Wednesday, May 4, 2011

6E STARTS WITH A BANG

WOW  The first "official" 6E post.

Post about the Euro (6E) will be an added feature to the ES blog post. Sooner that was expected, but when the market performs, it needed to be shared.

 And, as if on cue, the 6E hits a BO target as this post was being prepared.  4810 to 4996 out!

This BO was one of the last post outlooks today, and no surprise to many happy readers.

Speaking of happy readers. last evening we opened discussion about the 6E.  Set some BO targets, and discussed what we were watching in the market that would be of interest for a trade.

[22:32] <Chartmaster> longs at 4777  shorts at 4763
[23:01] <Chartmaster> shorts moved to 4770



[09:38] <Chartmaster> from some discussions last evening. adding 6e to blog some happy people 100+ overnight action

They were happy.  I was happy.


TODAY:

Tough act to follow. 

But  we are always happy when the market "plays our song".  Here are a few post and the screen shots for today.  This will not be our normal format, but given so you get the jest of the trades.

[12:56] <Chartmaster> 6e in more favorable position to consider long tl and ema
[12:59] <Chartmaster> es long 1342
[12:59] <Chartmaster> longs entering 6e
[13:18] <Chartmaster> out +6 6e holding at ema
[13:26] <Chartmaster> long hit es   you had lower entry (name omitted) good job
[14:52] <Chartmaster> current 6e bo targets  (deleted link)
[14:58] <Chartmaster> 6e alert
[15:00] <nick omitted> watching chartmaster
[15:02] <Chartmaster> ding 4832 sh
[15:03] <Chartmaster> +8 6e bal at be
[15:04] <Chartmaster> 6e +10 out bal
[15:04] <omitted> it may flush chart master
[15:05] <Chartmaster> or bounce at 20   ;)
[15:05] <omitted> 4796 on 6e am thinking if doesn't
[15:05] <omitted> vn chart
[15:06] <omitted> vn post and trade
[15:47] <Chartmaster> last look 6e bo lower target can see that channel continue  (link deleted)

The BO

click to enlarge




The BO discussed in the chat,  and the after hours BO focus.  A break below the yellow target for a possible continuation of the downward channel.

And, as if on cue, the 6E hits a BO target as this post was being prepared. 4810 to 4996 out!

The post on 6e starts with a bang.  A beautiful song indeed.

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