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
,
thanks VO and look at where the YM was...no where near it's highs..
Pook...DONE... BRUCE,NO THE NAME IS NOT FAMILIAR TO ME.
SHORT 2 FROM 908.50,LOOKING TO EXIT 901.75 SHOW YOU WHY IN A SEC.
filled at 02.75....want new lows or 06.50 will take last out
BINGO..OUT AT 901.75..PLUS 6.75 EACH WOW! MY BEST TRADE IN A WHILE!
these new lows have their work got out if it's going to happen.....biggest volume bar is here to try and stop it
nice one Kool...I sent itto your hotmail......seems complez but I'm sure you will know where
he is coming from
nice job kool
on your chart Kool is that ONLY a time projection...exclusive of price?
quote:
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:
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.