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ES 12-8-08


GM Traders

Daily PP: 856.25
Weekly PP: 861
Monthly PP: 881
POC: 829.75

R1: 895.75
R2: 918.75

60m: 933, 980.50
15m: 910, 914.50, 922
yup, the 'deadly' 15 min is once again saying 911.75(if we dont see 892.75 again of course!)
1 off 96
stop 97.50
done
by the way the cycle came in nicely, albiet slightly early at 1:42!
only got 1 point then stopped @ entry been happening to me all day. I need more discipline shorted again 897.50 still looking for 888.00
If we can break 893.50 I should see my 888
cause your not playing the projections Mypto , what are you using for entries?
looking for a break back above 901, target remains 908
hellava short term trendline hanging around 898,,, proj. are all still valid unless 892.75 is touched... and a peak is coming in 15 min
How true Kool..the way I look at is if the market only trends 30 % of the time ( and that's probably generous) then we need to make most of our money on counter trend trades unless you are the type who can take many losses and win on the trending 30 % of the time...I can't
quote:
Originally posted by koolblue

you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!