ES 12-18-2008

Good morning to the USA, good evening in Asia. As of now, 45 min before RTH. It took a steep plunge to the pivot at 903, all in less than 10 min.

As a short term scalper. Lets see for the first 3 mins to confirm EMA3 is on top of EMA9, 3 green candles with bearish resistance with MACD pointing up. Target 4 points with SL at 3. Trailing stop change to 5 when price changes to 3.

Have a profitable day everyone.
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WELL gotta get some sleep gang... good trading all!

sleep good kool

flat @ 4...sorta made a mess of that trade...had to sell more higher, which I dont like to do

i will! up over 20 handles and if i keep going ill give it back!lol c ya!

Sleepie, sleepie..Kool

all of this slow movement is making me sleepy

no fill at 02.50 yet..that is key zone high from developing volume

good now go get those 01.25's and then those lows...

dow has already made new lows

Giving away money in the EC....Wild!!

quote:

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Originally posted by BruceM

Thanks Vo that's what I had imagined ...so you can use price projection failures on the lower time frame to get you going in the direction of the larger time frame......

quote:

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Originally posted by VOwater

and yes bruce the bigger time frame projections do indeed carry more weight

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speaking of failures....*cough *cough

(im alluding to myself)

yes yes i need more confidence but poking fun at myself is better than seriously saying im a tool.