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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.
60m 500sma 60.75
great trade kool! I was lagging
covering the other!
correction: 261.8% = 868
out at 59 on both scalps! plus 6 total up 9 on the day ... watching
selling one
s @ 67.75
As to my 879.50 prog. didn't we have a prog of 60 min 876.50 & 15 min 875.25?
1 off 65.50
short one at 866.25, 3 point stop
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.