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ES Friday 3-23-12


a look at the main areas for Friday based on high and low volume
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Change of plans.. will stop out@2.50 on 2 or hold for targets 7.50/5.. can't win em all...
beautifully done Bruce! Congrats.

Originally posted by BruceM

just went flat at 90.25. biggest trade in 4 years too in terms of getting a price swing..not boasting just pointing out that there are still opportunities in these markets. hope all have a great weekend
Originally posted by BruceM

just went flat at 90.25. biggest trade in 4 years too in terms of getting a price swing..not boasting just pointing out that there are still opportunities in these markets. hope all have a great weekend


Congrats Bruce on that trade!

You're right, there are still a lot of opportunities in ES and the volatility will likely pick up in the future.

I missed the buy at 1380.50 which did fit my set ups and here are some reasons:
- An identified level at 1380.50
- Price expanded to 3-4 pts outside of 20min OR/Outer extremity of ATR
- VOLD was not consistent to the downside. If it was, I may have still taken it but would have exited at a closer level like lower OR/VWAP and etc.. In this particular trade, had I taken it, I would have looked to exit at HV@87ish, which was your set from LV to HV..

Question: What made you aim for the other side of the bell curve?
thx