MyPivots
LO
lordalfa
Rep: 140
Posts: 264
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
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BR
BruceM
Rep: 216,211
Posts: 19,895
thanks VO and look at where the YM was...no where near it's highs..
KO
koolblue
Rep: 48,651
Posts: 16,032
Pook...DONE... BRUCE,NO THE NAME IS NOT FAMILIAR TO ME.
KO
koolblue
Rep: 48,651
Posts: 16,032
SHORT 2 FROM 908.50,LOOKING TO EXIT 901.75 SHOW YOU WHY IN A SEC.
BR
BruceM
Rep: 216,211
Posts: 19,895
filled at 02.75....want new lows or 06.50 will take last out
KO
koolblue
Rep: 48,651
Posts: 16,032
KO
koolblue
Rep: 48,651
Posts: 16,032
BINGO..OUT AT 901.75..PLUS 6.75 EACH WOW! MY BEST TRADE IN A WHILE!
BR
BruceM
Rep: 216,211
Posts: 19,895
these new lows have their work got out if it's going to happen.....biggest volume bar is here to try and stop it
BR
BruceM
Rep: 216,211
Posts: 19,895
nice one Kool...I sent itto your hotmail......seems complez but I'm sure you will know where
he is coming from
PO
pookster
Rep: 0
Posts: 82
nice job kool
BR
BruceM
Rep: 216,211
Posts: 19,895
on your chart Kool is that ONLY a time projection...exclusive of price?
FE
feng456
Rep: 994
Posts: 340
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.