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ES SRs and Fibs for 11/17/11


Below is a 60 minutes chart with the S/Rs for night and day traders.
Above 1233.75 I will be buying and focusing on uptrend.
if, below 1229.25, I will be selling and focusing on down trend.

Notice that in the chart there's a wedge and the measurement objective is down at 1205.00. Will see if it give it to us.

Later I will post the follow up chart for the 11/16/11 sessions. I try to play both sessions but by 14:00 I was too tire. lol

The market has the last word and in due time will show us the real deal in dollars and cents.-.

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, and incredibly profitable trading experience!!

Click image for original size
sp 500 es 60 minutes 111611 for 111711 before the fact chart
My stop on long trade is below 1229

Click image for original size
2011 11 171157
Tuff trade Lisa, that coil still unfolding. But, good shot, we never know till the market unfolds
Originally posted by Lisa P

My stop on long trade is below 1229
Tick just it 1000 low again
Trace that support trend line in the 10 minutes chart and then a resistance trend line. you will see the coil. or wedge wherever you want to call it. Will trade the breakout .
SandOxe - call it a pennant, as that is what it is...lol

We are still trading in pre-market range. A reminder to me not to trade in the middle of the range. Oh well....
"Occupy Wall Street" protesters trying to disrupt NYSE
Short 1227..00

Now trading 1226.75 12:11
They should move from Wall Street to pensilvania Avenue - where headquarters are...lol.
Stop at B.E. now. objective 1220 O/N low and possibly lower, will if give it to us
Ok, LOL
Originally posted by Lisa P

SandOxe - call it a pennant, as that is what it is...lol

Thx DT. In the world of trading, votes are the list of my concerns.
I do need it to clear that up today. People are going to come with "their secrets" But what they don't know is that in the trading industry, there no secrets. I assure you it has being done before!
But new people don't know that, and they are gullible and they think that that's the magic bullet LOL Till they own it and find out that it was not!

I love what is taking place, so much learning, in every direction...........

Thank you again DT.