10:30pm A good & safe trading week to one & all !
10:36pm ES opens flat...
10:47pm Looking for LONGs here. TREND Chart has turned up & PRICE has yet to fail Resistance.
10:57pm No PFs yet to go LONG.
11:02pm LONG 1430.50 /STOP 1429.50
11:04pm Moving STOP to 1429.25
11:09pm Moving STOP to B.E. Just in case a downdraft takes place.
11:10pm STOPPED at B.E.
11:13pm I just wanted to be safe there as it was a 3 X Divergent Top.
11:26pm Is PRICE done going up? Let's see if we get a Minor PPF of Resistance here for a SHORT. TREND Chart has also turned down.
11:30pm Just missed that Minor PPF...Was talking to my wife. Grrrr.
12:12am We are caught in a little consolidation here.
12:35am Taking a SHORT here on a pull back.
12:36am SHORT 1428.25 / STOP 1429.75
12:42am Moving STOP to 1429.25
12:43am This SHORT has to take out 1427.00
12:46am These series of PRIME PPFs (consolidation) is killing me...
12:49am OUT at B.E.
01:22am We've been in a 4 1/2 pt range since the opening bell. Tough trading. Anyway, time for me to say good night. 2 Trades / Both B.E.
Monday, January 29, 2007
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