Click on chart for comments on the afternoon ES Market trade. My entry was at 3:15PM at 1210, and a target of 1204. This was hit and I am out of the market for the day. Today was a perfect example of scalping for some points, but in the end it wanted to go down. My targets were 11003 on the overnight YM, and 1203.25 on the ES overnight, that was what I based my 1204 profit target on.
We also tested the ADR (average daily range), then busted through it.
Good Trades,
David AKA Tiger
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