ES Journal - 2019/2020

[Laissez Faire]

It seems like NQ is in hurry on its way down to fill open gap at 6pm last night. Futures market rarely leaves such open gaps unfilled!!!

Do you have statistics on that on ETH data?

I seem to have seen quite a few unfilled lately.

I ask since I only have statistics for RTH data.

 

[Laissez Faire]

Long 71. Stop @ 64.

Trailing stop @ 78.

If stopped - will probably re-enter long in the same area or on a second test of 70.

 

[QTrader20]

Do you have statistics on that on ETH data?

I seem to have seen quite a few unfilled lately.

I ask since I only have statistics for RTH data.

Although I've been manually tracking ETH gaps for years for risk mgmt purposes, I don't build statistics around it since it has nothing to do with my setups. That said, so many times I see ETH gaps filled and it got my attention.

 

[QTrader20]

It seems like NQ is in hurry on its way down to fill open gap at 6pm last night. Futures market rarely leaves such open gaps unfilled!!!

ETH gap filled....

 

[QTrader20]

I'm using 120 minutes TF chart to demonstrate what I mean by ETH gaps filled in most cases. If I don't know or I'm not sure, I'd rather say NOTHING or say I don't know. There is no need to show off or making lies.

 

[Laissez Faire]

There is no need to show off or making lies.

Did anyone accuse you of showing off or making lies?

 

[QTrader20]

Did anyone accuse you of showing off or making lies?

Not getting to that worst level yet. However, someone sent a PM trying to exploit my weaknesses for whatever reason it's. It sounded like a scam phone call from the Nigerian prince.https://www.popsci.com/story/technology/nigerian-prince-scam-social-engineering/

 

[Pekelo]

It seems like NQ is in hurry on its way down to fill open gap at 6pm last night. Futures market rarely leaves such open gaps unfilled!!!

In the last 10 days we had a sequence of 4 (four!!) consecutive upgaps and counting backwards from the last one, the 4th was filled on the 3rd trading day and the 3rd on the 4th. The first 2 are still unfilled. The first starting at 3360 SPX.

Edit: We have just pretty much filled the 2nd one at 3420 as I wrote this post.

 

[Laissez Faire]

Not getting to that worst level yet. However, someone sent a PM trying to exploit my weaknesses for whatever reason it's. It sounded like a scam phone call from the Nigerian prince.

I was in any case genuinely curious if you or anyone had the statistics on ETH gap fills. I've noticed they mostly seem to fill too, but always nice to know the actual number.

I have this data on RTH and I know it's not like how many may think.

 

[QTrader20]

NQ is likely going to have a sizable rebound after hitting level ~11600 just now.