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22:54 | Trades -- Scalpers: +2.00, -2.00, +2.00 = +2.00 Sluggers: +0.50, -2.00, +4.00 = +2.50
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15:49 | But first we need a close below that bottom red line.
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15:48 | Oh boy! If this drops then 1534 is the next support level.
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15:46 | Bad signs. Market wants to fall now.
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15:39 | If you want, another long trade could be taken at 1542.
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15:31 | Got another bounce off that bottom red line. It has provided support a number of times this afternoon. >> see chart.
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15:26 | I am looking to go long again.
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15:25 | Oh! And voice your opinion.
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15:25 | Gordon calling for blood in the streets. Nancy thinking there is going to be some temporary good news. Check-out the chat room.
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15:23 | ES down 3 points since the 5-minute reversal, but coming back.
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15:17 | TRADE #3 -- Sluggers OUT AT 1542 [+4]
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15:17 | This looks like a small pull-back then a move higher. Both the bull flag and the pennant broke to the upside.
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15:11 | Sluggers, if you want to shoot for 1546, you will have to lower your stop a bit. For the record, I'll keep it where it is at 1542.
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15:10 | 5-minute chart suggesting a move down.
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15:05 | Sluggers raise stop to 1542
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15:03 | Scalpers special trade out at 1544 [+2]
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14:56 | >> see chart.
Bull Flag on 5-minute chart. Pennant on 10-minute chart. Huge tail on 15-minute chart.
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14:51 | Scalpers -- I suggest you try to get another 2 points out of this. Buy at 1542
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14:48 | 1-minute Bolling Bands still in narrow channel.
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14:41 | Bear flag on 5-minut chart. Could see 1550 again.
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14:38 | Bollinger Bands getting real tight. Usually means a pop in one direction or the other.
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14:18 | Sluggers raise your stops to 1540.
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14:17 | 1546 is a strong possibility.
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14:16 | 5, 10 and 15 minute charts all pointing higher.
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14:15 | Trade #3 -- Scalpers out at 1540 [+2]
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14:15 | Sluggers raise your stops to 1538.50 breakeven.
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14:11 | Trade #3 -- Buy 1538 -- Stop 1536
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14:09 | Indicies hinting at reversal.
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14:07 | A larger picture. >> see chart.
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14:05 | Maybe it is the blue line that we bounce off of. Watching for a reversal candle.
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14:04 | >> See chart
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14:01 | Back to the bottom red line. I thought we would bounce, but not so. ES at 1538.50 now. If I had gone long, that is where my stop would have been. Hmm....
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11:40 | Trade #3 -- Stopped out at 1547.50 [-2]
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11:26 | Trade #3 -- Sell 1546.50 -- Stop 1547.50
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11:25 | looking for a reversal at the red line on the chart.
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11:24 | >> see chart
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11:23 | There is 1546.
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11:04 | Trade #2 -- Sluggers out at 1543 [0.5]
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10:47 | I think we will see 1546 shortly.
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10:43 | Trade #2 -- Scalpers out at 1544.50 [+2] Sluggers should raise stops to 1543.
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10:37 | Trade #2 -- Buy 1542.50 -- Stop 1541.50
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10:28 | Cancel trade #1
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10:28 | >> see chart
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10:28 | We might get a bounce off the red line.
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10:20 | I think we are going to miss this one.
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10:19 | test
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10:19 | Trade #1 -- SELL 1544 -- STOP 1546
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10:05 | Here is a lesson. See orange rectangles on chart. When you get clear well defined reversal candles on multiple time frames, take the trade -- if you got up early enough.
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09:30 | Good morning.
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