ES Journal Archive (2009 - 2010)

[Lawrence Chan]

Those bots buying whole day were happy someone chasing the market after 3 pm.

 

[tstones]

I was back in at 996 on this one, didn't get time to post. The selloff started too late, no time to break the low..

Quote from tstones:

out 995.75

 

[Decel]

All I did was nibble some losses away.

Where to now? To me this area feels like the middle of nowhere.

But huge gap down = 2nd day gap.
huge gap up = short.

....interesting.

 

[kinggyppo]

spy 60 min chart

 

[JSSPMK]

Quote from kinggyppo:

spy 60 min chart

Also points to 98 ImPO

 

[Lawrence Chan]

Quote from JSSPMK:

Also points to 98 ImPO

Last Friday and Monday combined is now a shooting star.

If the gap above is not filled in coming 2 days, stronger sell pressure is expected.

 

[saliva]

Quote from tstones:

Yes. But the value QT (QuoteTracker) calculated for me is different from what LC is getting.

Quote from Lawrence Chan:

Remember this,

1. RTH only VWAP always start its value = the 1st trade of the day at 9:30 am

2. Note down the difference between your VWAP and the opening price at 9:30

3. This difference will diminish over the trading day

You can then mentally figure out where the RTH only VWAP is during the day.

Hope this helps.

For those who might not be familiar with QuoteTracker, I just want to emphasize that you can indeed change the timeframe within the chart to reflect only the RTH session. It will then show only the data from 9:30 AM as indicated by LC. Refer to the attached image to see the VWAP as well as for a pointer.

 

[tstones]

understood. I didn't realize the value difference was due to the timeframe.

But did you find a way to have 1 chart doing RTH, and another one doing globex? They all seem to change together.

Quote from saliva:

For those who might not be familiar with QuoteTracker, I just want to emphasize that you can indeed change the timeframe within the chart to reflect only the RTH session. It will then show only the data from 9:30 AM as indicated by LC. Refer to the attached image to see the VWAP as well as for a pointer. [/QUOTE]

 

[Builder17]

Quote from Lawrence Chan:

Last Friday and Monday combined is now a shooting star.

If the gap above is not filled in coming 2 days, stronger sell pressure is expected.

which gap? you talking long term gap above? im not following ES (sorry), but theres no recent gap (above) on SPY from the past few days, (except that one around 108 from waaaaay back when)...

 

[Decel]

Quote from Builder17:

which gap? you talking long term gap above? im not following ES (sorry), but theres no recent gap (above) on SPY from the past few days, (except that one around 108 from waaaaay back when)...

What do you mean? There's a gap from 101 to 100.56