ES Short Term Trading 01-31-2011

Here is last weeks profile to get is ready for the new week.

short from 1279.75, but going to cover 1278.00 cause now we have Bruces triples on the 5 min chart(at 1279.75!)
which will definitely get taken out... will wait for 1282.00

out at 1278.25... (skittish here)...plus 1.5 on each(2 es)...watching..

According to the one min chart,first support is 1277.00, then 1275.25. Guess i jumped out of my short too soon!(but i still feel it was justified)

Gotta sit and wait here...that is a poor high which should be run out ....

Here is VWAP and CD. Some support on VWAP at the 10:00 bottom.

and your chart shows CD diverging up here in the daily and weekly pivot...along with volume and TICK

short 81.50....agressive due to new volume coming in

Bingo!...1282.25 dead nuts!...short from 1282.00

I'll TAKE ONE OFF AT 1280.50 in front of the 1280.25 minimum one min projection and the 5 min air at 1280.00

Hi Bruce, Thanks again for your input. This may be a little wordy, but this should give an indication of the 'fade the first move by a Fibonacci of the Stretch calculation and applying that price rotation to the formula (3, -1). The -1 is the counter trend 'fade' price move. I am looking forward to your shared mutual interests.

YMH1: Sold short in 1st minute: 11753. Reversed at 11698 and offset the long at 11638 (1.618% bounce off the low).(Rational: Settlement: 11775- 2.618% of today's Stretch (26 x 2.618=68. 11775-68= 11707. Friday's last trade was 11762 -68=11694. Friday's settlement: 11775-68=11707 or 11751-68=11683. Average of the three projected a low=11694. Tonight's low is 11690. Prices bounced back to unchanged and filled the gap. January 31

YMH1: Applying the (3, -1) formula to the strategy that trades from unchanged and fades the first move by today's Stretch calculation, 21. Previous settlement lifted up to the high, i.e, 11930+21=11951 and reversed back to unchanged. Prices fell below unchanged by 63 pts, i.e., 11930- (3x21)= 11967. 11964 = low.
Another nearly perfect fit. 25 January 12:44PST


YMH1 strategy; price rotations basis 1.618% and 2.618% of today's Stretch calculation, 24=X. 1.618X=38 and 2.618X=38: Trading from unchanged, 11822 lifted 50% of 24 and failed 11838 to 11806 reversing to 11870 (1st high ... 11806+64=11870= +2.618X +2pts). 11870 fell to 11808=62pts=2.618X. Unchanged + 4.25% of X=11924=11822+102=11924. High:11936. 24 January 12:34PST


Basis YMH1: Trading from unchanged and fading the first move by today's Stretch (26=X) calculation and applied to the (3, -1) formula, satisfied this formula and range projection within a small margin of error, 3 pts above the low and 5 pts below the high. 11774-X=11748 11745=low). 11774+ (3x26)=11852. High-low=112 pts, i.e., 11857-11745=112. 110=4.25% of today's Stretch, 26, calculation.
21 January 16:12PST


I'm sick in the head (lol) and going back to bed.
Take a look at the March $5 Dow intra-day chart. The trading strategy is to fade the first move, e.g., when it is counter-trend. The first move was down almost 1.618% of today's Stretch calculation (25), and then reversed, from unchanged, three of today's Stretch calculations. This fit...s the (3, -1) formula.
18 January 14:13PST

YMH1, Trading from unchanged; fading first move as applied to (3, -1) formula,; Stetch calculation =24=X, 1.618X=38, 2.618X=62 and 4.25X=102: Unchanged, 11683+Stretch, 24=11683+24=11707. At 11708 reversed in the early A session. 11708- (24x3)=11636=11707-72=11636. 11627, 14 Jan low reversed up to 11740. The low 11627 + 4.25X= 11729, i.e., 11627 + 102 = 11729. Prices have started a retraceal lower from the 11740 high. 14 January 12:07