ES Monday 9-19-11

Here's my ES 30min Monkey Map of PASR levels as Red with White dashed lines as Wkly Pivots ... and Volume Profile of the past 20 days on the right vertical axis. The Gray background areas show overnight (non RTH) areas. Have a Fib cluster in and around 1183 as well (though not drawn in). Hope this is helpful.

The Open is also the second Hour High should be a good bounce trade there

I see it.. that trade should have a full 2pt stop, there's a balance area @ 87.75 which can have another support

The 8ema crossover on the Russell is also good for scalping..

1:15pm/et will likely give us some direction where the market is headed next..

The question is, how can we improve upon my method?...otherwise this is a waste of time!

Back to I B High from here?

That was a no brainer trade good for +1.50pts

Its lunch tie in NY so we may go sideways for a while

Why fix something that isn't broke?..just saying,,

Every method has advantages and disadvantages in various market conditions, but used in combination with a few other effective filters becomes very effective.. Yours was certainly effective today..

Id go broke trying to read todays posts and trade. In the morning I look for Bruces levels and see how they mesh with mine. Reading any more here will probably cause a brain fart {for me anyway}. A 1.5 stop in 35 pts ranges which we have been having is suicidal in my opinion. You can get an execution and stop at the same time. Best wishes and good trading RB