to 1362.00.

blaster1 · May 1, 2008

Long 84.75.

Edit: out 86 +1.25