ES Journal - 2012

[Daring]

Quote from Josef K:

The breakout didn't occur without several hours struggle. There now appears to be the possibility that the bear trend line has become a support line.

how do you tell it has become a support line while it still makes sense from a risk reward perspective?

 

[Spectre2007]

best time to trade emini sp500, which time point results in the best directional signal? 11AM

the data implies best counter trend signal is NOON time.


edit: the best counter trend signal occurs at 8am..

 

[Spectre2007]

data mining ---> analysis -----> extracting edge ----> system design ---> implementation -----> analysis -----> redesign.

 

[Buy1Sell2]

09-19-12 09:36 AM
09-14-12 08:47 AM
09-07-12 10:22 AM
09-05-12 08:17 AM
08-29-12 07:29 AM
08-27-12 08:11 AM
08-23-12 07:44 AM
08-17-12 08:40 AM
08-10-12 09:18 AM
08-07-12 09:45 PM
08-07-12 07:56 AM
08-06-12 07:44 AM
08-03-12 07:41 AM
08-01-12 08:37 AM
07-31-12 08:24 AM
07-30-12 08:31 AM
07-27-12 09:11 AM
07-26-12 07:57 AM
07-25-12 08:14 AM

--Have buy stop in to enter at 1358.00 with 2. If hit, I will enter and post protective sell stop.
-- If tagged today, then initial stop will be 1317.50
--Trade was stopped in long. Initial protective sell stop is 1317.50 and I will reverse and be short when stopped.
--Protective/reverse sell stop raised to 1325.50
--No change today (Tues 7/31/2012)
--No change today (Wed 7/31/2012)
--No change today (Fri 8/03/2012)
--Stop remains the same today (Mon 8/06/2012)
--Stop moved to 1348.75. Will reverse there as well. (Tues 08/07/2012)
--Stop moved to 1358.50 (Tues 08/07/2012)
--Stop remains the same today (Fri 08/10/2012)
--Stop moved to 1384.50 (Fri 08/17/2012)
--No reason to move stop closer to the noise yet. Stop remains the same today (Thurs 8/23/2012)
--Still don't see any reason to move stop just yet. (Mon 8/27/2012)
--No reason to move stop (Wed 8/29/2012)
--Stop remains the same (Wed 9/05/2012)
--Stop moved this morning to 1389.25 (Fri 9/07/2012)
--Sold Sep position today at 1463.00 for 105 pts profit per contract on this leg.(Fri 9/14/2012)
--Entered long at 1456.75 in Dec contract essentially rolling my Sep position into Dec. Initial stop is 1409.50 (Fri 9/14/2012)
--Stop remains the same for now. (Wed 9/19/2012)
--Market remains in consolidation and have not found fit to move my trailing stop yet. (Tues 10/09/2012)

 

[ammo]

spx ledge at 51 and trendline at 47

 

[Humpy]

Quote from ammo:

spx ledge at 51 and trendline at 47

OK so which way then ?

 

[Humpy]

Path A

or

Path B

 

[ammo]

i dont know, i just know that it moves down til it finds buyers,up til it finds sellers,mp shows those congested areas where there are the most waiting,so i just ride it from point to point, the widest nips are the largest supply of either and the other spots they are there but not as many ,it just moves from target to target,imperfectly, as does everything in trading

 

[ammo]

es ,if that doesn't provide a stop there is a tiny cleave at 44 and an untouched nip at 40 50

 

[DanS]

Long 48.50, stop 46.50, target of 58.80