Trading the Pivots

Yeah, that's a good call, got stopped, it's probably gonna go in drib-drabs with a weak recocery in the afternoon session.

Thanks for the info.

Best,

JJ

 

Yeah, it can definitely be a slippery slope.

Thanks for the input.

JJ

 

Long @ 1304.50

Same number of contracts (2x)

Protective Stop @ 1302.50

 

OK....I will join you with a scalp LONG @ 1305.00 for a target at 06.00

 

?

 

1304 is the R3...should hold until beige book at 2pm.

 

nice, what made you take it?

 

This was a decent ES LONG set-up imo...........

http://www.charthub.com/images/2006/09/06/ES_317_VB_2.png


YM looked strong at the time of entry so this was a very good scalp trade off the ES 1305 MP level (no new selling in the 1305 area....sellers started covering)...........

http://www.charthub.com/images/2006/09/06/YM_317_TICK.png

 

Yes....filled and now flat.

 

Hey is that a linear regression channel on the ES chart?