S/R Emini Journal

[JimmyJam]

Quote from MiniDowTrader:

Volente should be showing up any minute with the following nugget of wisdom:

"10:30 reversal anyone?".

do you wanna take it?

 

[volente_00]

Quote from JimmyJam:

short again at 1245.25

you scalping for a couple ?


Following a rule of 10 there was a short at 1246.

 

[volente_00]

Quote from JimmyJam:

do you wanna take it?

1241.50 is my buy.

 

[JimmyJam]

Quote from volente_00:

you scalping for a couple ?


Following a rule of 10 there was a short at 1246.

nah, that was a divergence trade (early, then the real divergence - as the chart shows).

i've heard of the square of nine, but what the heck is the rule of 10?

 

[volente_00]

i'm in

 

[JimmyJam]

Quote from volente_00:

1241.50 is my buy.

nice support coming in there, but i'm going to have to wait to see buying support coming in.

p.s. coffee anyone?

 

[volente_00]

Quote from JimmyJam:

nah, that was a divergence trade (early, then the real divergence - as the chart shows).

i've heard of the square of nine, but what the heck is the rule of 10?

Fade the move after a 10 point move in ES intraday, usually is good for 2 points or more.


1236 -1246.

 

[volente_00]

Quote from JimmyJam:

nice support coming in there, but i'm going to have to wait to see buying support coming in.

p.s. coffee anyone?

using me as a guinea pig eh ?

 

[volente_00]

10:30 reversal anyone ?

 

[MiniDowTrader]

I've got conflicting signals so I'm sittin' on my hands.


MDT