ES Journal Archive (2009 - 2010)

[xty]

Quote from Pekelo:

Looks like I posted just about 2 hours early and we are putting in a doubletop first....

i think u jinx' the whole set up..............

they probably read ur post and realized it's about droping like a stone

 

[ivanbaj]

Quote from xty:

it's about droping like a stone

It is, if you flip the chart.

 

[pcvix]

Quote from Lawrence Chan:

Hey,

1100 first, so 900 next.

It can be pretty simple. =)

LC, how are the bots doing?

 

[jjj1000]

Short ES 1096.50
stop 1106.5
target 1086.50 or closing price

 

[Pekelo]

Quote from Pekelo:

Looks like I posted just about 2 hours early and we are putting in a doubletop first....

The interesting thing is that there is no RSI divergence, indicating still more upmovement. Since we just got the doubletop, with a height of 14 points, if we drop 6-7 pts from here that would be the Failure area for this smaller dragon, and if failing indicating 1094+14=1108 as 3rd top which is pretty close to the bigger dragon's 1111 3rd top...

Anyhow, here is the longer term signal:

 

[Lawrence Chan]

Quote from pcvix:

LC, how are the bots doing?

Buying still.

 

[pcvix]

Quote from Lawrence Chan:

Buying still.

Thanks.

 

[Decel]

Quote from Pekelo:Anyhow, here is the longer term signal:

Yeah but the two previous sell signals failed

 

[ammo]

Quote from Decel:

Yeah but the two previous sell signals failed

spus dropped 90 points on those sell signals

 

[ammo]

add 98