ES 1-2-09


GOOD MORNING AND HAPPY 09! order to sell one only at 905.00
3 point stop ,to start(short one at 908.75)
5 minute target was exceeded, so now the 15 minute UP target is 916.25....
dam, stopped at 911.75 ..loss of 3 ..now up 5.5 and watching
s from 10.50.....911 had the notch.....air below at 07.50
at the 896.50 low the 15 min deadly bar has a low of 896.75 and a high of 904.00..projects 915.75 i think
906.50 down projection.....
1 minute 20 EMA is at 908.00 or so
will set up long entry....906.50 to 908.00
Kool, would you use the low of the 10:00 bar (15minute) and the high of the 10:15 bar for this projection? Thanks
quote:
Originally posted by PDQ

Kool, would you use the low of the 10:00 bar (15minute) and the high of the 10:15 bar for this projection? Thanks

see the above post!
ok...Thanks again!
correct ,PDQ, THE DANGER IS A DECLINE ALL THE WAY TO 903.25... BUT I MAY JUMP IN AT 906.75 NOT SURE YET
Hi Kool. Interesting method of time and price.

I was wondering if you do use your cycle/price method for trading with the trend, and how do you climb on board in those cases. Or maybe today was unusual day for going against the trend?.

Thanks