Here is 60 minute es I was wondering yesterday whether the pivot would be hit today and it was. Eyeballing past data looks like this works more often then not, but I haven't backtested this. I think you would need to use some discretion. The pivot was hit and rejected. Good trading.
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Quote from Pekelo:
Who says?
You got a point as opening range never got taken out.
I saw size buying at 19-20 area again, could not believe it but that stopped the drop.
had no time for details but wanted to get really long. fading that chart after dbottom is like getting into a really bad relationship over and over, been ther and done it. burn today's chart into your frontal lobe and avoid the stalker chick! You don't see it too often so it's hard to learn.
I vote yes, 55+! That is being optimistic but that is the kind of guy I am.
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