MyPivots
    LO
    lordalfa
    Rep: 140
    Posts: 264
    0
    Good morning to the USA, good evening in Asia. As of now, 45 min before RTH. It took a steep plunge to the pivot at 903, all in less than 10 min.

    As a short term scalper. Lets see for the first 3 mins to confirm EMA3 is on top of EMA9, 3 green candles with bearish resistance with MACD pointing up. Target 4 points with SL at 3. Trailing stop change to 5 when price changes to 3.

    Have a profitable day everyone.
    Click image for original size
    45 mins to RTH 18 Dec 2008
    ,
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    0
    WELL gotta get some sleep gang... good trading all!
    PO
    pookster
    Rep: 0
    Posts: 82
    0
    sleep good kool
    VO
    VOwater
    Rep: 133
    Posts: 4,121
    0
    flat @ 4...sorta made a mess of that trade...had to sell more higher, which I dont like to do
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    0
    i will! up over 20 handles and if i keep going ill give it back!lol c ya!
    MA
    Margie
    Rep: 94
    Posts: 364
    0
    Sleepie, sleepie..Kool
    PO
    pookster
    Rep: 0
    Posts: 82
    0
    all of this slow movement is making me sleepy
    BR
    BruceM
    Rep: 216,211
    Posts: 19,895
    0
    no fill at 02.50 yet..that is key zone high from developing volume
    BR
    BruceM
    Rep: 216,211
    Posts: 19,895
    0
    good now go get those 01.25's and then those lows...
    VO
    VOwater
    Rep: 133
    Posts: 4,121
    0
    dow has already made new lows
    BR
    Bruce Johnson
    Rep: 130
    Posts: 193
    0
    Giving away money in the EC....Wild!!
    FE
    feng456
    Rep: 994
    Posts: 340
    0
    quote:
    Originally posted by BruceM

    Thanks Vo that's what I had imagined ...so you can use price projection failures on the lower time frame to get you going in the direction of the larger time frame......
    quote:
    Originally posted by VOwater

    and yes bruce the bigger time frame projections do indeed carry more weight



    speaking of failures....*cough *cough

    (im alluding to myself)

    yes yes i need more confidence but poking fun at myself is better than seriously saying im a tool.