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ES 12-05-08


GOOD MORNING ALL! Well as you know im not a big fan of longer term forecasts, but i keep getting asked so much that thats why i posted some views the other day on the globex thread and the trading strategies forum. I bring it up not to receive plaudits but because im trying to 'teach' you that the techniques i have shown you here(price proj. and cycles) work on any time frame and in any market for that matter! I have always made good money from the markets but my dream has always been to create an 'army' of traders as skilled (or better!) as i am to level the playing field at this giant casino we call the financial markets. When i made the case for a top in the market tue-wed with 872.50-877 being the prime resistance area im sure most were skeptical, and heck, coming off of the most oversold market in history thats understandable.
I FEEL VERY STRONGLY ABOUT THE 808 AREA, but time will tell
s @ 23.75
lotta averages between 823.75 and 825.25
should have gone but didnt
i really feel im gonna pop off a big one today(not necessarily on this trade) but i just feel it coming!
out 24...it may go but will be without me
The only problem here is that darn 5 min bar at the low ..projects 833.75 but im hope ful it gets negated.. if im stopped and that happens ill sell again..big!
cycles are strongly in our favor VO!
why jump! you should have just sold at 821.75 right?
go to zero you @!#@#&*$!oh well...my setup was invalidated so I stick by trade
Welcome to the forum UKtradergirl


These dynamic charts (volume and tick charts) take a little getting used to at first. VO uses a 610 tick chart which matches my volume chart fairly closely.