ES Journal Archive (2011)
- Thread starter Buy1Sell2
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I look at the 04:00 close, not the 04:15 close, in case that could be the reason we got different numbers?
I`m also looking at the close on ES.
I`ve learned that the market is less random than some like to believe. I guess it does not hurt that it is the gap fill area either.
Unfortunately, I lacked the foresight to hold my short overnight. Working on that.
Quote from tomahawk:
I'm a nut. I compile them myself.
EDIT: and btw, despite the stats I quoted about the 2nd day gap it sure seems like ES wants to see 1187 today (2 day drop of 100 pts), right in the 50% p/b zone of this last major up swing since 10/4. That'd also be roughly -4% from yesterday's close, in line with Europe's being down 3-5% at one point this morning.
Very interesting. I think being a nut is mandatory in this business.
Do you perform your work in Excel or do you use some other mathematical platform?
I plan on starting with some number crunching myself, so it would be interesting to hear how you do it.
Quote from Laissez Faire:
I`ve learned that the market is less random than some like to believe. I guess it does not hurt that it is the gap fill area either.
Unfortunately, I lacked the foresight to hold my short overnight. Working on that.
You talk about gap fills a lot but I have yet to see where your gaps line up with what I see on the chart usually -- I don't see any gap at 10.50?
This post included the area mentioned posted a week ago, just that we didn't go to the downside last week that far, 08.50 to 10, FWIW:
http://www.elitetrader.com/vb/showthread.php?s=&postid=3336799#post3336799
You need to plot the 0930:0400 cash session in order to see them.
If you don`t see them then, you need glasses.
Half gap above around 30.
GordonTheGekko
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Intl markets are at full tilt (down)!
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