ES Journal Archive (2011)

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Quote from klinckphilip:

apparently my first 5 posts are taking an hour before they show up

My last trade almost got taken out. Stop was at 90.25

currently at 88.25...looks like it will take a lot of time to come down at all if any. It is having a hard time. I think it will be 1pm est before it finally works its way down 3-5 pts.

Thanks Philip,

Yes I think you may be correct. I moved my sell to 90.25 but if I don't get filled in the next few minutes I'll cancel it. It looks like it could be a "long T-top" day where it moves up at the beginning and then bounces around at the top.
 
I have a question about the upside. I have been trying to catch this and someone mentioned that it would go up today.

I can see that the daily is oversold but how do you determine when it will make its move to the upside?
 
Quote from tomahawk:

ammo, trend day on your uvol/dvol diversion chart?

(10:49 EDT)
fllatline for last 40 min,on roll day they are moving a lot of calendar sprds,if THEY are in control,it might be easier to do it in a stagnant price range
 
Quote from klinckphilip:

I have a question about the upside. I have been trying to catch this and someone mentioned that it would go up today.

I can see that the daily is oversold but how do you determine when it will make its move to the upside?

At the right time-volume-price juncture, you start trendfollowing mode. When "it happens", you catch it. So f...ing simple it hurts typing it.
 
Quote from klinckphilip:

I have a question about the upside. I have been trying to catch this and someone mentioned that it would go up today.

I can see that the daily is oversold but how do you determine when it will make its move to the upside?

the house (HFT, banks, brokerages, hedge funds, prop firms) can determine to make the market move up. They have the leverage, advance technology, top notch math/computer engineers, and advanced technical analysis to make the market move up
 
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