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Yeah, I was up 68 on the day, then f'd around in the chop and now am down -10. Just bought .01 and sold .20 but too much speculative non-confirmed trading in the chop.

Out .41, no capitulation yet. Will try again below .25

I will short .42, looking to break .35, and looking to break .16 down to 82.50 We are heavily net long in this range at this point, lots of trapped traders. Their stops are probably around 83.00 If we break, nice fall probably.

We're moving with it, but not as in sync--anytime ES buys, we're buying strong. And anytime ES sells, we're selling only marginally. I wish the buyers would just save me and the shorts a lot of trouble (and save themselves the money) and just get out of the way so we can get on with it.

CL obviously moving in step with the US indexes, however, much stronger. Any fundamental reason why it's stronger I wonder?

I absolutely agree with your advice V--my action is based on how I did the last few trades. Regarding your above statement, however, doesn't it stand to reason that the market as a whole knows where stops will be logically placed, and go after those? We see stop runs all the time, and for no...

Great advice-- I am having trouble sleeping and just checked the trade, and was actually taken out at BE around 1:15 because my ATM moved the stop when I was up 20 ticks in the trade. Had I been actively managing this I likely would have taken some off but this was a "set it and forget it"...

I am long 83.59 here, lots of absorption just now, stop .48 target 84.73 -- against the trend for sure but good setup IMO and tiny risk

I took a long at the first line marked on the chart (.50 or so), and put my stop at .31 ... yes, the low tick you see is .30 (second black line) where I was stopped out ... what gives? Why .30? The low of the bar I longed after was .33 ... is this just a typical test below to test for supply...

Thanks for the heads up schizo-- after it broke 98, I shorted 96.25 on the way down, set my target to 86.00, and walked away to the bathroom and to get a bite to eat--8 minutes later my TP is hit... I'm sure ES is not normally this easy to trade but it sure feels good after a so-so day in CL.

Very well could be .. as of the moment though it just looks like sideways consolidation with higher lows... until it breaks 1198, longs look intact. Once it goes below that, could make for a nice drop.

Well, got a nice +25 to end the day, but wound up down for the day. When I was doing poorly during the 10:30 chop, I was taking full stop after full stop, and when I starting doing well was when it was more directional and I would put my stop closer to BE as it moved in my favor. Frustrating...

Are all the computers on vacation or something? This PA is BS.

Velocity (TT)

I got chopped up in the 10:30 to 11:00 mess, but I just caught +70 in 3 pieces on the way down to 85

Three times today I have had cases where I was literally 1 second too late either entering my order, or moving my stop, where I would have been 150 ticks to the upside versus where I'm at now. This market is so fast. Even regularly it's fast, but today 20 tick swings are happening literally in...

I don't recall (not that I'm a long time trader) seeing an intraday gap like this on ES. Very odd looking.

I'm no conspiracy theorist, but you were "in charge", with the economy showing continued signs of weakness and possibly warning signs of another recession looming, negative numbers every way you look, with unemployment and NFPs coming out the day after a 500 point panic drop in the dow, would...

I'll receive that :) 500K volume, woo hoo! ES volume 10x that, 5M ... quite a day..... Funny, ES volume in 1 minute can be equal to what it takes CL an hour to produce. I scalped a few ES trades and made more from 3pm to 4pm than I did all day in CL. Bleh.

If we average 185 contracts a minute till closing time, this will be a nice 500K volume day. Haven't seen that since the 6/15 selloff and the May flash crash part deux.