Tues. Feb. 27th TRADE

VPOC @ 1433.50
Long @ 9:38 at 1434.25
Exit @ 10:00 at 1437.50
Plus 3.25

Tues. Feb. 27th VPOC 1451.50, 1446.5, 1439.75

Monday Feb. 26th trade;

VPOC @ 1454.50 from 2-23

Hit at 10:42am but Stoch. not setup up

Trade triggered @ 12:20 Long at 1452.50

exit @ 14:23 at 1451.50 loss of 1.0 point

VPOC 1446.50, 1457.50 and Blue Sky

Fibinocci grid from Jan 10, 2007 at 1417.50
and longer term open VPOCs
appears to be a rounding top

Es Trade, short at 1461.25 at VPC, slow stoch >60 and fast stoch cross,
close 1st part of trade at 1457.75,
FOMC Minutes released at 2pm.

VPOC 1446.50 and 1461.25

a nice push up at the open would set the stage for a short at upper VPOC
watch momentum if it pushes through as we are in Blue Sky territory!!

XEG Oil breaking lower today, exit will be below lower keltner ($79) with a cross of the fast stochastics

VPOC 1456.75, then 1446.50

VPOC 1446.50, 1459 and Blue Sky!

open may void VPOC at 1459

ES 1/2 stopped B/E

stopless would require cross of slow stochastics above 65

ES 1/2 Off +3, Stop B/E

Very quick move!! sweet!!
may be a pull back here but wait for stochastic exit signal

ES Long 1457.25

price moved down into VPOC even though it was at VPOC at 8:30
stochastic confirm signal 9:45

VPOC with Blue Sky!

Watch open closely as VPOC may be voided due to proximity

ES Blasts through VPOC - 2 step entry

VPOCs 1439.75, 1446.50 and 1453.00 then blue sky!

VPOCs, watch open carefully

XEG Trade Progress

The XEG short trade is progressing nicely.
Target is price moving below lower Keltner ( <$79) and sell when fast stock cross.

VPOC 1433.50 and 1453.00

Enthios play on Friday, ES +3, +6 wow!!

as you can see from this chart Enthios remained in the position and did not reverse as the reversal point was too far away from the 1550.50 VPOC
our position exited the second half too soon and with an incomplete signal
the fast stochastic only crossed the slow stochastic
we should have waited for the fast stochastics to go below 20 and then cross back up through the slow stochastic which was then well below the 35 line

key point - wait for the proper cross of the fast and slow stochastics before exiting trade



http://www.enthios.com/blogs/esblog.htm

ES Stopped -3

determine your risk tolerance
review data to find optimum stop level and comfort level
this is an extreme case but stop saved us from a major draw down

ES Long 1450.50

ES Long at VPOC 1550.50
First Target 1454.50
Stop 1447.50

ES Close 1/2 at 1553

ES Entry 1456
Exit 1/2 1453 +3
Stop B/E wait for slow stochastic cross
Second Exit 1452 +4
Appoaching next VPOC at 1451.25

XGD Currently Short

Intial Entry Feb. 25th @ $80.36

Price and Volume VPOC

note the presence of a volume VPOC at 1450.75
next lower price VPOC at 1433.50

Phil's ES chart for Today

XEG currently short

initial entry at 80.50
secondary entry at 81.00
based on stochastic cross as illustrated

ES Trade Summary

Entry 1448 10:54
First exit 1450 +2 12:21
Second Exit 1452 +4 1:17

Great trade!!

Close ES Trade

ES Target Hit, 1/2 off at 1450, stop 1448 b/e

ES Long 1448

ES Long 1448

Universal long entry at VPOC touch of 1447
entry 1448
target 1451
stop 1445.75

VPOCs Thursday, February 8, 2007