ES Short Term Trading 02-24-2011

Weekly RTH profile going into tomorrow. Notice the HVN's at 1306.25 and 1314.

bare bones mimimum objective is 1300.75 , tho 1299.50 is probably more likely, so i'll exit 1301 and change

This is turning sour quick!...stopped at 1306.75 loss of 2.5 on each es... watching to re-sell

Originally posted by koolblue

This is turning sour quick!...stopped at 1306.75 loss of 2.5 on each es... watching to re-sell

man, if only i had used my usual 3 point stop id still be ok!...im not sure why i tightened up , but i guess hindsights always best! i still thiink we may be going lower... sigh

Told ya!...sigh... i'll be a buyer for a short term scalp at 1299.50

nice bounce off of the 1300.75...1304 or so should cap it tho... looking for 1299.50, then retest of the low ,and eventually 1289 and change?

Originally posted by koolblue

Told ya!...sigh... i'll be a buyer for a short term scalp at 1299.50

...well i did fill long at 1299.50, but im so dog gone negative here im bailing on this trade soon!...probably around 1301

FINALLY FILLED... theres plus 1.5 on each... now down 2 on the day...watching

hey! Am i the only one freakin tradin today, or what!?!

Here is a look at the VWAP and CD picture. No divergences to speak of currently.

i am here fwiw...i bot 1299, had a few confluences there...my 5min chart shows 1293.5 as the 261.8 fib ext (13 min also coming up with that area) so a retest of the lows is likely, as you mentioned

Thats for sure!..at least i got a few handles ouuta them!.. Herea one min chart cause it has the numbers to watch! ..dont forget the hourly wants 1283!... gotta get some sleep!..