No ND for the top, but equally convincing double top right on 432. Tricky day, ruled mainly by the 100MA until the drop.Picking the bottom was tricky and you could be forgiven for taking 370 at 20:45.... But was it a long entry? No... you needed to wait for 375 to go,which it didn't. Also a quick check on ES vol showed NO divergence. ...Worth a risk coming off 364 though...
Attachments
Easy trades taking the 64's 32's and divergences. OK so you didn't make 400 at the close, but so what? It was only 10 points short. One of those really strong closes coming way off a bottom. Take what is given to you on a plate and don't worry about the left overs- they're for someone else. Should have been an easy 100+ today.....
Attachments
TraderTony
Active member
- Messages
- 180
- Likes
- 1
This looks to be a very interesting thread but I am clearly joining the party very late and wonder if there is any link that describes the basic strategy and setups Chartman is taking?
Many thanks,
T
Many thanks,
T
Search the archives for 'dow intraday'.... There is also a weekly summary in word format that covers a lot.
http://www.trade2win.com/boards/showthread.php?t=5063
http://www.trade2win.com/boards/showthread.php?t=5063
TraderTony
Active member
- Messages
- 180
- Likes
- 1
Thanks Chartman - I'll start reading through the archives.
dc2000
Veteren member
- Messages
- 4,766
- Likes
- 129
Hi Peeps for today Im looking to trade 350 to 430 and ultimately for the week to go to 488,
Idealy we would drop from the open 1st hour then higher before slightly down into close should this invert then the 488 would probably cancel.
As always this is not intended as an invitation to trade just my thoughts
Idealy we would drop from the open 1st hour then higher before slightly down into close should this invert then the 488 would probably cancel.
As always this is not intended as an invitation to trade just my thoughts
dc2000
Veteren member
- Messages
- 4,766
- Likes
- 129
Hi Peeps
Well yesterday did exactly what it said on the tin and with a little bonus of hitting the weekly target aswell.
now I should realy take today off cut the grass and count money however a little voice keeps saying " use the force luke" or is it " ha ha you lose sucker"
Seriously though with my system this is a classic 3 which would suggest slightly higher before down so a 40 point pump n dump from the open is fav to go no higher than 10540 I will trade peanuts and look for 50 points
As always this is not intended as an invitation to trade
Well yesterday did exactly what it said on the tin and with a little bonus of hitting the weekly target aswell.
now I should realy take today off cut the grass and count money however a little voice keeps saying " use the force luke" or is it " ha ha you lose sucker"
Seriously though with my system this is a classic 3 which would suggest slightly higher before down so a 40 point pump n dump from the open is fav to go no higher than 10540 I will trade peanuts and look for 50 points
As always this is not intended as an invitation to trade
Hi dc,
thanks for your reply, I see a range of 10,437 to 10,375 until the end of June with small blips up and down in and outside this range for the next 7 days,
just my opinion for what it is worth ?
Only a fool thinks they can predict the future 7 days.
regards twiglet
thanks for your reply, I see a range of 10,437 to 10,375 until the end of June with small blips up and down in and outside this range for the next 7 days,
just my opinion for what it is worth ?
Only a fool thinks they can predict the future 7 days.
regards twiglet
