S/R Emini Journal

Discussion in 'Journals' started by 4re, May 15, 2006.

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  1. pkts

    pkts

    Looks like a boring trendless day, maybe a BB day?
     
    #841     Jun 7, 2006
  2. 4re

    4re

    Working like a charm on using a 15 minute chart, isn't it...
     
    #842     Jun 7, 2006
  3. K-Rock

    K-Rock

    I went long after price broke 1264.75 (lower-high).
     
    #843     Jun 7, 2006
  4. 4re

    4re

    If you will look at your 15 minute chart your entry was perfect for the bollinger band theory as well. I just took my 69 long and got out with 1.5 points. Looking at the volume it looked like we were losing some momentum. At least for now and I gotta run here pretty soon. Good job. I was going to take the one you took with smaller position and go for more points. When it confirms on a 15 minute chart you can go for more very safely. I didn't though, just stuck with my guns.

    Good Job,
    4re
     
    #844     Jun 7, 2006
  5. K-Rock

    K-Rock

    Good job! I think it will go higher (through your target) after this pullback.

    But then again I see some divergences.:eek:
     
    #845     Jun 7, 2006
  6. 4re

    4re

    Take a look at this chart. It is very easy to see.


    4re
     
    #846     Jun 7, 2006
  7. 4re

    4re

    On the 3 minute chart it looks like we are forming a continuation pennant. It should be busting out shortly.

    4re
     
    #847     Jun 7, 2006
  8. K-Rock

    K-Rock

    Interesting...
     
    #848     Jun 7, 2006
  9. 4re

    4re

    Ya like that...I used to scalp the Q's using nothing but this method on a daily chart. Probably the first method I ever used successfully. While I was studying on S/R. I have these 2 methods down to a tee,now...At least I think I do anyway.

    4re
     
    #849     Jun 7, 2006
  10. pkts

    pkts

    ES must really want to go up....looks like it is reversing the BBpattern and turning upwards.

     
    #850     Jun 7, 2006
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