ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
- Start date
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92 area reached.
Hey guys, since you are trading ES, do you calculate the day's Pivot points. Below is what I came up with for the day using the basic formulas and open 9:30amEST and close 4:15pm EST. Let me know if you came up with different ones and why. Thx
Daily 05/21/09
Open 889.50
High 893.25
Low 877.75
Close 888.75
PP DATE 05/22/09
R2 - PP+(H-L) 902.0833333
M4 - (R2-R1)/2+R1 898.75
R1 - (2XPP)-L 895.4166667
M3 - (R1-PP)/2+PP 891
PIVOT - H+L+C/3 886.5833333
M2 - (PP-S1)/2+S1 883.25
S1 - (2XPP)-H 879.9166667
M1 - (S1-S2)/2+S2 875.5
S2 - PP-(H-L) 871.0833333
Daily 05/21/09
Open 889.50
High 893.25
Low 877.75
Close 888.75
PP DATE 05/22/09
R2 - PP+(H-L) 902.0833333
M4 - (R2-R1)/2+R1 898.75
R1 - (2XPP)-L 895.4166667
M3 - (R1-PP)/2+PP 891
PIVOT - H+L+C/3 886.5833333
M2 - (PP-S1)/2+S1 883.25
S1 - (2XPP)-H 879.9166667
M1 - (S1-S2)/2+S2 875.5
S2 - PP-(H-L) 871.0833333
http://www.charthub.com/images/2009/05/18/YTD_MP_042709 charts courtesy of this guy, all the widest and narrowest spots( nips and cleavage)
Out of that add at 894.
Current Position: Short 814.25 + 15% hedge.
SLD 892.00 s/L 894.25
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