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Countertrend buy


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#1 NAV

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Posted 27 July 2007 - 09:13 AM

At 10:00 Est on ER2 and ES. As always, since it's countertrend, don't overplay it. I am taking the signal.

If the move sustains, targets for today ES 1513 and ER2 809.

9 points on ES and 9 points on ER2 in 12 minutes. Not a bad idea to take some off

Edited by NAV, 27 July 2007 - 09:15 AM.

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#2 rkd80

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Posted 27 July 2007 - 09:40 AM

couldnt act fast enough...guess ill wait for those targets...
“be right and sit tight”

#3 NAV

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Posted 27 July 2007 - 10:03 AM

Flipped back to a hourly continuation sell at 11:00 Est. Boy, is this market Jittery ? I am taking the signal again :D

"It's not the knowing that is difficult, but the doing"

 

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#4 rkd80

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Posted 27 July 2007 - 10:09 AM

boo :( looks like a higher low to me on the 30 min charts...
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#5 NAV

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Posted 27 July 2007 - 10:56 AM

Again, 10 points on ES and 6 points on ER2 since i posted the signal. Taking profits and going flat. The signal is still on a sell, but the downside momo is dying down.

Edited by NAV, 27 July 2007 - 10:57 AM.

"It's not the knowing that is difficult, but the doing"

 

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#6 rkd80

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Posted 27 July 2007 - 11:17 AM

Again, 10 points on ES and 6 points on ER2 since i posted the signal. Taking profits and going flat.

The signal is still on a sell, but the downside momo is dying down.


yeah so much for higher low. got out, but unlike you with a loss :( :(
“be right and sit tight”