Hello Mypivots,
As of this writting the High on the ES was 1254. If we take the low this A.M. @ 1243.75 and get the Square root which is 35.26684 and add (since it was a low, If it were a high then I would subtract .146) then I square the number by itself i.e. 35.26684 + .146 = 35.41284 now we square 35.41284 x 35.41284 =1254.06 or 1254 which was this A.M.s first high. I didn't trade since I didn't have another signal. I missed a great short, but I would rather follow my rules then trade on a whim. Also .25 works good and .382.
Todays high 1254, find Square root and subtract .25 and square it is 1236.3 or 1236.5, this may be a good trade since 1256 is another one of my numbers.
Happy trading
Joe
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Never made it to 1241-42 still on the back burner. Watching the Squar root -.25 from todays high 1247 = 1229.5 & 1228 is daily pivot and 1229 IS PRIME number. So I'll be looking for a bounce around those levels
CH
CharterJoe
Rep: 4,475
Posts: 2,352
And 1227.5 is weekly pivot this may be a good swing trade.
Long @ 1228.5
Long @ 1228.5
CH
CharterJoe
Rep: 4,475
Posts: 2,352
+11.75 points so far today, The reason I exited was the monthly pivot @ 1232.25 and thats one of my rules, but not enough to go short.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Heres some support below weekly pivot 1227.5 ESU08)
Square root - .382 from High today (1247) = 1220
Square root - .25 from High @ 11am= 1221.9
Square root -.146 from high @ 12:oo= 1225.7 1225 is also a Square of nine number and havn't hit it in a long time. 1223 is also a prime number.
Square root - .382 from High today (1247) = 1220
Square root - .25 from High @ 11am= 1221.9
Square root -.146 from high @ 12:oo= 1225.7 1225 is also a Square of nine number and havn't hit it in a long time. 1223 is also a prime number.