Great day for pivots on ES

Quote from Flashboy:

Hey db,

My trading plan calls for buying pullbacks to the 20 EMA.. the ES, & YM were @ the 20 EMA.. the NQ was slightly below.. I wait for confirmation before entering.. like the hammer bar that formed was my signal to enter.. I hesitated and then put in limit order and didn't get filled..

Let me know if you see anything wrong with this strategy

It's too fuzzy. Which is why you hesitated.
 
Quote from Waggie945:

01-15-04 05:47 PM

Above 1133 . . .
MAJOR BREAKOUT.

Next stop 1155-1160 with possible 1174 March 2002 Highs as a target.

As long as 1129.90 is not taken out, I have no problem with the above forecast . . . The Trend is Your Friend!

:p
 
Quote from waggie945:

Quote from Waggie945:

01-15-04 05:47 PM

Above 1133 . . .
MAJOR BREAKOUT.

Next stop 1155-1160 with possible 1174 March 2002 Highs as a target.

As long as 1129.90 is not taken out, I have no problem with the above forecast . . . The Trend is Your Friend!

:p



The ES should slow down here and start its pullback.... I averaged 5 ES at this level. ... looking for 2-5 point pullback

I will scale into profit whatever the market gives me. I will be using a stop a 2 points above this level.

I am hedged a lil with some long stocks.. so it wont be too bad if market decides to rip again.
 
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