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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.
quote:
Originally posted by koolblue

i got one cycle left thats slightly after 2:00 but that seems a lifetime away!

projection is now 834.75 unless we make a new high
s @ 45
selling agai at 45 area
flat 43
were at a ut line
great minds think alike VO!
I only had 1 on that last go around...bounce @ 41 probably
wish I hung in there on those sells
would like to see them challenge the ut line they just ditched
if they dont hold 41 here next trip 37
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.