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#1 IndexTrader

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Posted 26 June 2009 - 09:42 AM

Yesterday I mentioned that the ES had put in a "thrust day" on the RTH daily charts....a day that took out the prior day lows, and then took out the prior day highs...closing at or near the high. From a price action standpoint this is a bullish day. Huge odds that we trade over yesterdays high today. Naturally this has nothing to do with sentiment or "internals" that we mostly read about here. It's strictly price action. Further, yesterday I mentioned that near term support should come in around the 905 area basis Sept ES. Likewise, a failure under that area would serve as a red flag that something was amiss. As I look at the daily ES chart, I see that it supported at the 50 day average (SMA), and now has put in a bullish thrust day. I'll be buying weakness today for a trade. IT

#2 eminimee

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Posted 26 June 2009 - 09:49 AM

I love it when you talk dirty

#3 IndexTrader

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Posted 26 June 2009 - 10:02 AM

:lol: I'll try to include more dirty talk in the future. IT

#4 eminimee

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Posted 26 June 2009 - 10:28 AM

Watch the very soiled and muddy point of OEX 426.26......we may reverse up from there.. PS..that's if es 908.50 wasn't the low....

Edited by Teaparty, 26 June 2009 - 10:32 AM.


#5 IndexTrader

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Posted 26 June 2009 - 10:43 AM

Wouldn't surprise me at all if 908.50 wasn't the low....I had an order at 8.25 that obviously was not filled. Got some at 909.00. IT

#6 zoropb

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Posted 26 June 2009 - 10:53 AM

Wouldn't surprise me at all if 908.50 wasn't the low....I had an order at 8.25 that obviously was not filled. Got some at 909.00.

IT

Outside of intra-day pops my stuff has not changed just confirmed south into Monday. fwiw

maybe 913-915 here

Z

Short to the gold buy trade: from 2900. Day total: 12/14   +26.75

Total +503.25

 

I run a traders Blog with high probability targeting on ES , closed to any new members.


#7 IndexTrader

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Posted 26 June 2009 - 10:57 AM

Wouldn't surprise me at all if 908.50 wasn't the low....I had an order at 8.25 that obviously was not filled. Got some at 909.00.

IT

Outside of intra-day pops my stuff has not changed just confirmed south into Monday. fwiw

maybe 913-915 here

Z


I hate to bucking your play here, but I guess I gotta go with what I see. Seems like the dollar is helping some today eh?

IT

#8 eminimee

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Posted 26 June 2009 - 10:59 AM

Wouldn't surprise me at all if 908.50 wasn't the low....I had an order at 8.25 that obviously was not filled. Got some at 909.00.

IT


if back over 912.50 Es ...probably was the low..otherwise...I'd still like to see my oex number....but a must hold

Edited by Teaparty, 26 June 2009 - 11:00 AM.


#9 zoropb

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Posted 26 June 2009 - 11:00 AM

Wouldn't surprise me at all if 908.50 wasn't the low....I had an order at 8.25 that obviously was not filled. Got some at 909.00.

IT


if back over 912.50 Es ...probably was the low

maybe just 912

IT I am pretty sure your going to get filled

Z

Short to the gold buy trade: from 2900. Day total: 12/14   +26.75

Total +503.25

 

I run a traders Blog with high probability targeting on ES , closed to any new members.


#10 IndexTrader

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Posted 26 June 2009 - 11:05 AM

Wouldn't surprise me at all if 908.50 wasn't the low....I had an order at 8.25 that obviously was not filled. Got some at 909.00.

IT


if back over 912.50 Es ...probably was the low

maybe just 912

IT I am pretty sure your going to get filled

Z


I'd love to get filled on my sell order up there above 818.

IT