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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.
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45 mins to RTH 18 Dec 2008
L @906
Hey u read the newsletter of Michael Jenkins...?
stopped 9.25...small loser
s 08.75 again...bad spike could pop to 914 in a flash
Originally posted by koolblue

MARGIE, check your e-mail when you get a chance! i like this guy! his numbers are similar to mine and outlook also

Thanks Kool. I emailed you back
want those 05.75 doubles..
secondary target is the 02.50 volume high
Kool....could u send me that email too please?
trade back to 07.75 will stop me out if no hit on the 02.50

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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.