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Previous Intraday Trading Session: [ 3/21/2013 ]

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TIMEALERTS 
22:54Trades --
Scalpers: +2.00, -2.00, +2.00 = +2.00
Sluggers: +0.50, -2.00, +4.00 = +2.50

 
15:49But first we need a close below that bottom red line.

 
15:48Oh boy! If this drops then 1534 is the next support level.

 
15:46Bad signs. Market wants to fall now.

 
15:39If you want, another long trade could be taken at 1542.

 
15:31Got another bounce off that bottom red line. It has provided support a number of times this afternoon.
>> see chart.

 
15:26I am looking to go long again.

 
15:25Oh! And voice your opinion.

 
15:25Gordon calling for blood in the streets. Nancy thinking there is going to be some temporary good news.
Check-out the chat room.

 
15:23ES down 3 points since the 5-minute reversal, but coming back.

 
15:17TRADE #3 -- Sluggers OUT AT 1542 [+4]

 
15:17This looks like a small pull-back then a move higher. Both the bull flag and the pennant broke to the upside.

 
15:11Sluggers, 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.

 
15:105-minute chart suggesting a move down.

 
15:05Sluggers raise stop to 1542

 
15:03Scalpers special trade out at 1544 [+2]

 
14:56>> see chart.

Bull Flag on 5-minute chart.
Pennant on 10-minute chart.
Huge tail on 15-minute chart.

 
14:51Scalpers -- I suggest you try to get another 2 points out of this. Buy at 1542

 
14:481-minute Bolling Bands still in narrow channel.

 
14:41Bear flag on 5-minut chart.
Could see 1550 again.

 
14:38Bollinger Bands getting real tight. Usually means a pop in one direction or the other.

 
14:18Sluggers raise your stops to 1540.

 
14:171546 is a strong possibility.

 
14:165, 10 and 15 minute charts all pointing higher.

 
14:15Trade #3 -- Scalpers out at 1540 [+2]


 
14:15Sluggers raise your stops to 1538.50 breakeven.


 
14:11Trade #3 -- Buy 1538 -- Stop 1536

 
14:09Indicies hinting at reversal.

 
14:07A larger picture. >> see chart.

 
14:05Maybe it is the blue line that we bounce off of. Watching for a reversal candle.

 
14:04>> See chart

 
14:01Back 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....

 
11:40Trade #3 -- Stopped out at 1547.50 [-2]

 
11:26Trade #3 -- Sell 1546.50 -- Stop 1547.50

 
11:25looking for a reversal at the red line on the chart.

 
11:24>> see chart

 
11:23There is 1546.

 
11:04Trade #2 -- Sluggers out at 1543 [0.5]

 
10:47I think we will see 1546 shortly.

 
10:43Trade #2 -- Scalpers out at 1544.50 [+2]
Sluggers should raise stops to 1543.

 
10:37Trade #2 -- Buy 1542.50 -- Stop 1541.50

 
10:28Cancel trade #1

 
10:28>> see chart

 
10:28We might get a bounce off the red line.

 
10:20I think we are going to miss this one.

 
10:19test

 
10:19Trade #1 -- SELL 1544 -- STOP 1546

 
10:05Here 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.

 
09:30Good morning.

 
 
 
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