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We are close to F7 fractal


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#1 .Blizzard

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Posted 03 April 2007 - 09:49 AM

F7 is almost complete... 1450/1452 ESM7 looks like.... a good entry point to short this thing
 
 
 


#2 nimblebear

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Posted 03 April 2007 - 09:58 AM

F7 is almost complete...

1450/1452 ESM7 looks like.... a good entry point to short this thing


fractal looks good so far. but what could be the reason for the market to go down from here ?
OTIS.

#3 vitaminm

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Posted 03 April 2007 - 10:06 AM

Fractal guided by this chart /1440+?

http://finance.yahoo...Pc %5...0&a=&c=
vitaminm

#4 .Blizzard

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Posted 03 April 2007 - 10:07 AM

F7 is almost complete...

1450/1452 ESM7 looks like.... a good entry point to short this thing


fractal looks good so far. but what could be the reason for the market to go down from here ?


I don't know :D
 
 
 


#5 CLK

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Posted 03 April 2007 - 02:07 PM

Blizzard.....would it not be likely we get a doji or two before heading back down ? I'm wanting to short but don't want to be too early, this could overshoot by another 1% or so.

#6 .Blizzard

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Posted 03 April 2007 - 03:56 PM

Blizzard.....would it not be likely we get a doji or two before
heading back down ?
I'm wanting to short but don't want to be too early, this could overshoot
by another 1% or so.


Another 1% up would invalidate the fractal

I shorted today half position at 1450 (ESM7) with initial stop of 17 points

If the market will go down, I'll add the rest below today's low
 
 
 


#7 CLK

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Posted 03 April 2007 - 04:08 PM

Blizzard.....would it not be likely we get a doji or two before
heading back down ?
I'm wanting to short but don't want to be too early, this could overshoot
by another 1% or so.


Another 1% up would invalidate the fractal

I shorted today half position at 1450 (ESM7) with initial stop of 17 points

If the market will go down, I'll add the rest below today's low



I'm hoping for at least one doji, the gap into a flat Bol band looks weak.

Good luck, I may be soon to follow.

Edited by CLK, 03 April 2007 - 04:09 PM.