ES 1-9-09

GM Traders

VO, assuming the 100% extension is your first target- what is your minimun r:r for entering a trade?

ahhhh.. double tall mocha! now im ready to trade! LOL

FOR THOSE SCALPING THE 1 MIN CHART, PROJECTION UP WAS 895.50 just achieved. now projection down would be 890.75,minimum unless 895.75 is touched again

you always want at least double, but really 2.5 - 3 is best...they wont always give you that. and I always use the 100% 1st target for my decision even though the great majority will see 127.2 or better

Kool, now that you are recaffeinated could you tell me- do you also use 123s as entry and how do you use the 54 ema- just S/R? Thanks

selling one

einstein its rare that I take one where my stop is 4 or worse

TY VO. So if you have a 2 point stop you usually dont enter unless sthe 100% is at least 4 points away?

short one at 892.25,stop and reverse 891.00..i hope

close under the pivot at 89.50 confirms a little DT which says we will see lows

quote:

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Originally posted by vast524

Prestwick. Are you just reading this by the Dome and the T&S chart?
Regards

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The singles were from the pit session TPOs. The read on big money net position is from a BAV chart.