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ES Friday


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#11 zoropb

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Posted 24 January 2014 - 09:43 AM

Yep, this 4192 Nasdaq is stubborn, if it breaks though we can fall almost 100 pts to 4097 if conditions develop.

Circuitous route, but once we broke 1824 we did get into 1814-1816 (SPX)

man looks like one of those sink holes in Florida down there.
I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.

#12 zoropb

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Posted 24 January 2014 - 09:44 AM

My team respect the bias no knife catching guys. This could turn ugly. Patience let the market tell you when it's safer.

Edited by zoropb, 24 January 2014 - 09:46 AM.

I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.

#13 SemiBizz

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Posted 24 January 2014 - 09:50 AM

Volume is not there, but maybe liquidity isn't either... Know more in an hour.
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#14 zoropb

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Posted 24 January 2014 - 09:59 AM

Volume is not there, but maybe liquidity isn't either...

Know more in an hour.

Pandora's box has been opened.
I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.

#15 SemiBizz

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Posted 24 January 2014 - 10:29 AM

Pandora's Box started with Target. What we have is an aversion to retail credit developing... When people don't feel safe using their credit cards... They go to the bank and get cash. When they pay cash, credit is destroyed. When they pay cash they don't spend as freely... Economies don't grow on diminishing credit, they need expanding credit. When the retailer gets cash, he pays his lines down, and makes more profit not having to pay the house 3-5% per transaction. That also destroys more credit When cash is demanded, assets have to be sold to create it. When assets sell, we have dislocations as currencies are swapped to satisfy dollar demand... So while we think we have a liquid market, look at what the F'eds are doing, withdrawing. Add it up, credit collapsing, cash crunch, F'eds withdrawing.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#16 zoropb

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Posted 24 January 2014 - 10:50 AM

Sounds logical Mr T. The smaller levels we have are all getting met with ease. Lets hope the 1790.25 larger level holds next on deck was 1797.50 To our Russell trader just went past the 1148 level on the big guy. yikes what a nuking.
I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.

#17 zoropb

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Posted 24 January 2014 - 10:56 AM

No doubt has a shot at the 1141.50 now. I know we talked about the bias yesterday but today you got to be loving it. :lol: We can talk back at the blog just have it up on the screen watching the massacre and had to say something sheesh.
I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.

#18 SemiBizz

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Posted 24 January 2014 - 11:14 AM

Is this that wet bag of dog crap you were talking about the other day...?

Posted Image Posted Image Posted Image
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#19 zoropb

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Posted 24 January 2014 - 11:27 AM

Is this that wet bag of dog crap you were talking about the other day...?

Posted Image Posted Image Posted Image


yep
I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.

#20 zoropb

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Posted 24 January 2014 - 11:31 AM

No doubt has a shot at the 1141.50 now. I know we talked about the bias yesterday but today you got to be loving it. :lol:

We can talk back at the blog just have it up on the screen watching the massacre and had to say something sheesh.

Bingo rus trader Got the next big level 1141.50. any bounce next one likely goes too. What a splatter.
I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.