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Well, my team took the other side of that. Eating the losers makes for a grand buffet :)

true that. upside surges blew away with nil chance to step in long. slam-bang and gone thru the signals. definitely rollover in total control of the tapes... turbulent until the 20th?

stocks will chop and grind higher on nil volume as usual, unless someone burps something more about Greece, Euro nations risk, etc and then the markets come down hard on heavy volume. absence of bearish news = upwards drift and plenty of HFT chop breaking bearish news = smashed tapes and...

Monday's +45pt gap-up open wiped out the same shorts. Who is left to buy? No one in ES today... TF ran straight up the ladder, ES looked like Ron Jeremy without viagara for two days straight. Or limp, as it were Time will tell which way next. Any breaking news shock to these tapes sends...

one overwhelming ES pattern since March 2009 has been gap-up and bleed one day, tip over and fill the gap on slam lower next day or second day after. 1150 below, 1200+ above. If day-trading small rakes, neither make any difference. If swing trading for distance at one or the other, take your...

Front-running FX bucketshops have been replaced by the biggest one of all: NYSE/Nasdaq

could be. if they fill that first, just get short and hold for 1105 fill to follow one or the other, doesn't matter in the end

likewise all those who bought anything from 1170 to 1216 in April. who blinks first and pukes? upside volume on every limp higher is zilch. trend shorts ain't covering, yet

well, I'm making the conscious decision to forego small-swing profit trades ES in exchange for the statistical potential of gap fill below, sooner than later. Two gaps there are a pretty powerful magnet... might take until tomorrow to fill, if it does. That's my management decision, shooting for...

I'm personally trying to establish a swing trade short from 1165 > 1166 zone back to today's gap and/or Friday's close. I'm not personally trying to catch the +2pt +3pt trades available... we have a high-odds situation below with two open gaps and no-volume lift currently. So I'm using that...

I personally use them as zones of S/R to trade around. Much like some people use various volume studies, mp stuff that I personally don't. Any particular study shows the cumulative effect of trades = stops placed based on countless different reasons that all congregate in the same general...

today's choppy ES chart. Yesterday's Ctrl-Bar held thrust, yesterday's peak high was out of play

"consistency" is a user-defined term. Control bars from prior zones are usually 5-bar patterns. notice how yesterday's high-bar break was today's peak failure again? supply still clustered there. while a Ctrl-Bar pattern is forming, it does not always complete 5-bars at that time. but anyone...

truth is, a lot of people won't even bother to watch that video because it is nearly one hour long. who's got that much time to waste on something that probably doesn't even work anyway? sifts out the majority of people who click that link and leave inside of the first five minutes, max. of...

didn't see the question... sorry for that :) the 5-bar confirmation isn't critical, it is a standard basis of comparison. fundamentally you are looking for exhaustion spikes and positioning yourself on the opposite side of stop-loss clusters. when those stops get taken out, you get ushered in...

CM Control-Bar Study I'm pretty sure it works off that page, but here's the direct link. I'm even more sure there will be price-turn or continuation patterns in the market today, and every day :)

there is no way to take advantage of that contango, other than spreading across both symbols in various tactics. In other words, not by straight longs or shorts we can expect to see some squirrely CL tapes ahead as rollover process begins. business as usual otherwise, hit the long and short...

sorry... that page leads to a recorded video link embedded on the page. I didn't post it as a single link out of operator error on my part :eek:

I paid money out of my own pocket as site sponser status for one reason. Not to advertise, not to woo customers, not to dupe or fleece newbies, not to sell vendor-bottled snake oil. I'm here as site sponsor status (for a period of time) with one objective: to set some records straight...

Yesterday morning (05/11/2010) the ES market staged a modest little grinding rally that filled the opening gap after lots of coiling and accelerated higher thru the midday stretch. That in itself was suspect, but conversation for another time. There were several buy-signal setups on faster...