No registration required! (Why?)

ES 12-18-2008

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
crap...dead man walking
Originally posted by prestwickdrive

bigs -32250 now and haven't net bought off of 73.5

bigs -32600 now
ugh...I hate it when that happens
bigs buying - now net -26400
s 1 85.75 for 84
Hi BruceM:
Yes, failed Grails will signal a larger move in the opposite direction....One filter I use for entry is the 3-10-16 MACD: If the fast line on this oscillator has re-traced back to zero before the price has re-traced to the 20EMA, then I will try to enter a bit beyond the 20EMA. With that said, be aware that I have missed several entries by a tick or two by being too conservative with this entry.
flat @ 84 thought 127.2 would hold it

Click image for original size
No Description Entered
Actually, there is another 5 minute Grail in play right now, but I don't think it will get a full re-test.
Originally posted by BruceM

Thanks Vo that's what I had imagined you can use price projection failures on the lower time frame to get you going in the direction of the larger time frame......
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.
Emini Day Trading / Daily Notes / Forecast / Economic Events / Trading Indicators / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Features / Mortgage Calculator / User Pages / Donate

Copyright © 2004-2018, MyPivots. All rights reserved.