Monday, June 30, 2008

Mondays ES Setup


Intraday trading plan

First test 1.285-87 area is Sell Short Daytrade, test 1.391-92 area is Sell Short Daytrade, test 1.298-1300 area is Sell Short Daytrade, test 1.310 +- is Sell Short Daytrade, test 1.320-22 area is Sell Short Daytrade.

First test 1.276+- area is Buy Scalp/Daytrade, test 1.271-73 area is Buy Daytrade, test 1.261-63 area is Buy Daytrade.

From 1.297 to 1.270 we buying Long position in SPY, SSO, ITM options ( scaling - Position trading ), Target now above 1.320 p.