ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from Eko_Trader:

Good point. But would you advocate buying at here?


usually on a trend day you want to buy the dips, my point was about expecting the market to reverse on a trend day. If you recognize it is a trend day and it is too expensive then sit on your hands.

Here is a chart with es spike, 48,154 vol up, 25,999 down vol that is net positive 22,155, now were all of those contracts one buyer no, but net it is enough to make this move. This is the basic idea of market delta.
 

Attachments

Quote from kinggyppo:

usually on a trend day you want to buy the dips, my point was about expecting the market to reverse on a trend day. If you recognize it is a trend day and it is too expensive then sit on your hands.

Here is a chart with es spike, 48,154 vol up, 25,999 down vol that is net positive 22,155, now were all of those contracts one buyer no, but net it is enough to make this move. This is the basic idea of market delta.

http://www.screencast.com/users/Mar...rs/media/eb7fa1ee-61f7-4ee1-a717-c4d040e27b58

discussion of delta trading etc, enjoy.
 
Quote from ASusilovic:

Buy 1051 or better. Target 1081.75 tomorrow.

Quote from ASusilovic:

1074. 1/2 position exit. Rest target 1081.75.

Target reached. Exit rest of position. One day later than expected. Better late than never...
 
Status
Not open for further replies.
Back
Top