Scenario #1 played out rather nicely. Looking for 1701 area as major resistance.
I'm looking at a few things here. 1) We continue to chop for another 15-30 mins, and I will go long around the 1696-97ish area with a target...
stop trailed to 18. Averaged in position @1719. First target 15.25 edit: Stopped out ! Should have exited a tad earlier, but was...
Short @19.75 1/2 position. Will add with cofirmation down. Looking to see a move to 15ish. Edit: stop moved to breakeven.
couldn't have said it better
If point X acted as support or was a heavy congestion area previously, and now price is moving up towards point X, point X is a possible...
Lots of clues that the morning action was going to be a strong push up. Me like !! Pretty easy to grab a few points. Unfortunately, this...
out 1/2 at 1315.50, + 2
Long 1314.50 stop 1312.50 edit: removing stop, add long @1312.50 average 1313.50
So are you chasing or is this a legit setup ? I've been long @1308.50 for over an hour, so some movement would be nice !
exit 1323, +1.5
just curious why u chose 20.75 to buy.
short 1224.50 and looking for 1319 uncle is around 1325.75
If you are trading futures and are a profitable trader, then 1000% in a year is doable. Hard, but doable.
If you take a look at the daily ES chart and combine it with today action, it looks as if the longs are starting to give up. Profit taking has...
truthfully I don't pay attention to pivots all that much. Just occasionally on the open but thats it. So far, I'm just laying down basics....
on occasion I will use the 5 min chart to enter, and sometimes the 15 min. its almost always one of the two.
first of all, the moving averages are not indicators. Just points of reference. But here is a chart of thursday March 24th, 2011. I chose...
the blue line is the 20ema. When price starts pushing up quickly with no retracement, price ends up further away from the 20ema than normal. I...
All Day Up day Part 2: Lets go into a little more detail in regards to the pre-market trend in determining whether the day will be an ADU day....
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