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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 missed the 2nd time kool...look for mid 50's
Originally posted by koolblue

PT, What charting service? (when u get time)

Its just the standard Ninja Trader... allows me to move my orders around directly on the chart... I can draw these projections in 1 second...

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out 856.50.. now that was a textbook cycle trade!
margie I use TS and Multicharts
should see the mid 40's...confirmed double top
MAN, IM JUST GIDDY... rough going all day and that last'scalp was a 11 handle winner! now up 24 and ive been selling all the way up! BEHOLD THE POWER OF FIB PROJECTIONS!
and the cycles of course!
this area should be res. if not they want more
What's prog. for top?
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.