ER2 charts

futures live trades

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humble1
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Postby humble1 » Fri Apr 06, 2007 12:37 pm

here is the weekly chart

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humble1
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Postby humble1 » Sun Apr 08, 2007 11:23 pm

tri measurment gets made....this all stays in play until something fails near 815 and gets used for resistance.

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bearwatch
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Postby bearwatch » Mon Apr 09, 2007 12:32 pm

Looks like the end of the day on Friday ended with a sharp move down. Seem 819 is rejected again, making double-top?

My charts haven't changed. Looking for short today unless it breaks above 819.

humble1
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Postby humble1 » Mon Apr 09, 2007 4:28 pm

bearwatch wrote:Looks like the end of the day on Friday ended with a sharp move down. Seem 819 is rejected again, making double-top?

My charts haven't changed. Looking for short today unless it breaks above 819.


your DT triggered. did you go ahort near 818 snap back?

bearwatch
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Postby bearwatch » Mon Apr 09, 2007 5:16 pm

I was a bit late, I shorted at 817 on 3000 tick. I guess I have to do better at entry timing. Took a small profit though.

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humble1
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Postby humble1 » Tue Apr 10, 2007 10:39 am

60 minute chart shows and ascending triangle....hopefully this is it and we see some movement..... don't be surprised of this breaks down instead of up, these can be reversal patterns too....the whole setup looks bulllish to me, but that's just a subjective impression.

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bearwatch
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Postby bearwatch » Tue Apr 10, 2007 11:28 am

I'm staying out between 820 and 815 range. Not much volume yesterday either. Fed day tomorrow, possible cause for dry volume?

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humble1
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Postby humble1 » Tue Apr 10, 2007 12:43 pm

bearwatch wrote:I'm staying out between 820 and 815 range. Not much volume yesterday either. Fed day tomorrow, possible cause for dry volume?

Image


I will trade near 821 or 815 , otherwise I am sitting.

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Postby humble1 » Tue Apr 10, 2007 3:42 pm

ddouble bottom measurment got made @ 822 and the thing reversed right off that target. 8-)

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the big picture for short term trading

Postby humble1 » Wed Apr 11, 2007 1:02 pm

the ascending triangle is now in play until it either makes it's upside measurment or it fails. Does everyone know what it takes to fail this pattern? I would be interested in hearing your comments.

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