ES 1-14-09

YM is banging on it's high volume bar of the day now at 2:33 est....interesting place....singles filling in on ES and YM.....

sorry bruce didnt see...I dont take them unless they retrace 50%...doesnt mean they are not valid at 38.2 I just dont trade them

261.8 projection off 836.0 double bottom

Isn't this chat room a free limited day trial

thanks Vo..that's logical

quote:

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Originally posted by VOwater

sorry bruce didnt see...I dont take them unless they retrace 50%...doesnt mean they are not valid at 38.2 I just dont trade them

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Nice charts that hit the spots ptemini. How do you trade them?

TIA

Here is the last trade of the day with my method
15:11:40 1 BUY_LIMIT 838.75
15:14:31 1 SELL_LIMIT 839.75

quote:

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Originally posted by Maria

Nice charts that hit the spots ptemini. How do you trade them?

TIA

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That is a short at the 261.8 Fibonacci extension level (845.75).