ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
The market will turn south between 1146-1150 and wont find any real support until 1107. This decline will happen rapidly. That will be the place to short the ES this upcoming trading week.
 
This is a possible trade set-up that has yet to confirm [per price action].

If the ES does not close on or below 1119.25 [looking at a 30M bar] and price rallies to 1146.25, (incredibly likely) Sell Short at 1146.25 and cover at 1119.25. Set your stop at 1155.25.

This move will happen within a 24 hour trading window with continued weakness very possible to 1110.25 and 1101.25.

This is a very reliable trade set-up [proprietary] that I use [on average] 3 times a week. Not all trade set-ups confirm to initiate a trade; when they do, rarely do they stop out.

I will start to post the set-ups so you can see the accuracy.

Have a profitable week trading.
 
Status
Not open for further replies.
Back
Top