ES Journal Archive (2011)

Status
Not open for further replies.
heres the daily 6 mo spx,we will hit that 98-95 nip before turning north,the rest is timing ,which as mentioned earlier,not one of my strengths..overall picture filtered down to 5 minutes,then if we do get some momentum,if,you are rprepared and its quick ,you can hold for the larger swing ,knowing where larger s/r is,knowing that all these others are still pushing not losing steam is a great tell whether to cut bait or stay with trade
 

Attachments

Quote from ammo:

spy,spx,es, xom aapl,eur/usd,dx,cl,uvol/dvol,tick,adv/decn,..just watch the package and you have a better sense of what the bigger money is watching,trade less,but hopefully for bigger moves

If it's what you need to watch, more power to you.. It only serves to distract me.
 
Quote from gmst:

long 1207.5

out at 1205.5. I was earlier once again.

Anyways so thats the losing story!

Now short 1206. for eod close. ES is not going higher today. There has been so much weakness in the market whole last week, but ES was unable to break 1207-1210 area, probably becoz of traders defending it due to opex.

Now, as opex is behind us, we saw today ES broke through last 2 days low. Its game over for the bulls now, at least today.

My disaster stop on this trade is 1220 (primarily to save myself from some lightening bolt like swap rate cut 50 bps or so :))
 
Quote from JoshDance:

If it's what you need to watch, more power to you.. It only serves to distract me.
strong ADD tendencies so the distraction helps me focus,since it is harder to focus on one thing
 
Quote from gmst:

out at 1205.5. I was earlier once again.

Anyways so thats the losing story!

Now short 1206. for eod close. ES is not going higher today. There has been so much weakness in the market whole last week, but ES was unable to break 1207-1210 area, probably becoz of traders defending it due to opex.

Now, as opex is behind us, we saw today ES broke through last 2 days low. Its game over for the bulls now, at least today.

My disaster stop on this trade is 1220 (primarily to save myself from some lightening bolt like swap rate cut 50 bps or so :))

did you just get trapped? :D
 
Quote from ammo:

heres the daily 6 mo spx,we will hit that 98-95 nip before turning north,the rest is timing ,which as mentioned earlier,not one of my strengths

As we (most people if anyone?) do not have access to intraday SPX volume at the minute level, much less the tick level as it's an index, do you feel confident in the profile being accurate for the SPX? My profile for SPX daily is totally different from yours, and in fact shows a low volume level around 95-98. Wouldn't using ES be more accurate?
 
es is more acc but it 's monthly so the math used to convert charts,for instance the mar just started getting volume last thurs,is only a few days old,not sure about the accuracy if we get down to 92,since we havn't been there since 11/30
 
Status
Not open for further replies.
Back
Top