ES Journal Archive (2006 - 2008)

[Spooz Top]

ditto......1/2 @ even.........looking at 20/22 as next R......thne 28/32 zone.

 

[ASusilovic]

Quote from Spooz Top:

ditto......1/2 @ even.........looking at 20/22 as next R......thne 28/32 zone.

28 / 32 seems to be a decent figure for todays session...

 

[kinggyppo]

Quote from vertigo3:

avarus,
I'd be interested in absolutely anything you have to say about gaps.
I pay attention to them, but other than knowing where they are on the chart, why they fill and the significance of the prices you mentioned are just mysteries of the universe to me.

I have paid attention to observations from Pekelo that odds are high that when a gap in one direction (unfilled during the course of the trading day) is followed by another gap, that the second gap has high odds of filling, but other than that, the when and the why of filling is still a mystery to me.

Can you shed any light?
Can you explain the signficance of the price levels you mentioned?

Here is a typical gap fill eh?

 

[Buy1Sell2]

Will be looking for the proper time in the next week or two to get long again. No positions on for now. (I am carrying long Cotton and Sugar positions in the Eclectic Journal).

 

[kinggyppo]

bought the top here.

 

[kinggyppo]

Quote from kinggyppo:

bought the top here.

Out -$5.00, I thought the gap had filled and that we were going to take off. Bought the high today, bad entry. The gap did fill this morning and we may be headed for the pivot. This pop this morning I think was mostly due to AAPL which had strong earnings.

http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:gap_trading_strategies


http://www.cbot.com/cbot/pub/cont_detail/0,3206,1070+14719,00.html

 

[fearless9]

Quote from Buy1Sell2:

Will be looking for the proper time in the next week or two to get long again. No positions on for now. (I am carrying long Cotton and Sugar positions in the Eclectic Journal).

In order to maintain a diverse spread of trades, I would like to ask what criteria you use when selecting markets.

regards
f9

 

[Spectre2007]

expecting 1570 by Fridays AH close.

 

[futuman]

Quote from Spectre2007:

expecting 1570 by Fridays AH close.

That's what I call optimism.

 

[dmartin]

Quote from Spectre2007:

expecting 1570 by Fridays AH close.

Not a chance!

DMartin