ES Journal Archive (2009 - 2010)

[emg]

plan on going short 1098.25

 

[Eko_Trader]

took a pt 86, but will re-evalaute

 

[Now is Now]

Quote from Now is Now:

BUY 8050...STOP 8600

That was quick and nasty



NiN

 

[petty1978]

Market could pull back here to 1077, then push to 1101.50.

 

[wave]

what a tease before 88.25

 

[Eko_Trader]

Sell order @ 94.00

Order moved to 95.75

 

[ammo]

tl

 

[wave]

short to....


short 89.50 break, hold to 81.50

 

[ammo]

82/83 may have to wait for cl to hit 75.15 area before turning

 

[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.

Market is clearly saying it wants [higher before lower] prices and this sequence does not lend to sustained higher prices over the next 10-13 trading days---1126/1136 and maybe 1148 are realistic upside targets. If you swing trade regularly, these are going to be great spots to take SHORT positions.

*The set up above looks to be playing out, however, the holidays make this trade erratic but this is a nice set up to watch for down the road.