ES 1317.00 Level

Discussion in 'Trading' started by 5Pillars, Mar 18, 2008.

  1. Heads up to all - 1317.00 is an important market profile level for today. This is kind of what I would call an over/under area - I will short this area until I no longer see negative delta divergences at or near this level (1315 to 1319). Positive delta at the 1317.00 will most likely show a breakup move, so watch for that today before or after the fed news. :)
     
  2. 1317.00 touch and filled short at 1317.00 - nothing all the significant with the delta here so far.
     
  3. Anyone buying June ES @ 1317 now today? @ 12.23 cst 03-18-08
     
  4. Its only up 37.00, we got another 20 to the upside today right?
     
  5. No 1252 huh? Bull market continues.
     
  6. Covered 33% 0f trade at 1315.00 with stop at breakeven. Price may work this area or cycle for several attempts prior to a break up, that tends to be the pattern at levels like this if we are going to get the break.
     
  7. 1317 entries out at breakeven and sold 1317.50 level (missed fills at 1318).
     
  8. Covered 33% of position at 1315.50 with stop at breakeven - getting close to Fed news now.
     
  9. Covered 17% of position at 1313.50 - stop at 1317.00
     
  10. 1317.00 stopped at + 2 ticks and sold 1317.50 level again - no fill at 1318.00.
     
    #10     Mar 18, 2008