Hail Mary Pattern Setup

October 1, 2011 · Posted in Uncategorized · Comments Off on Hail Mary Pattern Setup 

Hail Mary Pattern Setup

HailMary Setups are rare but when they do occur they are quite reliable. Hail Mary Pass is referred in ‘American Foot Ball’ as very long pass in desperate situations.

Here is my prior post about HailMary with rules on its detection and trading.
http://www.tradechartpatterns.com/?p=512

On Sep. 29th, ES was selling off until late 3pm. I was lucky to find the bearish setup and started shorting every time it reached Mid Band. The last time it reached mid Fib. Band and attempted to close above I started to see the HailMary setup. Around 3.30pm, ES dipped below mid Fib. Band for last time and started to rise. I waited for price to close above the GlobexLow (1141) to confirm the potential HailMary trade setup. Also noticed ES started to ramp up the speed and closed above prev. Low (1143.5). This is a clear sign that ES may be setting up for much higher close. At 4.00pm, ES hit the high of 1157 (near Pivot).

Re-Start Blogging

October 1, 2011 · Posted in Uncategorized · Comments Off on Re-Start Blogging 

Sorry for not updating my blog as I had many other projects in the last few months… Now
Summer is over and I plan on updating once or twice a day with my new found knowledge
in Pattern research and Trading.

All along, I have been updating both Intraday and EOD
my main website http://www.suriNotes.com

Thank you guys for sending your kind emails to restart blogging.

Regards,
Suri