ES Journal - 2017/2018

[volente_00]

Seems stops are being ran outside of RTH vs RTH. Don’t understand that.

Easier to manipulate with thinner volume

 

[FriskyCat]

ES was limit down during AH. Never has been during RTH that I am aware of.

Also every limit down on ES has paid very well for buying when it was at least since 2006.

Yes, non-RTH.

 

[Longshot520]

A short at 2690 and a long at 2610 look to be safe bets today. Until they're not

Missed my 2610 entry by 3 points this morning. Maybe another try after market open

 

[El OchoCinco]

85

You want me to talk this sucker back up again ?

 

[Aj2014]

short 2665
stop at 75

adding 70 same stop. Gotta go out now, but if not stopped, limit target is at 2655

kinda wish I would have held a little

 

[volente_00]

Looking for 2648 and then 2669 touches today

 

[El OchoCinco]

Looking for 2648 and then 2669 touches today

Basically the pivot point and yesterdays high. I think the PP at 2651 is a possibility but overall momentum still leaning lower....

 

[Specterx]

Do I understand correctly that trading is not halted, but there's simply a up/down limit for the prices?

It seems like for trading to be halted, there has to be a halt in the cash SP500 index:

https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html

Trading is not halted, you just see the price stuck there with 2000 cars on the offer, occasional trades at the offer and none at the bid. Though I remember in the SocGen crash my platform did show 1 car at the bid

There are different levels for overnight and RTH, I think -5% and -10% respectively.

 

[El OchoCinco]

Is the market selling off again? what? I am sure it reverse and set up another rally to bring back the longs before turning over. However being Friday expect to see a lot of going no where chop.

 

[REDP1800]

Seems stops are being ran outside of RTH vs RTH. Don’t understand that.

that is because it is easier to move the market at night with your cancels and less volume. if you have the ability to love the market at night and run stops then you have the knowledge that you did this do you have an informational advantage that you can mow buy the market because you know that you were just rynning stops. totally legal. most of the moves are searching for liquidity