ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
I agree with Ivan that she could break either way. However, oil really came off its lows, and if I'm to make a decision based on that, I'll say the market follows.

Long Aug spy 100 calls @ .57

Not saying we hit a 1000 again in days, but we can give it a shot.
 
Without VWAP bots, ES should be printing low 970s now.

They've been buying all day.

If ES does not pop up now, they will unload fast.

Edit: as long as more people buying now, ES will melt down. =)
 
Don't you think it could be more simple, people who have been out of this rally see big down day and want to go long. All of my trades have been on the long side today.

Quote from Lawrence Chan:

Without VWAP bots, ES should be printing low 970s now.

They've been buying all day.

If ES does not pop up now, they will unload fast.

Edit: as long as more people buying now, ES will melt down. =)
More...
 
Market needs to break 977 to the down side to induce some panic selling otherwise you get more buyers trying to get long before the rally.

Quote from oraclewizard77:

Don't you think it could be more simple, people who have been out of this rally see big down day and want to go long. All of my trades have been on the long side today.
More...
 
Quote from oraclewizard77:

Don't you think it could be more simple, people who have been out of this rally see big down day and want to go long. All of my trades have been on the long side today.
More...

50% of the daily volume are bots.

They make $ day in day out 95% of the time.

How? Making it simple, is that they counter the intraday trend and force for mean reversion to the VWAP of the day if there is no outside paper dominating the direction. Or, front run the outside paper if they are detected.

The price action around VWAP +/- 2 pts provide important information what the bots are doing in the indices and the underlyings.
 
Quote from Lawrence Chan:

50% of the daily volume are bots.

They make $ day in day out 95% of the time.

How? Making it simple, is that they counter the intraday trend and force for mean reversion to the VWAP of the day if there is no outside paper dominating the direction. Or, front run the outside paper if they are detected.

The price action around VWAP +/- 2 pts provide important information what the bots are doing in the indices and the underlyings.
More...

Appreciate your comments.
:cool:
 
Markets been range bound this afternoon between 979 and 982. You can make money either short or long depending on bias by shorting around 982 and/or going long around 979.50.

People being burned right now are trying to buy the breakouts of either range.
 
Quote from oraclewizard77:

Markets been range bound this afternoon between 979 and 982. You can make money either short or long depending on bias by shorting around 982 and/or going long around 979.50.

People being burned right now are trying to buy the breakouts of either range.
More...


perhaps creating a coil similar to Friday?


btw - L.C. - Thanks for your expert commentary, much appreciated
 
Status
Not open for further replies.
Back
Top