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.

I got it..thx Al!! good to see you on here..

Originally posted by tradezilla

IS your IB the 1'st hr?

I B is always the first hour as in Market Profile Terminology

IB & 3day rolling around same place 81-82.. May be a scalp play to the long side though given the down day

Long the I B Close, again, this market is undecided or in balance

Looks like 1187 will be the breakout

First pullback to the EMA will be a winner

Y, 1187 is the local pivot, if we go through, 96/97 may be a potential target and resistance

it does need to get through the IB @ 91 then 94.50

First pullback wins + 1.25 pts

Back to I B Close, balance profile developing

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