ES Thursday 12-18-14

gonna kick it off with trying to answer a few questions from Tuesday trades....


and here is "M" pattern from today...trade it at your own risk like all of this stuff


key numbers for Wednesday Overnight and Thursday....employment report at 8;30 EST

bad trade execution hurt me today and i also made an error in reading the market. i hit my uncle point so i am going to sit out the rest of the day to keep my emotions in check.

They maybe want to go and test that prominent POC 2046.75 from 12/11.

i agree Aladdin. i was considering whether to flip my short and use that as a target but like i said earlier, i am a little gun shy so i will sit out.

they are trying to leave singles at 30 minute high so 40 and 42.50 shorts need to keep that as a target and potential retest area....I wouldn't want 2 c 43.75...that will be my uncle point assuming I can find something to short

taking small sells at 40.25 on the way back down...will try small and use new highs as stops on these trades

It is wise not letting emotions cloud your judgement, NewKid.

coming out heavy at breakout point..if lucky I will get one contract to run down to buying tail edge at 35.75 ...another one of our lines today

it plainly sucks to lose money but i am still paying tuition for the trading college and I will be damned if I forget this lesson. they got me today but i will get them back soon enough

lvn at 35.50 !

Like right now I'm sort of trading against Bruce...pretty scary, if I think about it.

no..I never trade at this time...never do after market trading but will sometimes take trades around 9 a.m EST...but even then it would be small

Originally posted by NewKid

Bruce, are you trading for those greenies?