ES Journal Archive (2011)

Possible H&S on the hourly ... m/r back to the TL, 200ema, or fibs (not to mention 2 gaps below) are good possibilities imho.

 

Yesterday was the 7th straight day we had a higher value area and POC than the prior day. They are getting more overlapping and thrusts are shorter, yes, but on strength I will be looking to buy.

http://screencast.com/t/5lUXNDqjermt

 

Upside resistance I am watching today 1265, downside support 1243

Not posting trades anymore. If I did, I would have to post like 20x / day.

 

bought 55, stop 53.75

 

stop to 55.25 (BE+1)

 

30 pt range day potential, eyeing zones.

EDIT: coin for big swings up n down

 

Out 56.75 (+1.75)

 

Buy ES at cash close....sell ES at cash open....Play golf, fish, ski. Leave the scraps to the ES tick suckers.


Ciao!

 

Looks like i'm late to the party.

you guys here early and already making $.

Hello all!

 

This would be quite easy to back-test... have you done it? Of course it will not be profitable over any significant period of time as it's too easy, but just curious as to how much one would lose doing this.