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I will be late to post some numbers in the morning....
I have to wait till 6am EST to get some results before posting so I cant post them now.... & Im about to go to sleep now so ill try my best to wake up early & catch all the big moves that have been setting up in the last few weeks.. so expect bigger targets....
I never check news but this whole debt deal thingy will have alot of whip lashes in the mkt so if you have a tight stop loss be careful as they will definitely come into play...
Try to read the mkt as early as possible as london open will confirm a lot of things...
Good Luck
Bugs
Last edited by bugsbunny; August 1st, 2011 at 03:45 AM.
Reason: I have to wait till 6 cant post earlier... sorry
TF: If 776 breaks there could be a free fall till 771 (1:50pm EST)
2:07pm EST ( but if now it goes back up to 776.5 & breaks then downward move to 771 is off)
Last edited by bugsbunny; August 2nd, 2011 at 02:06 PM.
Thanks... but if it pops past 776.5 the downward move is off...
it had to break & run 773ish inorder to get to 771.. I had a buy lmt sitting there was trying to countertrend the trade.... its all timing if it takes time to come down there i will not take the trade.. but if it was a free fall i would have counter traded the trend for a few ticks....
Bugs
if this went past 776.5 expect it to go to 779.
The following user says Thank You to bugsbunny for this post:
for TF to continue UP from here 776.5 needs to break & hold to see 779.. 779 breaks & hold 782.5 is on the plate. just in case 782.5 breaks & holds 786 is on the plate.. never know with these widespread targets.... looks like it wants to go up from here though..
Bugs(Just what I see)
The following user says Thank You to bugsbunny for this post:
Just checked ES still in a dowtrend.. TF follows ES..... if ES is to break this down move it needs to break & hold 1265.... so be carefull with the TF upward signs...
BugS ( Most of the times its like watching ES play DEAD & TF make some moves.. but overall it follows it....)
Last edited by bugsbunny; August 2nd, 2011 at 02:29 PM.
Reason: more added
