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ES Trading for 11-2-11


These are the low volume areas where I will look to initiate, given Market Delta signal.


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noname
classic al brooks Doji thing-a-ma-bob on the 5 minute...a sure sign that this trade won't work...ha



stopped out as I type
Wait until 3:00 Bruce. This is just chop.
it's all just chop....being near the middle on a neutral day will have me close up shop on the day...back over our 29 - 31.25 from 10-26 and $ticks trending up....back at todays open.....

best for me to stand aside .....as most afternoon sessions are...I'll leave this to the fib pro experts and those who think the ES trends
Back from lunch. I see that stimulus is driving the market. Will look to short again at 1237.00.-. .....
Originally posted by sandoxe

E.W. (Elliot Wave) Traders. Notice that the price made a (v) wave of 3 (seeing 3 min. chart) Now working on wave 4 and as always some zig-zags, (again 3 min. chrt, during lunch) ) possibly abcde format and then the 5 wave down. (some profits should have being taking at 1223.00 evaluation area, and entering short again in the 1227.00 or at high of "e" )

Will see, In due time the market will show us the way.

Originally posted by sandoxe

ES tested 1237.00 at 12:40 and failed to overcome it. short 1236.50 Stp now at B.E.
For E.W. traders. 10M, chart we are in 3rd wave down. Count void if above 1238.75. first objective 1220.00 .- supports for trade evaluation 1227 area. 1223.00, 1220.00.

Below 1220. -. 1216.00 and 1208.50

ES now trading 1230.75 @ 12:57

As always, the market has the last word and in due time will show us the way.




Originally posted by sandoxe

1237.25 is 38% ret. from yesterday's low and 1283.50 high. Price is testing it as resistance (ES has tested it overnight and it's back to test it) Overcoming 1237. 25 and testing as support (3/5 min. chart) will target 1248.00 by end of session.
Failure to find support at 1237.25 will target yesterday's low and much lower in few days.

ES trading now 1235.75 @ 11:45


Almost left without me. short 1235.25 Stop 1237.25
ES now trading 1232.25 @ 15:35
Originally posted by sandoxe

Back from lunch. I see that stimulus is driving the market. Will look to short again at 1237.00.-. .....
Originally posted by sandoxe

E.W. (Elliot Wave) Traders. Notice that the price made a (v) wave of 3 (seeing 3 min. chart) Now working on wave 4 and as always some zig-zags, (again 3 min. chrt, during lunch) ) possibly abcde format and then the 5 wave down. (some profits should have being taking at 1223.00 evaluation area, and entering short again in the 1227.00 or at high of "e" )

Will see, In due time the market will show us the way.

Originally posted by sandoxe

ES tested 1237.00 at 12:40 and failed to overcome it. short 1236.50 Stp now at B.E.
For E.W. traders. 10M, chart we are in 3rd wave down. Count void if above 1238.75. first objective 1220.00 .- supports for trade evaluation 1227 area. 1223.00, 1220.00.

Below 1220. -. 1216.00 and 1208.50

ES now trading 1230.75 @ 12:57

As always, the market has the last word and in due time will show us the way.




Originally posted by sandoxe

1237.25 is 38% ret. from yesterday's low and 1283.50 high. Price is testing it as resistance (ES has tested it overnight and it's back to test it) Overcoming 1237. 25 and testing as support (3/5 min. chart) will target 1248.00 by end of session.
Failure to find support at 1237.25 will target yesterday's low and much lower in few days.

ES trading now 1235.75 @ 11:45



lots of annoying double 30 minute bars....ledge at 37 even and at the highs....double lows 22.25....it would be cool to see them blow out the tops into the close
See if give us that 1222 again and the earlier posted objectives. Trailing stp at B.E. or free trade now.-.

ES now trading 1231.50 @ 15:45

Originally posted by sandoxe

Almost left without me. short 1235.25 Stop 1237.25
ES now trading 1232.25 @ 15:35
Originally posted by sandoxe

Back from lunch. I see that stimulus is driving the market. Will look to short again at 1237.00.-. .....
Originally posted by sandoxe

E.W. (Elliot Wave) Traders. Notice that the price made a (v) wave of 3 (seeing 3 min. chart) Now working on wave 4 and as always some zig-zags, (again 3 min. chrt, during lunch) ) possibly abcde format and then the 5 wave down. (some profits should have being taking at 1223.00 evaluation area, and entering short again in the 1227.00 or at high of "e" )

Will see, In due time the market will show us the way.

Originally posted by sandoxe

ES tested 1237.00 at 12:40 and failed to overcome it. short 1236.50 Stp now at B.E.
For E.W. traders. 10M, chart we are in 3rd wave down. Count void if above 1238.75. first objective 1220.00 .- supports for trade evaluation 1227 area. 1223.00, 1220.00.

Below 1220. -. 1216.00 and 1208.50

ES now trading 1230.75 @ 12:57

As always, the market has the last word and in due time will show us the way.




Originally posted by sandoxe

1237.25 is 38% ret. from yesterday's low and 1283.50 high. Price is testing it as resistance (ES has tested it overnight and it's back to test it) Overcoming 1237. 25 and testing as support (3/5 min. chart) will target 1248.00 by end of session.
Failure to find support at 1237.25 will target yesterday's low and much lower in few days.

ES trading now 1235.75 @ 11:45




well, it's 15:52 I'm pulling out here at 1232.25.
ES now trading 1232.25 15:54
Originally posted by sandoxe

See if give us that 1222 again and the earlier posted objectives. Trailing stp at B.E. or free trade now.-.

ES now trading 1231.50 @ 15:45

Originally posted by sandoxe

Almost left without me. short 1235.25 Stop 1237.25
ES now trading 1232.25 @ 15:35
Originally posted by sandoxe

Back from lunch. I see that stimulus is driving the market. Will look to short again at 1237.00.-. .....
Originally posted by sandoxe

E.W. (Elliot Wave) Traders. Notice that the price made a (v) wave of 3 (seeing 3 min. chart) Now working on wave 4 and as always some zig-zags, (again 3 min. chrt, during lunch) ) possibly abcde format and then the 5 wave down. (some profits should have being taking at 1223.00 evaluation area, and entering short again in the 1227.00 or at high of "e" )

Will see, In due time the market will show us the way.

Originally posted by sandoxe

ES tested 1237.00 at 12:40 and failed to overcome it. short 1236.50 Stp now at B.E.
For E.W. traders. 10M, chart we are in 3rd wave down. Count void if above 1238.75. first objective 1220.00 .- supports for trade evaluation 1227 area. 1223.00, 1220.00.

Below 1220. -. 1216.00 and 1208.50

ES now trading 1230.75 @ 12:57

As always, the market has the last word and in due time will show us the way.




Originally posted by sandoxe

1237.25 is 38% ret. from yesterday's low and 1283.50 high. Price is testing it as resistance (ES has tested it overnight and it's back to test it) Overcoming 1237. 25 and testing as support (3/5 min. chart) will target 1248.00 by end of session.
Failure to find support at 1237.25 will target yesterday's low and much lower in few days.

ES trading now 1235.75 @ 11:45





late posts with no real reasons ...I'm disappointed in forum life as most know....seems to be degrading into a paper trading forum especially lately....

Most need to align themselves with things they can sink their teeth into...find methods that they believe in. I believe in very few !

I agree with the statements that there may be many ways to trade the market. I just don't believe there are many "profitable " ways to trade the markets...a very big difference.

It's too easy to snap lines on a chart and come back after a trade works and avoid being accountable when the lines fail.. The sure sign of paper trades being made is when a chart is posted later to "Prove" the great market call yet no mention is made when the trade/calls don't work out.

I can't compete with paper. Just can't be done. I will always lose.

So if they run the 37 and the highs then the shorts are still in it ? Just kills me !! It is truely the "never lose" method of trading.

I gotta roll!!
That was fun!

In trading you have to have more than just a hammer in your toll box! MP works and works best if you integrate it with other tools. And for those who are saying that the ES does not trend , look at a 3 minute chart! Do you see small trends there?

I want just the opposite....please post MORE.....this would be typical of the fib traders when backed into a corner....they would want an excuse to not have to demonstrate over time that they can trade fibs real time. They would want to stop posting!

I've busted my hump here for years posting my trades and my thoughts as close to my entires as I possibly can. Good and bad...folks should see that the first 90 minutes are my thing and then after that my trades don't work as well. It gets ugly sometimes...So now you have a great opportunity...to either rise above and prove it can be done with fibs...or back down....

we'll see how this plays out...usually it is some "after the fact " stuff that gets posted...

I'm heading out for some overdue family vacations so won't be posting for a few weeks or trading. I want nothing more than to have a forum where there is lots of cool and educational stuff that folks can try to learn from and duplicate over time.

All methods and ideas are always welcome here but posting some lines on the chart after the fact doesn't do much. Mp isn't the only answer but is for me...no big deal really... I'm always looking to learn too and I'm just not learning anything about actual trading from the fib posts. Perhaps that can change.

I wish everyone the best and don't want to continue an "argument". No extra words or comebacks to me please. Lets just move forward from here. The proof will be in the posts.

Bruce


EDIT: I'm sending Sandxe a private message so there is no way to avoid this post.
Originally posted by sandoxe

Hey, Bruce, there's no need for me to post. I really thought we can all work together, but I can see that I was wrong.-. You have people here that needs you. I will stop posting, since my posts are not really for this forum.




Right now, next hours, next days, next weeks, next months and next years to come, I see for you the same I see for my self: Having the very best of luck, fun, awesome, incredibly profitable trading experience!!