ES Journal Archive (2006 - 2008)

[mbusch]

Quote from Jaxon:

mbusch, I wonder if Tradestation thinks the close is 4pm? In that case you were filled after the close, so no position at the "close."

No, Tradestation dosn't "think" anything. The automated strategy in question takes a time parameter, and I set it to 1313 (that's Paciric time). I've used this strategy before and it worked fine, but I've only used it in fully automated trading, not to close out a position established manually. Possibly there's a problem doing this. I'll have to experiment and find out what happened.

Meantime, looks like the ES has been nice to me while I was sleeping.

 

[JSSPMK]

Quote from volente_00:

rule of 10 signal was triggered on the spike.

are you counting 10 as from Y/low?

 

[mbusch]

Um, the 5-point excursion in the ES at 8:30-8:35...was that when the US non-farm payroll data was released?

 

[volente_00]

from previous support

 

[wave]

Smells like a short.

 

[apex82]

Quote from apex82:

Profit 1 on this longer term trade hit and filled... was long from 845.. same time I bought ES at 1532.

+7pts( 14 es points)

stop now at BE

Taking profit 3 on scalp entry yesterday near the close +6pts on that one as well...

Osorico you may be sitting in cash... but I am swimming in gold... Ill take either one

Taking profit 2 on ER2 longer term play for +11 pts

Exiting profit 2 on ES prematurely here at 1541 for +9pts

Still long unit #3 on er2 and es with a BE stop

 

[mbusch]

Quote from wave:

Smells like a short.

I'd wait for a solid-gold reversal bar. Looks to me like the bulls are still firmly in control.

 

[apex82]

Quote from apex82:
Watch for the smart money move into the close... indicating a gap to the upside if we have vol confirmation. [/B]

This has been amazingly accurate the past few years.... once again they tipped their hand..

This also follows a decline for the next few days starting today.. However, I want to see 1543 minimum but more like 1547 before getting to agressive on the short side.

 

[wave]

Quote from apex82:

This has been amazingly accurate the past few years.... once again they tipped their hand..

Nice work there apex. Have you ever applied this to stocks that gap the next morning? I could never solidify a method that could identify the gappers.

 

[apex82]

Quote from wave:

Nice work there apex. Have you ever applied this to stocks that gap the next morning? I could never solidify a method that could identify the gappers.

Nope...Havent worked on that yet. It basically has to do with info being leaked is my guess.