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Simple Trendline Bounce


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Simple Trendline Bounce

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  #51 (permalink)
 babypowder 
Brooklyn, NY
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus/IB/FinFx
Trading: ES, Forex
 
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Posts: 182 since Apr 2010
Thanks: 202 given, 199 received

ES- 1440 min chart, looking for a bounce long play at TL/HL level (circled). 2011-05-25_2307 - babypowder's library
ES- 240 min chart, zoomed in a better look. 2011-05-25_2309 - babypowder's library
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6B- 1440 min chart, details attached on the chart. 2011-05-25_2314 - babypowder's library
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6E- 1440 min chart, price forms steep bearish candles telling me bears want this lower but I cant draw TL's (I dont like steep TL's), you can also see pullbacks has a diagonal slope followed by a steeper slope (displayed by arrows). 2011-05-25_2356 - babypowder's library

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