ES Journal Archive (2006 - 2008)

smilingsynic · Jul 9, 2008

Quote from opt789:

Smilingsynic,
You may have mentioned this before, but I don't remember.
Do you just use standard pivot points using 24 hour data and the 4:15 close, or do you do something else?

9:30-4:15.

Buy1Sell2 · Jul 9, 2008

Staying short here with the stop remaining aT 1296.00

Lawrence Chan · Jul 9, 2008

Something funny happened on the ES book today.

A 3000+ bid keep showing up and then disappear in seconds.

Almost always behind the best bid ...

opt789 · Jul 9, 2008

Quote from smilingsynic:

9:30-4:15.

Thanks.
So while standard users would have been waiting for a bounce at the 1262 pivot, you were looking for one at 1264.5 or so?

ammo · Jul 9, 2008

7/2 and 7/7 on 30 min his brings in tl at 62 ,little volume spike there ,1- 1;30 time bar,see if they hold it here,usd/jpy broke support 40 mnutes ago

wave · Jul 9, 2008

Morning short play over, pulling up me shorties again. Bulls are feeding again.

smilingsynic · Jul 9, 2008

Quote from opt789:

Thanks.
So while standard users would have been waiting for a bounce at the 1262 pivot, you were looking for one at 1264.5 or so?

Yes.

What's a "standard user"?

Allen3 · Jul 9, 2008

Quote from wave:

Morning short play over, pulling up me shorties again. Bulls are feeding again.

What do you use to determine that view point, Price action, volume, probable resistance points, order flow.... ?

vertigo3 · Jul 9, 2008

smilingsynic,
you can't even get a calculated pivot series for the RTH on mypivots.com, so standard user might be someone who uses 24hr globex.

opt789 · Jul 9, 2008

Quote from smilingsynic:

Yes.

What's a "standard user"?

Joe Blow traders just using software that uses 24 hour data, and those looking at things like mypivots.com. I was thinking in terms that the "average" user is probably using 24 hour data. I was just looking at it today and the numbers are quite different depending on which you use. What is your opinion on it?