Thursday, July 28, 2011

all covered 1303 - they really screwed the setup at 1312 -

I guess that confirms context as UI said

covered 25% more at 1309.5

gotta go,

25% covered at 1306

call me crazy but I am looking for 1320 area today if this pullback doesnt take my stop out.

SL shifted to 1299.

Wednesday, July 27, 2011

Long ES 1298.25

Just to follow Darrendelux :)

edit - Hard SL in place as usual

Weirdo trader

Yes, green arrows scenario is still entirely possible , it has lower technical probabilities compared with continued bear move from here but  6th sense tells me not to rule it out at all.  Moreover it is my favorite one.  ES1285 on a weekly closing basis will invalidate it.
Would I suggest a friend to trade it?. No.
Would I myself trade it? Yes  :)

BTW; Darren got the first part of his plan just as he expected. Congrats !

Thursday, July 14, 2011

Take your precautions -

Even though we have hit our first target to the down side after the top called on last post, green level ( thick line) is entirely possible before the final leg down .

GL

Thursday, July 07, 2011

Le fin




Check back the original chart if needed please. 
Our second target has been hit today (orange)  and it is certainly a time for a change... Alternatives in green at new chart.