S/R Emini Journal

Good job. That long doesn't look like it would quite get us the 2 points. In fact there are several small levels on the upside that make it kind of difficult. I want to see them all get taken out before going long. The short one however appears to be pretty good at 1320.50.

Here are my numnbers for tomorrow. I marked in red the levels I want to break through and the ones I'll be taking are in blue.

Long 1334.50 - 1338

Short 1320.50 - 1317.25

Have a good trading day,

Gary

 

i have a feeling monday will be a good day for trading....

 

everyday is a great day if u have a super robust system that is designed to capture all market action all the time..... emini daytrading that is..........

 

Gary,
After reviewing your methods in detail I think I'll use them as a back up conformation to my own trade entry signals. It looks pretty solid, as if my opinion means anything.
A question though. Don't you think that going long at 1330.0 would meet little resisitance until 1334.0? If not, would you please explain what I'm missing. Thanks for shareing your experience.

 

Thanks, feel free to use this as you see fit. I hope it helps you some. Here is you chart with explanation. Just remember it is only an opinion though.

 

Got it. Thanks for the speedy reply. Still much to learn.

 

No poblem. You caught me doing some charting. Gotta be prepared for tomorrow.

 

Does the selection of 1334.5 relate to the Tues. high? Otherwise, this one escapes me.

 

No, it relates to the reversal shown on my chart.

 

Thanks. Need to think about it for a while. I had chosen 1332.5, 1339.75. I have been following for a while and am mostly in agreement. This time it seemed less obvious to me and I wondered what I was missing.