ES Journal Archive (2009 - 2010)

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this pattern today where one or the other flatlines, is a trend day,the days where they exchange the lead are scalp or chop days, and then if you are watching this 31-33 area for a little rally into or a fade at ,u watch the ratio and volume expand in one or the other to give u a bias edit: sorry jorge,on the TOS platform i put up a uvol chart and in studies i click compare with and type in dvol,so i have a comparison graph
 
Quote from ammo:

this pattern today where one or the other flatlines, is a trend day,the days where they exchange the lead are scalp or chop days, and then if you are watching this 31-33 area for a little rally into or a fade at ,u watch the ratio and volume expand in one or the other to give u a bias edit: sorry jorge,on the TOS platform i put up a uvol chart and in studies i click compare with and type in dvol,so i have a comparison graph
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Fascinating ... are you using a canned set of indicators or are you building up your own from volume at tick level
 
ihave wilders rsi and slow stoch but i dont use em much, ive tried a bunch of indicators and never really got the hang of it,still trynew ones once in a while, watch market profile which is a good indicator, same as tl's but sideways,together they work well
 
Quote from ammo:

looking at it now, dvol/uvol ratio went from 7/1 rougly at it's worst to 4/1 at the moment
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What happened was that there were 10 stocks in OEX, NDX and Dow that never traded down, and has been on fire trading at their respective R2 or higher.

That alone offset most of the loses in other marginally down stocks.

Good trick isn't it?
 
Quote from opt789:

This is what I posted elsewhere yesterday morning about the Euro:
“Seems Euro should hold the 1.4260 area or it looks like a quick trip to 1.42, then 1.4068 if that doesn’t hold it.”
We are due for a bounce since we have come so far, but I don’t see how that will change the downtrend, so I wouldn’t be overly optimistic about longs.
So far it has less than a large impact on the ES but if we break 1.40 people will starting thinking about 1.37, and it will be hard to avoid that having an impact on other things.
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Sorry, off by .0002, the low so far is 1.4066, I will try to do better next time.
 
Quote from opt789:

Sorry, off by .0002, the low so far is 1.4066, I will try to do better next time.
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Nice one!

I am trailing a short at the moment, I see 1.4 as breather zone

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2706866>
 

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