ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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going overnight with 1 long, think we will test the highs over 20 pre numbers, timebased stop 1:00 am and stop under 96.
I just realised this thread gets thousands of hits a day, who is looking if only a dozen or so posters?
I just realised this thread gets thousands of hits a day, who is looking if only a dozen or so posters?
11-06-08 01:22 PM
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Quote from ammo:
10/15 low 897.10/27 high 894 ,next support zone ,or 882 ,beginning of gap left from 10/27 last hour and 10/28 first hour on MP,882-925 gap,below that is nip on 10/27 of 862-864
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894 is the 61% retrace of the low of 10/28 to the high of 11/05.
Daily 100% pivot is 896/97.
As long as we hold these fib levels we have a good chance to get the ES higher for a continuation up, provided that There are no surprises in Non-farms unemployment report. I hope I'm not sounding to optomistic.
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Quote from ammo:
10/15 low 897.10/27 high 894 ,next support zone ,or 882 ,beginning of gap left from 10/27 last hour and 10/28 first hour on MP,882-925 gap,below that is nip on 10/27 of 862-864
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894 is the 61% retrace of the low of 10/28 to the high of 11/05.
Daily 100% pivot is 896/97.
As long as we hold these fib levels we have a good chance to get the ES higher for a continuation up, provided that There are no surprises in Non-farms unemployment report. I hope I'm not sounding to optomistic.
I agree, Obama is holding press conference tomorrow as well and could quell some fears quickly, stimulation, not taxation, for now at least.
Quote from Zodiac4u:
11-06-08 01:22 PM
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Quote from ammo:
10/15 low 897.10/27 high 894 ,next support zone ,or 882 ,beginning of gap left from 10/27 last hour and 10/28 first hour on MP,882-925 gap,below that is nip on 10/27 of 862-864
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894 is the 61% retrace of the low of 10/28 to the high of 11/05.
Daily 100% pivot is 896/97.
As long as we hold these fib levels we have a good chance to get the ES higher for a continuation up, provided that There are no surprises in Non-farms unemployment report. I hope I'm not sounding to optomistic.
Quote from saliva:
By suggesting that the market will hit the low somewhere between 894 and 897, doesn't that in itself surmise that this noob is counting points, not dollars?
:eek:
haha, say what you want. it doesn't really matter on this anonymous board. but that is my real last name because i don't have anything to hide. i have worked with professionals, as a real paying job, not some bogus prop shop. while some traders might agree with you, many won't.
by suggesting a daily point(given proper disicpline) is what many succesful traders use, and not just for futures. trading is about maximization, for growth, but it should be growth in terms of points/contract, not dollars because then when you keep increasing your contract size, the dollars will grow.
obviously some say this causes over or under trading, which is why as simple as this sounds, it's actually pretty tough to implement over a long period of time. try it if you like, you will be surprised, ur break even days will suddenly seem profitable over an extended period.
understood, there is nothing newbie about that, take it at it's face value or leave it, i don't really care.
I will be traveling, week to week, city to city throughout the globe. Will be taking two laptops....
As for ES, down down down.... 770....then 550...
As for ES, down down down.... 770....then 550...
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