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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.
WELL, FINALLY 30 MIN IS ALSO OVERBOUGHT , BUT ODDLY 60 MIN NOT QUITE!
Man, you really called todays action correctly VO.. CONGRATS!
flat 62.25
I LOVE THESE KIND OF DAYS!!!!!
do we try for the highs again???
what you really mean kool is that it was about time that I finally got something right!
VO, do you ever have trouble with OEC? When you quoted those rates the other day I looked into them. They give you a demo for a couple of weeks. I was in there today and the demo went down nd created all kind of strange orders. It kinda freaked me out to try them live. Could you give us some feedback when you have a moment?
HARDLY, FRIEND! its just all the pieces were in place for a break of 800 and maybe a valid retest of the yearly low... which i promise will come someday(80%chance)
looks like it wants to end the day and week with a triangle forming to keep us all guessing!
no margie ive never had trouble with them...but I can tell you that I really dont care for their DOM, but never problems like you describe....fwiw i never tried their demo
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.