Ka-please I don't even live here. ES

A

aquarian1

9:23 AM 8/29/2014
temp1.png

Narrow range expected <12pts
Est range 7.75
H1997.5 @ 8:32CT
-7.75 = 1990
low 1992.50 @9:12

est mid 1996.75 -4 = 1992.75

conclusion: low in place. range probably done for the day.
back to bed.
 
Code: 
Up    1997.00    1992.75    4.25
    29-Aug    28-Aug    6.00
High    2001.75    1997.25    4.50
Low    1992.25    1988.00    4.25
Open    1998.75    1990.00    8.75
Close    1999.75    1997.00    2.75
Percent    79%    97%
 
I'm working hard to get myself positive.
It's amazing how f-king stupid people are. Seems to leave little hope for the planet.

In any case to ES.
Yesterday I had Q61= 1999 and Q62 =1989.50
(Q61 = first point and Q62= second point - I estimate and track turnpoints of 6pts or more).

With Dir30 down and the o/n fork down the first leg was esi to be down - which it was
Selling q61 of 99 would have been a great entry as the actual FP (firstpoint) was 1999.75 at 8:31
-but I wasn't ready - sleep prbs.

The range est was 7.75 and the first leg was -7.50 - so excellent! Well done!
Then using 9.75 added to 1992.25 => 2002 versus HOD of 2001.75 !! Great!
 
A lot of people are watching for that breakout.

Anybody with good research that would produce/prevent that breakout? The net is littered with goldbugs.
 
The chart was made for a fellow trader. (it is neutral nether bug nor bear ;) LOL).

For myself to keep track I'll give myself a sim account and see how the trades would work out. So buy 2 > 1325 on a daily close with a stop-loss of 1290 and targets of 1346 and 1392.
and Sell 2 < 1270 on a daily close with a stop-loss of 1290 and targets of 1240 and 1180

Disclaimer nothing posted here is trading advice just for educational purposes.
 
Here a review of the prototype ES signals. The only "false" signal is Tuesday but this wasn't really false as the day was caret-shaped with the first up leg of +5.5 almost exactly equal the leg of -5.75 down.
week 274.png
 
The gold 15 min chart is your only good chart, the rest are crap especially the 1st on ES since when u trade for real money like I do you want to remove all lines and indicators that don't predict PA (price action).

On this chart the best trade would have been a short of around 1292. Every time price came up to this area it was pushed down. As noted price did break a tiny bit above 1292 after bouncing off 1284 before coming down which was basically some stop hunting to take the out the weak shorts. This is basically a perfect head and shoulders chart. The right shoulder could have been shorted which is what I am talking about.
 
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