ES Journal Archive (2006 - 2008)

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Quote from Spectre2007:

here is a nice technique...

at any given time during a session place, chart resistance and support on a tic basis...

when price fails to touch levels below or above and meets other levels, you have the underlying bias of the market..

since 54 had a hard time to be retested and upper levels posed no real challenge, implies orderflow is buyside oriented.. atleast algos are set that way for the time being.

stratify the market ...
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also remember first few hrs of AM session are trending, and last few hrs also, in between is countertrending stop runs.(lunch time)
 
Quote from Spectre2007:

also remember first few hrs of AM session are trending, and last few hrs also, in between is countertrending stop runs.(lunch time)
More...

That's what someone would call a run. You see the same pattern across equities. Here is a tick chart of GOOG for fun.
 

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You guys are beating up on "KISS". Just trade this stuff, do not get intellectual. A game of odds off of your well honed signals.

Oats are 4.41 a bu, forget buying a horse, get a TOYOTA prius. .. :D

Banjo said he has order in and has been listed as a buyer when the VOLT hits the street. Pre order to be in front of the line when they come out .
 
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