ES Journal - 2021/2022

[chillibean]

pullback unrder 20 would be nice for along

 

[Master Pu]

I personally don't consider today's price action to be typical of a trend day, yes markets are up, but it's spiky.

 

[Zodiac4u]

The 60mn is over done, 29-34 is sellers delight,

 

[Master Pu]

If and when NQ breaks 13810 markets very likely to keep rallying.

 

[Zodiac4u]

The 60mn is over done, 29-34 is sellers delight,

The 60mn bar has closed, the numbers still apply for another 60mn,

 

[wiesman02]

The 60mn bar has closed, the numbers still apply for another 60mn,

some peoples 60 min bars close on the half hour. I use cqg for instance and that’s what they do

 

[chillibean]

L 4222

 

[Zodiac4u]

some peoples 60 min bars close on the half hour. I use cqg for instance and that’s what they do

Than wouldn't that be a 30mn bar? I used to use CQG also and the time frame bars are the same as everyone else's, Currently using TT,

 

[donnap]

Both of the spreads the diagonal Mon/Fri 4150/4160P and todays 4190/4200/4210 call fly have been blown out of the water thus far. Low risk, though.

The fly still has a chance.

The 60mn is over done, 29-34 is sellers delight,

Yeah, I sold a couple in the 29s and one in the 27s MES. All closed this minute. The only keeping me even in ES today.

Will be looking to get long next.

 

[Master Pu]

Than wouldn't that be a 30mn bar? I used to use CQG also and the time frame bars are the same as everyone else's, Currently using TT,

I am not sure whether intraday bars have that much meaning to big volume traders, so whether hourly close on the hour or half-hour probably doesn't have a huge difference IMO. This is because I believe that how price reacts to an important level trumps intraday bar's OHLC. Pro traders monitor what is happening to supply/demand at various levels and trade accordingly.