Search results

So far we have a 4 point range with volume declining all day. A breakout above or below should give at least 2 points (typical narrow range at least). I'm looking for upside hoping for one last push down with a pivot up. something like a fake out bar. Then again maybe just up as I type. :eek:

From my breif analysis the last two days on an options exp week tend to be narrow range doji type days if the begining of the week was largely up. so dont expect thursday and friday to give up much of the gains for the week.

It was a simple calculation of difference in contracts hitting the bid and ask. No fancy charts like 5P with color coded delta at multiple levels. PM me an email if you want it. You could chart this value to see the shifts but you would need a bit of EFS knowledge, coding is not difficult...

Thanks, I coded the MD in esignal EFS. I just need to analyze it as you suggested.

5P How do you enter and exit using the market delta value. Any key values, crossovers you look for? Thanks

LF You can try the DAX or HSI which kiwitrader scalps, hes from the Gold coast as well. Theres a good tread - The ultimate Dax scalping ... one of the links below. Some good threads on volume and bid ask depth by AMT4SWA and Scientist...

Thanks nassau, thats some great information. So the market could also be equally directional, bullish, bearish on an expirations week? What do you mean by first cycle? Thanks

Least todays lesson did not cost anything. I have to stick to the Afternoon 1300 DDF.

Caddy I dont know what to make of it, but heres a post from JJ from the Trading and Dating thread. He shows an unusual understanding for an Italian romeo pretending to be African American. Maybe Austin has multiple personality disorder :eek: JimmyJam Registered: Oct 2005 Posts...

Such a loaded bid the past hour. Last time I saw this was the 081706 and we had a sharp selloff at 1310

didn't catch any of the run up and a record number of trades :(

I think if we close strongly today above 1302.50 or 1313.50 on the ESUZ we will be on our way to 1320 or 1331 on the Z.

Didnt it hit it at 10:48 ?:confused:

Nothing exciting today. Have a good weekend.

This looks like the reversal, I am short Edit: I dont know about 1305 anymore just a short trade on the ER2 :)

Yeah not bad. I admire your (and others on the journal) discipline. Also its important not to change your system like your underwear. However it is important to be able to fine tune any system and to be open minded to accept and evaluate other ideas on an ongoing basis and to slowly trial...

Hey Romik Hope the afternoon goes better for you. Heres a potential trade I'm watching. Expecting it to go up between now and 1330, it will be slightly below the HOD (Stop at HOD) and will pivot down and I expect it to go down to about ES 1305 but not take out yesterdays low at around...

Waiting for better setups to reduce the number of trades, which happen to have grown exponentially the last few weeks with a corresponding decline in daily profit. Should be on track soon.

ES Z6

Gap and Crap.....standard short in the play book. But all my trades today were long, lucky I didn't end up shit creek. Least my broker loves me.