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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.
that is so stupid! the 61.8 is 35 thats why i chose it should have put stop @ 34.75
this looks very tricky in here for some reason the reads are in both direction
for all you onlookers and lurkers you just witnessed bad sloppy trading!
worst trader in the land - no question!
If thats true then the rest of us mustREALLY suck! LOL
not from wwhat I've seen sir
TRUTH BE TOLD , IN MY OPINION THIS IS A VERY DIFFICULT TRADING DAY! very typical for a friday , i suppose!
cycles say the party is over here , but it takes me so much courage to go against that 'deadly' 15 min..
singles fill @ 41.5
i mean were sooo close to everyones numbers between 841-847 and the potential pay off is huge! 817 retest ..813 or 805-8 its a perfect time for an option play but premiums are just too extreme for me!
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.