ES Journal Archive (2009 - 2010)

[saliva]

Quote from Lawrence Chan:

Potential ADU.

While it's too early to tell, I think we'll just chop as usual and then drop going into the close.

 

[Lawrence Chan]

Quote from saliva:

While it's too early to tell, I think we'll just chop as usual and then drop going into the close.

839

 

[swing-scalper]

Quote from Lawrence Chan:

839

Why 839?

 

[Lawrence Chan]

Many reasons. One of them is 29-39 =)

 

[Lawrence Chan]

11.5 pt range so far for the day ...

Back to the early 90s ...

 

[Lawrence Chan]

Quote from Lawrence Chan:

Many reasons. One of them is 29-39 =)

Another one is that printing 8000 by close for Dow is great for the weekend, isn't it?

 

[smilingsynic]

Quote from Lawrence Chan:

Many reasons. One of them is 29-39 =)

Fib projection off of opening range = 39.50, since the other end failed to attract sellers.

R1 (44.25) is possible, because there was buying at S1, but obviously the higher odds target would be 39

 

[smilingsynic]

Quote from smilingsynic:

Fib projection off of opening range = 39.50, since the other end failed to attract sellers.

R1 (44.25) is possible, because there was buying at S1, but obviously the higher odds target would be 39

If there is buying above daily pivot, then target previous high of 42.25. After all, there was no selling of note at yesterday'w low.

 

[Lawrence Chan]

Leaving early today.

One comment on EURUSD - it is gunning for its previous swing high made on the fed event. That implies ES can potentially go up another 25 pts within a week due to change in valuations.

Good trading!

 

[pocketmoney]

Quote from pocketmoney:

possible inverted h&s setting up on the 15min....

Yep