No registration required! (Why?)

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.
Click image for original size
45 mins to RTH 18 Dec 2008
welcome will have to explain as im not familar with the specifics of her trade
Hi VO:
The 5 minute ADX must be above 30, which signals a short-term trend move, and the price must re-trace to the 20 period EMA. The 20EMA is the entry point and the objective is a re-test of the recent swing (885.50 in this case).
thanks for the explaination PDQ
we have that 73 - 71 as the next big magnet...
60m has a number at 73.75
got a deadly 15m @ 76.75
singles 74.5-75.75 and 75.75-77.25

nice call on the 85.5 PDQ
This is my Quote page goes with every chart. Checkout Trins, Adv-Dec & Volume.

Click image for original size
No Description Entered
Thanks Prestwickdrive:
This is one of LBR's trade setups and it's one of the most reliable that I've seen. It works on any time frame and the accuracy is 90% or better for at least a partial re-test.
l @ 74.75
Originally posted by BruceM

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

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

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.