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  1. J

    ES Journal Archive (2011)

    That's what I meant when I said "net buying" -- it has a nicer ring than "more contracts being executed at the offer than the bid."
  2. J

    ES Journal Archive (2011)

    out 62.50, -3 ticks ... thought they would push it up when it broke 63.50, but not this go around :(
  3. J

    ES Journal Archive (2011)

    will buy 63.25 and monitor closely, first sign of sell i'm out
  4. J

    ES Journal Archive (2011)

    Basically, yes -- NYSE TICK and delta are, from my recollection of seeing side-by-side examples, often similar; though TICK is a snapshot of upticks and downticks and therefore oscillates, whereas delta can be summed and therefore is not oscillatory in nature. Uptick and downtick can be used to...
  5. J

    ES Journal Archive (2011)

    Market orders, or contracts? Of course volume will give you contracts. Unfortunately with ES we have no way of knowing how many actual market orders are executed due to how CME reports transactions, but we know it's at least the number of ticks over a given range. More helpful to me than...
  6. J

    ES Journal Archive (2011)

    cancel order for now
  7. J

    ES Journal Archive (2011)

    When people talk about delta, it's very common to use the term "net buying" or "net selling" ... if the market is tanking and people say "there is heavy selling going on," don't you think it's implied that they're talking about market sell orders? And don't you think it's implied that there are...
  8. J

    ES Journal Archive (2011)

    I meant market orders. That should be a given but oh well.
  9. J

    ES Journal Archive (2011)

    enough volume built up here in this tiny range that if it pops to 65 there should be quite a few stops
  10. J

    ES Journal Archive (2011)

    will buy 64.25
  11. J

    ES Journal Archive (2011)

    Call me a contrarian, but we built value up here around 63, and have not really been above it in almost 2 hours -- so while my bias is long, I need to see trade above 63 to even consider 73 -- at this point we are trading below the heavily weighted mode of the distribution at 63, and shorts may...
  12. J

    ES Journal Archive (2011)

    V should get a prize or something
  13. J

    ES Journal Archive (2011)

    He hit it in EST though: http://www.elitetrader.com/vb/showthread.php?s=&postid=3356645#post3356645
  14. J

    ES Journal Archive (2011)

    You're having shit for lunch? Time for a new menu! :D
  15. J

    ES Journal Archive (2011)

    If net buying from 9:00 to 10:30 was +15K contracts, and price went up about 8-10 points, then from 10:30 to 12:00 the net buying was up another +25K contracts, how much would you expect price to be up since 10:30?
  16. J

    ES Journal Archive (2011)

    How do you see them coming? I'm always looking for ways to shave off a few years of practice :)
  17. J

    ES Journal Archive (2011)

    bid/ask volume -- not uptick/downtick if that's what you're asking.
  18. J

    ES Journal Archive (2011)

    have the bulls bitten off more than they can chew? http://screencast.com/t/6jLiAM0Y
  19. J

    ES Journal Archive (2011)

    It looks to me like we are due for a pullback. I will look to get long in the area marked in the chart -- 50% of the day's range, VPOC, and IB high all within a 1 point range .. will see how we react down there. It may just keep going up from here but from what I see I think bulls are...
  20. J

    ES Journal Archive (2011)

    Never done this before on sim, but you're right, it feels great to see that green :-D Probably hurts a lot to see it in the red too :) http://screencast.com/t/Rgsfnqed
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