ES Journal Archive (2011)

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What parameters are used for those who trade breakouts? What does the volume have to look like in order to signal a trade in the direction of the breakout?
 
Trvl, look at SPX 1254 now and 1257 (is that last year close, can't remember, but it's close) - that num will be psychologically interesting, maybe smash and grab. I have 1252 to 1254 on ES as peaks today.
 
Quote from satchel:

Trvl, look at SPX 1254 now and 1257 (is that last year close, can't remember, but it's close) - that num will be psychologically interesting, maybe smash and grab. I have 1252 to 1254 on ES as peaks today.

my stop may flex near those areas.....not sure of the build up since we are low vol Christmas week.
 
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