Tonight the EU session running into tomorrows open will be very interesting to watch!!! Next target at 892.50 and a new target now set at the 876.75 level. We will have to see if they can run that support tomorrow or the next day.......looking probable at this point.
Nice looking charts. I like the ones from market delta too. http://www.charthub.com/images/2009/05/21/es_mp_rth thanks
Market traded 893's and missed my target twice (target was resting at 892.50).....just covered next target at 894.00.....good enough! My next lower target is set at 876.75
Sighs relief...For a moment I feared you'd give away the secret timeframe in a public forum. Nice trading!. JW
Actually, I don't think there is a secret time frame....you could make a variety of time frames work out for you imo (fortunately the method is not time frame dependent). Use lower time frames of course for your entries and higher time frames for the bigger picture look.
Bottom line: Until job market recovers, forget about a BULL market. Continue to trade support/resistence levels and always remember: "Trade the mkt you have, not the mkt you want" jfw................you dipshit, no one said anything about the last few weeks. if you can not comprehend a simple statement without relating it to the past i suggest you go work at WENDYS.
tell that to the people going long the last 8 weeks successfully. shorting was not a good idea the past 8 weeks unless your swing trading on a higher time frame from the daily's.
That is the Delta set to Cumulative (Cumulative Delta) and plotted realtime as candlesticks. Delta info.......... http://www.linnsoft.com/tour/techind/vb.htm