Your level was better than mine. :D I calculate using OHLC for the RTH session ending at 16:15 EST. How 'bout you?
Short ES @ 79.75, target 68.
Nice job, M71!! :) I have the PP at 80, offering 79.75 to get short. The only news I can see today is Factory Orders at 10:00.
Light volume days like this make it that much easier for the bigger players to smack the ES around.
Covered Sim Short @ 86, B/E. Trade getting stale, and beginning to look like some upside potential. Or just sideways...
The 15 min chart would certainly point to a retest of the 80 level. Just a question of whether there is any volume left in the market today.
Sim Short @ 86, stop 89, target 80. :cool:
I am sticking to my plan today, and have my platform set to "sim" to avoid temptation. :p Market seems to be lacking direction after the big...
Here's a good one for ES: http://www.elitetrader.com/vb/showthread.php?threadid=64965 :D
Solidly above S1 now, so looking like we could see more upside. I'm done for the day also, taking my money and runnin'!! :p
It is a moving target. I continually adjust the level until a significant reversal is in place. I also find that whenever we get a 50% level...
Yeah, what he said...
That is the biggest challenge for me in trading...taking action based on what I see, and not what I think. Right, Mastacoli71?? :)
Would be great to have you around, LF. Always good to have another set of eyes reading the market action. :)
Here's how it setup.
Thanks, guys!! :) I had 50% at 05, along with S1 at 04.25. Covered there 'cuz I don't like being long for long in a downtrend. This 04...
Covered at 1305, +5. :cool:
Long 1300, stop 96.75.
I have 99.75.
I am considering a long if we break above S2 then pullback to that level.
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