I'm keeping on eye on 60 min ES chart, notice how the MACD/BB's
are super wide, watching for a doj etc, price is quite far extended
below the 9 EMA, a doji would provide a trigger for an RVM
bounce
however the candle still has 30 min to go in order to
complete
Could you please list the trigger price, a stop price and
targets for this trade? The trigger goes above the high on that
candle, doesn't it? Thank in advance!
Roy - here's an updated view, attempting to form a doji, the
high of the candle is 2049.25, so 1 tick over is 2049.5.
There is still 8 min to go, we'll see if it closes like that
or not. If you have to ask about entries and stops then you
probably shouldn't play it. You should have a live chart in
front of you, if you don't, then you should not even consider.
5 EMA would be one target, 9 EMA would be the 2nd target.
stop is at the lows of the dojis,
Thank you, Matt! I know the rule of where the stop and the
targets should be, I was asking for the numbers. Yes, I don't have
a live chart in front f me, still at work. Sorry: (
ES 60 min
Posted by matt on 3rd of Dec 2015 at 03:27 pm
I'm keeping on eye on 60 min ES chart, notice how the MACD/BB's are super wide, watching for a doj etc, price is quite far extended below the 9 EMA, a doji would provide a trigger for an RVM bounce
however the candle still has 30 min to go in order to complete
Could you please list the
Posted by junkie on 3rd of Dec 2015 at 03:41 pm
Could you please list the trigger price, a stop price and targets for this trade? The trigger goes above the high on that candle, doesn't it? Thank in advance!
Roy - here's an updated
Posted by matt on 3rd of Dec 2015 at 03:53 pm
Roy - here's an updated view, attempting to form a doji, the high of the candle is 2049.25, so 1 tick over is 2049.5. There is still 8 min to go, we'll see if it closes like that or not. If you have to ask about entries and stops then you probably shouldn't play it. You should have a live chart in front of you, if you don't, then you should not even consider. 5 EMA would be one target, 9 EMA would be the 2nd target. stop is at the lows of the dojis,
Thank you, Matt! I know
Posted by junkie on 3rd of Dec 2015 at 03:57 pm
Thank you, Matt! I know the rule of where the stop and the targets should be, I was asking for the numbers. Yes, I don't have a live chart in front f me, still at work. Sorry: (
closed with a doji, would
Posted by matt on 3rd of Dec 2015 at 04:03 pm
closed with a doji, would have triggered, we'll see if price can make it to the 5 and 9 EMA's
nice bounce to the 5
Posted by matt on 3rd of Dec 2015 at 04:50 pm
nice bounce to the 5 EMA, one could peel a contract off there