ES short term trading 7-9-10

Sure doesn't seem like anybody is ready to buy today....I'm planning on selling any push up today..especially if they have the power to push it over 73..even on a report up spike..

63 - 64 seems likely to be tested..in general the O/N session extremes will be very important today

Originally posted by pt_emini

Sure thing Blue, sorry for the confusion in my postings.... this morning's open was pretty choppy, thus the back and forth on the direction. Generally I prefer to pick a direction and stick with it for a few hours.

Thanks PT.

So do you a set a target for your current short?

yes I always try to find a reasonable target to exit each trade. In this specific short trade my target was initially down at the 1065 area, right now it would be 1065.75.

Since the market has completely stalled in this lunchtime triangle, I decided to exit. In this case for a modest +1 point gain. The short trade could still work, but I am not good at guessing direction out of triangles...

Thanks PT

think it'll get to 1075?