ES Journal Archive (2009 - 2010)

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Quote from kinggyppo:

sorry stop 71.90 sometimes I can't believe what I am putting in here. no target will try to hold till end of day, was expecting a reversal higher up.


stopped out 71.90
 
I said it's going down & down it went, now I say it's Porgie's turn, no, I tell you what I'll come over here & post his 9am reversing strategy myself, sorted
 
THEY wanted to prove me right in RTH too, SPX is at 714.78

Quote from Pekelo:

Dragon failure on Friday projects a 3rd bottom at 714 cash...

Note: The difference between cash and ES is only 1 point now not the previously noted 3pts...

P.S.: We had a mini dragon with failure at 719 and 7 pts height, but we only made it down to 713.5
 
Quote from swing-scalper:

Help me out. Why does the market stagger at 714-715? What's the significance of this area? I've yet figured it out.

Somebody needs to do his homework...

752 - 38 = 714

Failure - Height = 3rd bottom

P.S.: Also lower BB on the 5 mins chart...
 
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