ES Journal Archive (2009 - 2010)

[ammo]

http://just-charts.blogspot.com/2010/05/gulf-of-oil.html thanks for posting that,heres another one ramp that is worth watching,and mu over on the elliot wave journal

 

[petty1978]

Here is a very reliable [ES] RTH signal:

Day(1) is either an UP or DOWN day.
LONG Trade Scenario:
Day(0) Open > Day(1) Median Point.
Day(0) Open < Day(1) Open.
*Short trade logic is exact opposite.

Day(0) will rally back to Day(1) open.

This signal is nice to watch for. At times, the ES will not rally/dip back to open on Day(0) and this allows you to see the "noise" factor in the ES and offers an even better position to take following day(0).

We are seeing this set up today BUT this is a Holiday, partial session, and the ES is erratic around these times. But this is a nice set up to watch for.

*SEE CHART*

 

[petty1978]

Quote from petty1978:

Here is a very reliable [ES] RTH signal:

Day(1) is either an UP or DOWN day.
LONG Trade Scenario:
Day(0) Open > Day(1) Median Point.
Day(0) Open < Day(1) Open.
*Short trade logic is exact opposite.

Day(0) will rally back to Day(1) open.

This signal is nice to watch for. At times, the ES will not rally/dip back to open on Day(0) and this allows you to see the "noise" factor in the ES and offers an even better position to take following day(0).

We are seeing this set up today BUT this is a Holiday, partial session, and the ES is erratic around these times. But this is a nice set up to watch for.

*SEE CHART*

EDIT:

This shows a LONG trade following a Day(1) DOWN day. To be more clear, a future SHORT trade is seen when Day(1) is an UP day and vice versa.

 

[Pekelo]

Quote from Now is Now:

IF...is the most powerful word in the English language....(Disraeli)

Was he a programmer?

Trading is nothing but IFs and THENs....with an occasional ELSE also thrown in...

 

[HuggieBear]

planning to go long at 1071.5

 

[startraitor]

I am looking to the lowest and cleanest island gap on the cash. Far below!

Quote from Lawrence Chan:

On monday,

A gap open below 80 means retest of year low and possibly new low for the year - weekly failure to fill gap is extremely bearish.

Of course, if they successfully stage another 30 pts gap up, we have an island below, pointing to a rally back to year high.

 

[ammo]

thats 110 point drop star

 

[startraitor]

900- quick and clean. Only way to conduct a slaughter.

Quote from startraitor:

I am looking to the lowest and cleanest island gap on the cash. Far below!

 

[ammo]

you dont think we'll hit a few branches on the way down

 

[startraitor]

Lc's 80 penetration is the key. Looks like that is a hot knife thru butter area tonight.