ES Journal Archive (2009 - 2010)

[Eko_Trader]

out 557....couldn't really break above it

 

[satchel]

Overall internals look good so far

 

[Bakinec]

Bears just let the bulls know who's the boss.

 

[Lawrence Chan]

Quote from Lawrence Chan:

Yesterday the 3:10 pop resulted in further sell off.

What about today's opening pop? =)

Someone figured out a way to overload the bots.

 

[Panama]

the morning pop brought in additional supply - another sign of distribution.

but I think more dist. / position reversal may be necessary before significant correction can be expected. If half of trades are between bots distribution and position reversal takes some time and a few bear traps to shake out retail from the best positions

 

[Pholeuon]

To be or not to be.

We are just at 200 EMA daily.

 

[volente_00]

r10, tday and 10:30 BOYZ are all fixing to meet.

 

[Lawrence Chan]

Trying hard to produce a 1-tick higher low from previous day RTH low.

Some bots got shut down as we speak - notice the price ladders across various big caps and indices all thinned out.

 

[M3peat]

I have what's probably a stupid question that I should already know. Can stops be seen by some? I swear that half of my trades are stopped out using between 4-8 ticks and then turn back in what would have been my favor for a nice gain. They usually turn back around at exactly my stop.

 

[volente_00]

Quote from M3peat:

I have what's probably a stupid question that I should already know. Can stops be seen by some? I swear that half of my trades are stopped out using between 4-8 ticks and then turn back in what would have been my favor for a nice gain. They usually turn back around at exactly my stop.

Switch to 12 ticks to compensate for your non optimal entry.
Or at least backtest it on your previous trades to see what the results would be.