E-Mini 62% Retracement - PIC

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Subject Author Date E-Mini 62% Retracement - PIC Asher 12-18-2007
Posted by Asher on December 18, 2007, 10:43 am BS"D Learn to Read the Tape and Exploit Pit Pivot Points KISS Daytrading Course ****************************** PIVOT MAGIC JOURNAL - EXCERPT Good morning, Trading Monday was a bit painful, but interesting. Took a couple of bites, and our Exit Now! and Profit Giveback rules got us out before we were forced to give it all back! Be well, =] ;-)> ****************************** Pivot Magic Trading First rule: "...Any time you don't know what is happening, get out!" ****************************** PERSPECTIVE (Daily, bottom right chart) In yesterday's Pivot Magic Trading Journal we commented: "The newly promoted floor, however, looks to be potentially set for a probing examination on Monday." Sure got that right! All the way to the 62% Retracement level (dark red line). REMEMBER: Trade the Tape, Not my Prognostics! Asher =] ;-)> Pivot Magic Trading Course http://www.TradingThingys.com Monday's PMT Chart: Http://www.TradingThingys.com/PMTJ/PivotMagic121707.gif Similar Threads Posted Acetrades emini sp emini ym emini Russell free invitation no indicators , No Fibbs, No wave No pivot numbers just plain price action May 22, 2007, 4:36 pm corrective retracement June 15, 2006, 2:16 pm Emini Sp and Emini Russell Excellence 1 pt risk ....10 pt wins or Highs and lows daily...Free live demonstration 1 Week. February 13, 2007, 7:17 pm Emini Sp, Emini Russell. Perfection No Indicators, No gann no fibbs no waves ...Strictly Price Action ,,,Move ahead demo. April 17, 2007, 8:17 pm E-Mini 50% Retracement Support Holds - PIC December 13, 2007, 8:44 am E-Mini Bull Dragonfly Spike Thru 62% Retracement - PIC December 19, 2007, 10:10 am Pivot Point Daytrading - Retracement Fully Recouped April 18, 2007, 7:08 am Guaranteed to work - Emini trading course, Emini trading system March 15, 2008, 7:41 pm Emini S&P October 28, 2007, 6:29 pm Emini S&P 500 November 3, 2007, 6:46 pm