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    DA
    day trading
    Rep: 39,586
    Posts: 6,369
    1
    Don't forget that today is a Fed Day. Resources for today:

    All fed rates over last 21 years:
    http://www.mypivots.com/trading/fedrates

    The ES on the previous 113 Fed Days:
    http://www.mypivots.com/trading/feddays
    LI
    Lisa P
    Rep: 6,498
    Posts: 1,428
    0
    sorry, 1 point
    LI
    Lisa P
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    Tradezilla, that was a VPOC
    TR
    tradezilla
    Rep: -17
    Posts: 335
    -1
    Yes, I find the VPOC to be reliable but the POC often gets burned thru.. however the VAH/VAL are often also very reliable
    LI
    Lisa P
    Rep: 6,498
    Posts: 1,428
    0
    my VWAP= 92.75.
    AP
    apk781
    Rep: 4,392
    Posts: 410
    0
    single print at 93
    TR
    tradezilla
    Rep: -17
    Posts: 335
    0
    Do you find the VWAP to be reliable?
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
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    nice trade ,Bruce... stopped out at breakeven at my long attempt and almost joined the party at 1188.00, but didnt muster enough courage to pull the trigger... still up just over 6 on the day so far(trading 2 es)
    BR
    BruceM
    Rep: 216,211
    Posts: 19,895
    0
    that's me done....Gone Roofing !!!
    TR
    tradezilla
    Rep: -17
    Posts: 335
    -1
    It will be hard to gauge a good directional move b4 the FOMC meeting@2:15.. prob a good idea to wait for the anouncement.. moves here are more for scalping which this forum doesn't like to do..
    DE
    della
    Rep: 550
    Posts: 588
    0
    Have fun bruce dont fall off (bine there )
    DA
    DavidS
    Rep: 3,181
    Posts: 557
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    Appreciate the sentiment but it's not about that. It was an event trade(earnings,fed,etc...) He/She who hesitates is lost.
    No news. No volume. Price is always the leading indicator. :)
    1998 was resistance. Didn't make it?
    Stopped at 1996.50 I think.
    The 1182 target was missed by a tick. Took about 4 minutes top to bottom. That was the event.
    Correction stopped below 1189. Other levels represented in corrections/ pauses and 1260 exceeded. Extension.
    This was posted pre fed announcement. The objective is to be right, in the trade, even if 98 was hit.

    Originally posted by destiny

    Originally posted by DavidS

    Trade plan
    1- shoots up to 1193.50 or higher to 1197, short as 1198 R level
    2-drops below lod, go with it using 1189, 1187 as s/r line
    1181-2 the 38%, target below that would be 1175,1171, or lower(1160)
    above 1198 will reevaluate
    between em all is 1193.50 key level imo and working good above and below so far today
    1189 should have been a buy signal? there's a message there somewhere 1193.50 the key to me
    maybe will muddle around in the area
    Magic Beans!


    You were right on the MONEY. CONGRATULATIONS.
    using price as leading indicator
    thinking overall down but subject to change my mind