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ES 10-31-08


1short @ 49 area
chickened out at 954.50, caues the 5 min chart shows thi uprush could last a while longer
Did anyone calculate the +50% IB extension?
Hey Kool thanks for your posts. I am reading the 5 minute chart right? Will we have a possible sell coming up at bar 26 or 11:50 time?
quote:
Originally posted by prestwickdrive

Did anyone calculate the +50% IB extension?



66.75
quote:
Originally posted by Benny

quote:
Originally posted by prestwickdrive

Did anyone calculate the +50% IB extension?



66.75


Those IB breakouts / breakdowns have been incredible trade opportunities. HOD thusfar = 66.75.
quote:
Originally posted by prestwickdrive

quote:
Originally posted by Benny

quote:
Originally posted by prestwickdrive

Did anyone calculate the +50% IB extension?



66.75


Those IB breakouts / breakdowns have been incredible trade opportunities. HOD thusfar = 66.75.



Yes they are nice depending on the IB size IMO it did help that we were up there in globex session and failed also
looks like crude is under a short squeeze
Eman, your exactly correct and i almost took that trade!(refined to about 11:54 by the 1 min chart) but i had to run and take my daughter to a job interview! Sorry bout the late reply!
going back to the 5 min chart after that peak at 11:54 the 5 min proj. was 956! look where we turned pal!
Thanks again Kool. Can you let me know when you discuss and explain price projection. I am very interested.