ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from apex82:

Because my trading plan says so... its a 1.75pt stop...always low risk on my trades.

I dont have any inside info on the cpi data being released do you?
More...

LOL :D
 
Quote from steve46:

Nice day here.

I noticed a while back that the $ADD (diff btwn advancing and declining NYSE issues) was often just a little bit ahead of price.

Heres a chart showing how it played out so far today.
More...

The advance decline line for the exact 500 stocks in the sp500 (versus using the ADD for the NYSE with its 3800 stocks) gives a better - a touch earlier reading...

thanks... for posting the ADD pic from the NYSE here is the ADD pic from the sp500 only...

cj...

:)
 

Attachments

Quote from apex82:

ES Resistance zones for monday, may 14.

1515.25-1516.25

1519-1521

Here is the chart..
More...

What a grind into the close.... Still have my stop at 1509.75

Here is the aftermath after the resistance zones I posted last night. Today was a beaut...
 

Attachments

Quote from apex82:

What a grind into the close.... Still have my stop at 1509.75

Here is the aftermath after the resistance zones I posted last night. Today was a beaut...
More...

Are those Grey Horizontal Bars on the chart weekly pivots ?
 
Quote from steve46:

Nice day here.

I noticed a while back that the $ADD (diff btwn advancing and declining NYSE issues) was often just a little bit ahead of price.

Heres a chart showing how it played out so far today.
More...

Good point Steve
 
A friend PMed me asking what prompted me to short YM @13377 near the end of the day. I told him I'd post answer with chart here.

FTR: Im not very good at posting charts. Charts run a non-surfing box and I have to shuttle them around for posting.

I expanded the view for annotations , and so the effect of of Equivolume bars could be seen (somewhat).

There was nothing special about this trade.

Osorico :)
 

Attachments

Quote from EdgeHunter:

The advance decline line for the exact 500 stocks in the sp500 (versus using the ADD for the NYSE with its 3800 stocks) gives a better - a touch earlier reading...

thanks... for posting the ADD pic from the NYSE here is the ADD pic from the sp500 only...

cj...

:)
More...

Thanks for the tip cj, I notice your study title says "FASTadd". I haven't had time to look through the Esignal symbol reference, but I don't remember seeing it as a canned study.

For myself, I like the composite. I see your point and it is true that you're going to see the move a bit faster than I do. I think that means a lot.

I wouldn't want to suggest that any trader use a single data point to make decisions. This is just one of several items I take note of before pulling the trigger.

Continued good luck with your trading.
Steve
 
CPI should be muted. It will be good news for the market, but the market will fail to rally and sell off tomm.

the bond market rally off the news will be sold into pretty hard, pushing rates higher.
 
Quote from steve46:

Thanks for the tip cj, I notice your study title says "FASTadd". I haven't had time to look through the Esignal symbol reference, but I don't remember seeing it as a canned study.

For myself, I like the composite. I see your point and it is true that you're going to see the move a bit faster than I do. I think that means a lot.

I wouldn't want to suggest that any trader use a single data point to make decisions. This is just one of several items I take note of before pulling the trigger.

Continued good luck with your trading.
Steve
More...

FastAdd = create the sp500 ADD in DDE excel spreadsheet by using all 500 sp stock values for up or down change value and then throw each changed value as +1 or -1 into Sierra Charts to get a summed ADD value charted as a line...

Your right it's only a touch better... both our pics were pretty in synch...

<i><b>"I wouldn't want to suggest that any trader use a single data point"</i></b>

Yes, that is a good point... to be always working on a blended viewpoint not a holy grail viewpoint...

cj...
 
Status
Not open for further replies.
Back
Top