ES short term trading 5-14-10


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05may2010calendarimage
Stayed on the sideline watching and learning. So choked I didn't take the 50 day short and hold on. Or short the 1158 after seeing the outside bar off the 50 day. Knew 1135 was a great long. Didn't take it. Volatility was to much. Still having nightmares of 08.
PUSH!!!!!!!.......1130.75 / 1132.00 = resistance for me.....
go!!!!!!!!!
Oops, sorry, posted in the wrong area...
Originally posted by BruceM

so it seems my histogram on IB may be wrong...anyone else have a High Volume Histogram price up at 37 that is higher than the volume node at 30 or 31?

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Bruce,

Seems your right @ 37.00...I don't use vwap...I know kool says
load it just before open...I forget to load it...LOL
O.K.

I don't use vwap but I did read that vwap was showing 1130.00
area. I had 1130.75/1132.00 as a resistance area, BUT this area
had been hit bout six times so it was weak, anyway 1124.25
was where I hung my hat for a reversal as this was a major
measured move.
I do look for more down sometime, just thought we would
retrace a bit since we had hit that major measured move..
nice push Red and that 37 was just about 50% on the day so I wouldn't say that the sellers in the day session won today...
BTW I voted myself up..
Originally posted by redsixspeed

BTW I voted myself up..



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LOL...I can't vote myself up D.T. won't let me
but somebody did......
Originally posted by redsixspeed

Originally posted by BruceM

so it seems my histogram on IB may be wrong...anyone else have a High Volume Histogram price up at 37 that is higher than the volume node at 30 or 31?

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Bruce,

Seems your right @ 37.00...I don't use vwap...I know kool says
load it just before open...I forget to load it...LOL

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I loaded vwap just before market close = 1136.00