alleytrader

alleytrader Updated 

This is the retrace i was looking for, and has returned the market right back to the prior double boxed area on chart. would expect we test the bottom of the box. That is the level will have the radar on full alert. ES 4088 is the zone i see possible support. Today will look to take advantage of the weakness but do think a chop or small retrace back up to 4170 area.

alleytrader Updated 

Last week posted this box, we now have reached the top of the upper box. 1 of 2 things are about to happen but both have potential to provide some market resistance. 1 is the box top, the other is an stop sweep over prior levels. I will be forming a trade from the action not the lines.

alleytrader Updated 

Today an inside day trading inside first hour. will take a trade either direction looking for a break of yesterday. If that break does not happen or we go back to middle i will exit trade. So up or down works for me. This is not the long term trade I am looking for but could evolve into that trade.

alleytrader Updated 

I have put a box around the areas of interest to me. Also have put areas of target that could easily be stops waiting to be hunted up. We are currently in the gravity of a 6 day market orbit. 100% expect a break out, but until we do trading outside to the inside but expect each swing to get wider. So this could start to feel very trappy.

alleytrader Updated 

4135 watch for rejection, 4120 will be sticky Looking to see if market rolls over at 4135 for a nice short to below the overnight low. Day trade only.

alleytrader

Will be interesting to see if this level is support for a while. Also the RST I drew last year sure worked , wow if it sees the high line.

alleytrader Updated 

Today: ** 4345 range is a border I see the market needs to cross to show more of its longer term plan. to the down side overnight low. strong long side trade 4323. then 4345. A drop below overnight low could see yesterdays lows.

alleytrader Updated 

Arrow marks the possible location of the next long entry, will keep you informed if i take it.

alleytrader

Un real this new indicator has been absolutely amazing, locking in maximum gains day after day. I try to post them here before they happen but it is hard to get them out to you in time and still trade them. I will try, or come check us out.

alleytrader Updated 

Watch teh current forming bear flag for a shorting location

alleytrader Updated 

First target (green arrow) if 4375 on es after open holds it up. Will try to post trades that system hits on.

alleytrader Updated 

I have been trying to only post when you will have 10 or so minutes to join me on the trade. Darn things fire off before i an get them posted. Do not want to post look at the trades I have done. Arrow marks spot i was half finished typing on and it took off, will keep trying to post early.

alleytrader Updated 

Getting this out as possible long trade, will post if entry triggers.

alleytrader Updated 

waited for system trigger long, avoided the one short trigger even though small gain could have been had. but now long looking for prior day value high as target or reversing trigger

alleytrader

QQQ has decent support below and has now gone below a 2 year trend line time, the bears maybe just getting warmed up.

alleytrader Updated 

Today system got 2 great 15 plus points on each trade short. Results on new system has been unbeleivable

alleytrader

Green arrows mark when lines where drawn, I am not saying we see the bottom because on a further move down a new structure will form. but does show a possible support

alleytrader

showing the approximate boundaries will be watching today, Sideways market in a balancing sideways over night. The smalls are making a move overnight we will see if that leads at all.