ES short term trading 4-27-10

Well yesterday worked out almost as expected. Up early to 1215.75(1216.75), then down to 1210 area... but then the bulls couldnt push it up. We will likely see 1203.50 and possibly all the way to the 4.236 ratio.But after that we should push into the 1224 target zone (maybe tomorrow, maybe thurs.?)

Im long with you Bruce however at 1212.25 looking for a partial gap fill

I mean 1202.25

looking to get out at 04.25

1204 is my best so far..ON midpoint looms

out, could have gotten better fill caught some heat

flat at the 1205 print...05.25 is Low Time Pice..careful!!

classic trade...well done Rich..

Bruce nice call you got almost all of it

Almost Rich...that's one of the reasons I'm starting in the overnight but let me clear up something...I set up zones and will go in or out with market orders....so my sell on the "1205" print does not mean a fill price there....I don't want anyone to think I'm buying or selling .25 points off highs and lows consistently because I am not..

Originally posted by richd8980

Bruce nice call you got almost all of it

I haven't followed the Overnight (ON) prices in relation to the numbers we create off just the RTH session for too long although I've been aware of the obvious O/N Highs and lows for years.

I have a new found respect for the O/N and am working hard for new ways to capitalize on it. If you have any observations regarding the O/N or anything then please feel free to let us know about it and thanks for the input

Originally posted by TraderF

Bruce, regarding the O/N areas......seems like the last few months is has been mute but back when we had more range on the daily, the globex typically had a 8-10 range and would generate some pretty good entries before reg open. it was almost like clock work that it would align in a good zone at 7:45E

Lots of confluence in that 89 - 90 area...I hope it keeps going up in the ovenight for you Leo...