Dec 8th - another day another 12 point capture... and lots of tweets

Today was a great trading day, the volatility was amazing, but the market was generally weak.  Not to mention contract rollover day for the ES, so today we started trading the March 2012 contracts as front month.

The long indications are given on the chart below:

The last bounce of the day was very profitable, however the long signals at the end of the day were not traded as bad news came out and there was no time for the trade to work out.

For those following my system signals on twitter @midtownam, probably have noticed that you get multiple indications and sometimes they overlap, this is because sometimes as the ES grinds up and down near a certain level, the system cycles and calls for bounces multiple times at the same level.

So today's tweets were as follows (grouped by time frames):
Dec8 11:10- High Probability Bounce Area ES: 1238.75 Confidence 3/5
Dec8 11:14- High Probability Bounce Area ES: 1238.25 Confidence 3/5
Dec8 11:16- High Probability Bounce Area ES: 1238.5 Confidence 3/5


Dec8 11:37- High Probability Bounce Area ES: 1237 Confidence 3/5
Dec8 11:38- High Probability Bounce Area ES: 1237 Confidence 3/5
Dec8 11:40- High Probability Bounce Area ES: 1235.25 Confidence 3.5/5


Dec8 13:05- High Probability Bounce Area ES: 1234 Confidence 3/5
Dec8 13:05- High Probability Bounce Area ES: 1233 Confidence 3.5/5
Dec8 13:07- High Probability Bounce Area ES: 1232.75 Confidence 3.5/5
Dec8 13:08- High Probability Bounce Area ES: 1233 Confidence 3.5/5
Dec8 13:10- High Probability Bounce Area ES: 1233.25 Confidence 3.5/5
Dec8 13:10- High Probability Bounce Area ES: 1232.75 Confidence 3.5/5
Dec8 13:12- High Probability Bounce Area ES: 1231.5 Confidence 4/5
Dec8 13:12- High Probability Bounce Area ES: 1231.25 Confidence 4/5
Dec8 13:14- High Probability Bounce Area ES: 1232.5 Confidence 3/5
Dec8 13:14- High Probability Bounce Area ES: 1232.5 Confidence 3.5/5
Dec8 13:15- High Probability Bounce Area ES: 1232.25 Confidence 3.5/5
Dec8 13:22- High Probability Bounce Area ES: 1232.5 Confidence 3/5
Dec8 13:24- High Probability Bounce Area ES: 1232 Confidence 3/5


Dec8 14:54- High Probability Bounce Area ES: 1230 Confidence 3/5
Dec8 14:55- High Probability Bounce Area ES: 1230 Confidence 3/5


Dec8 15:49- High Probability Bounce Area ES: 1229 Confidence 3/5
Dec8 15:50- High Probability Bounce Area ES: 1230 Confidence 3/5
Dec8 15:51- High Probability Bounce Area ES: 1228.75 Confidence 3/5
Dec8 15:51- High Probability  Bounce Area ES: 1228 Confidence 3.5/5
Dec8 15:52- High Probability Bounce Area ES: 1228 Confidence 3.5/5
Dec8 15:55- High Probability  Bounce Area ES: 1227.5 Confidence 3.5/5
Dec8 15:56- High Probability Bounce Area ES: 1225.75 Confidence 4/5
Dec8 15:58- High Probability Bounce Area ES: 1226.5 Confidence 3.5/5