elovemer

...the high on TF was 800.3 .... so you go long at 790.3 with a 1 point stop ---------------------------------------------- then you go short at 785.5 from 775.5 and you get stopped out again .... except that the trend is up .... so shorts are probably not a good idea ....that is a loss of one point on the day

unless this closes above the mid ..... can expect a test of the low on wednesday

63.5 ...... ......... ........

if going long on test of yesterday low.... just keep in mind there is a gap below

if anyone is confused about this system... i recommend going back and reading WHY 's posts. he has provided some excellent (my view) guidance.

ES has traded up in premarket ... an attempt at the high made early could be good for a scalp short then if it trades down from there .... can reverse to long on this buy day

62.5 would make a good buy day low for a long entry... if made early in the session if the prev day's high is to be hit the same day , then close out the same day if not .... base the decision on how strong the close is ......................................................................................................... short sell day worked.... the high came within 2 hours of the open

the best time to trade TF is when ES is closed

tuesday ... buy day ... a long on penetration of monday low ... ....if low made first

sure hate to miss this huge swing move those who took the long on sell day low made first ... reap the benefit the tip off... which i missed .... was the action on buy day

... looks like the long play was the penetration of buy day low ... on sell day : ( have to wait for next opp

TF sucks ... you don't do you ?

TF sucks. ES is the best.

if still holding on sell day it is penetration of buy day low .... close out on penetration of buy day low for a break even trade next trade would be a high made first on short sale day monday ... or a scalp on low made first and early on short sale day

close out same day if hits 58

just couldn't make it to 61 buy day could see a nice pullback

..... 61 would be a nice penetration for a short sale

tuesday... sell day wednesday ... short sale day on a high made first ... unless a low is made first and early which can be good for a scalp

(moderator: removed this comment - no need for it) ... so it just goes to show that TF is a better trading vehicle ... more stops on ES .. means more fake-outs .. TF moves... ES doesn't

it takes discipline to close out the same day ... don't be greedy

....low made first prev high is 55 ... if that is hit same day ... close out same day and wait for next opportunity if it is not hit... if close is strong... hold another day ... if close is not strong.... close out same day... depending on trader's criteria want to see a high made last on this buy day .... wednesday is short sell day

monday is buy day ........................ ......................

.... strong up trend ...buy point comes on same day ... like last cycle

thursday ... is next short sell day last short sell day turned out to be a great buying opportunity after the sell off

looks like the buy point was on short sell day can't buy a higher low on buy day on a gapped up open... too risky