Looks like a market break out brewing

[GCSICLRBC]

Quote from AMT4SWA:

ES 882 SHORT positions just hit all my + 5 point profit targets with the trading down to 877.00

Well done, AMT. I like 886 area today but not if it's during the last hour rally (possible).

How many points are you risking if you're exiting at +5.00?

Happy trading!

 

[AMT4SWA]

Quote from GCSICLRBC:

Well done, AMT. I like 886 area today but not if it's during the last hour rally (possible).

How many points are you risking if you're exiting at +5.00?

Happy trading!

I was willing to sell up to the 885's in that zone and bail if we traded beyond the 889 level. BTW, 877.00 was my first profit target level.....I have my next targets in the 872's if we get additional selling.

 

[afto]

Why are so many posters, including the moderator, so abusive to stock trad3r?
If you don't agree with what he says then surely you can disagree
in a civil manner or ignore. Whats so hard about that?

<The trend is up. what the freak are you talking about? On what time frame? Your an idiot!>

 

[Rex84]

Quote from AMT4SWA:

So were you ACTUALLY in a LONG trade......and from were? :eek:

bought the fas yesterday

 

[freewilly]

Nothing is brewing with this kind of volume. It is all noise.

Come back after New Year.

 

[Ivanovich]

Quote from afto:

Why are so many posters, including the moderator, so abusive to stock trad3r?
If you don't agree with what he says then surely you can disagree
in a civil manner or ignore. Whats so hard about that?

Because he is a troll, nothing more. When you've been here a little longer, you'll understand.

 

[Landis82]

Quote from S2007S:

Added SRS on this dip at $58.75.

very small amount of 65 shares.

SRS goes out at 56.38
-$4.73

Down 7.7%

 

[NeoRio1]

Quote from NeoRio1:

Just because he didnt tell you how he came to this conclusion it doesn't mean it's not a brilliant analysis.

A few more key movements in this market and I am all ween babyyy, in this breakout that is.

Currently all out and a happy camper.

 

[fantastic4]

And what a breakout! Awesome. I'm getting really bullish.

Any market profilers out there? Can you take a quick look at my market profile analysis for Tuesday's action and tell me if I'm 100% wrong or not, I'd appreciate it: www.helpmelearnmarketprofile.blogspot.com

According to my analysis, which may or may not be right, we are do for much more upside, I see about a zero percent of giving it all back on Wednesday. My guess is we'll have another strong up day, or worse case scenario, consolidate. But I'm voting for another strong up day.

On a snap shot I see we're now dealing with the fifty percent retracement from the most recent sell off, but post/pre market we're already attacking that. If broken through I put the next target at the more major fifty percent retracement which is right near the 1000 line on the ES.

 

[AMT4SWA]

Hope you sold 892.00!