NexusFi: Find Your Edge


Home Menu

 





High Probability Short Trade Setup - ES


Discussion in Emini and Emicro Index

Updated
    1. trending_up 2,599 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 2 attachments




 
Search this Thread
  #1 (permalink)
 kszyman59 
Oro Valley, AZ
 
Experience: Advanced
Platform: DT, NT, Tradestation
Broker: Schwab, IB
Trading: Stocks & S&P
Posts: 20 since Jan 2010
Thanks Given: 10
Thanks Received: 15

The S&P looks to be in position to make a multi-day high later this afternoon or possibly
on Friday. Specifically, a wave C of a higher degree W.B:4. There are several things that
need to happen before this becomes a legitimate trade setup but if the count is correct
the immediate upside should be very limited before the index has another leg down to
complete wave four.

As a trader you are always working with probabilities - not certainites and the only thing
you have some control over is risk :-)

Kerry


Attached Thumbnails
Click image for larger version

Name:	es60.gif
Views:	434
Size:	83.9 KB
ID:	70547   Click image for larger version

Name:	es.gif
Views:	355
Size:	99.2 KB
ID:	70548  
Follow me on X Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Thursday May 28: GDP + Core PCE + Jobless Claims All at …
Traders Hideout
US Prop Firms Race Inside the CFTC Perimeter -- Tradeify …
Funded Trading Evaluation Firms
World Cup Opens: USA at 45.5% Tonight as Markets Push Ba …
Prediction Markets & Event Contracts
Penalties in Budapest, Peace Deadline in Tehran: Arsenal …
Prediction Markets & Event Contracts
Post-Summit Scorecard: $36M in May 15 Bets Settle Near-Z …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
8 thanks
Darmok and Jalad at Tanagra
1 thanks




Last Updated on April 19, 2012


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts