ES Journal - 2016

Discussion in 'Journals' started by Buy1Sell2, Dec 24, 2015.

  1. Buy1Sell2

    Buy1Sell2

    A stronger class A sell signal on the 15 now. It doesn't jibe with the 60 and 240 yet although 60 is attemping to form it's first sell signal since the hourly upside reversal.
     
    #281     Jan 22, 2016
  2. Buy1Sell2

    Buy1Sell2

    The earlier sell signal on the 15 while not reversal did yield 10 points so one could have fit the classic 6 inside that. That's a good profit target on a 15, 5 or 1 countertrend trade.
     
    #282     Jan 22, 2016
  3. Buy1Sell2

    Buy1Sell2

    A close below 1877 would signal a confirmed end to the bounce.
     
    #283     Jan 22, 2016
  4. 12316.png
     
    #284     Jan 23, 2016
  5. 300 pips = 100 ES points = 5 dollars in crude oil 12416.png
     
    #285     Jan 24, 2016
  6. Buy1Sell2

    Buy1Sell2

    If using profit targets intraday (1 min, 5 min, 15 min), 6 points is a very good target. It was when market was much lower and it remains that way now.
     
    #286     Jan 25, 2016
  7. 12516.png
     
    #287     Jan 25, 2016
  8. I've seen this happen before, its a second order trendline.. it gives you the impression trend reversed when the first one breaks, but the price ends up following a parallel line that matches the first line. es12516.png
     
    #288     Jan 25, 2016
  9. Buy1Sell2

    Buy1Sell2

    This sell signal Fri did carry us through the weekend and was good for 44 points from top to bottom without being a full blown reversal on the hourly and 240. Typically one would not have captured the entire move but there were definitely points to be made. Technical analysis works and it works well.
     
    #289     Jan 26, 2016
  10. how do you get moving averages to show on your tos charts?
     
    #290     Jan 26, 2016