ES Journal Archive (2009 - 2010)

[ammo]

need more power scottie, cant hold her capun, givin her all she's got, 1046,38,16

 

[cipherscribe]

Out of my short waaaaay to early. Going to have to learn to leave one of for good measure....

 

[Lawrence Chan]

Quote from M3peat:

I guess I'm trying to understand what you meant when you said this earlier:

"49 first.

Edit: if PP at 6.75 is taken out from below, then previous day high + more!"

OR breakout upside failure, look for a break of PP to go lower. When that happens, 1st target ORL, then S1, that is where 49 is.

If S1 acts as resistance, you get next target previous day low.

It can be very simple.

 

[stella]

Quote from ammo:

need more power scottie, cant hold her capun, givin her all she's got, 1046,38,16

Maybe next wk... my levels are close to the ones you have.

 

[ammo]

Quote from stella:

Maybe next wk... my levels are close to the ones you have.

eur/usd massaging the supp line from mar/jun, dollar doing same with resistance line, that 1046 was supposed to wait to close to hit, midday says we havnt seen the lows yet

 

[volente_00]

Anyone catch cramer earlier this week when he said if you need to sell then wait for thurs afternoon



For once he was right

 

[wave]

Quote from Kovacs:

Wave,

What's your position?

LONG!

 

[Lawrence Chan]

Quote from Lawrence Chan:

Why?

A bounce from previous day low with w.spring will send it back to VWAP.

But going down to fill the gap is more likely.

potential w. spring forming.

as long as previous day low holds, a fight back to VWAP is possible.

VWAP at 52 and falling.

 

[JSSPMK]

Quote from JSSPMK:

1 point breakout range 1046 - 1045 SPX, 3 points target at least

Ka-ching +3 it is (hypothetically speaking that is)

Bingo!!!

 

[Lawrence Chan]

Quote from ammo:

eur/usd massaging the supp line from mar/jun, dollar doing same with resistance line, that 1046 was supposed to wait to close to hit, midday says we havnt seen the lows yet

For down trend to continue, ES and NQ should break to a new daily low by close. As a minimum, close below previous month close. That automatically imply low of this month in play at 1020 area.

That will setup for potential touch down at 1000.

=D