S/R Emini Journal

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Quote from romik:

I still don't get it, looking at 1 lot sold, how do you know whether it is a short or a closed long position?
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That is a great question and it does depend what is happening with price......but there are ever repeating patterns of order flow (market profile and market delta fundamentals). These repeated observations can easily and logically be claimed as new selling or new buying, which at the time is the dominant portion of the order flow. They key is to track the pockets of heavy volume (price levels) and watch if price returning to these levels shifts order flow to a positive or negative "net" delta. Price rejecting a key level is not caused predominantly by "covering" order flow.....it is caused by the "initiated" order flow group.

This is another reason to track and observe the days cumulative "delta".....this will always show which side has the most conviction for that day.
 
Quote from 5Pillars:

That is a great question and it does depend what is happening with price......but there are ever repeating patterns of order flow (market profile and market delta fundamentals). These observations can easily and logically be claimed as new selling or new buying, which at the time is the dominant portion of the order flow.

This is another reason to track and observe the days cumulative "delta".....this will always show which side has the most conviction for that day.
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You obviously understand this (intraday) more than I do. But daily delta is seen in daily chart's price action, is it not? I am interested in more analyses from you any time 5P. Nice work!
 
Quote from romik:

long 1327.25, stop 1323.75, PT 1332
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Holding into tomorrow. RSI looks good, so does CCI. And out of the Bull Flag, bring it on! All the best to all!
 
ES........daytrading........it is not rocket science or even beyond the grasp of the poor kid hanging off the back of the garbage truck.......i respect them also by the way......just making the point that simplicity is not any of the above posts........too much information and trader discretionary input.........all bad emini daytrading.......truth......and always will be...straight from porige...........based on 8 years 2 from FILTHY RICH BOSS almost 6 from just plain old filthy and poor porgie........ .......porgies' brother...#2......do it the hard way until it gets easy......there is no easy way........not worth it according to some.......porgie's other brother...#3...there are more brothers but porgie is the one who has the truth.....the real truth of real stuff has not been seen here yet or anywhere on forums until MR. MARCUS SPEAKS, THEN U NEED TO LISTEN READ PRINT IT OUT OR FILE IT AND CHERISH IT.....HE HAS THE TRUTH ALSO BUT CAN SIMPLY LOOK AT CHART AND SEE THE TRUTH WAY DOWN THE ROAD.......attackers broke him from the habit of giving truth here........i like the attackers as they only make themselves look stupid, not tq...... :p :p :p :p :
 
Quote from romik:

You obviously understand this (intraday) more than I do. But daily delta is seen in daily chart's price action, is it not? I am interested in more analyses from you any time 5P. Nice work!
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There is more to it than just a cut and dry answer. There are times when minimal positive "delta" can cause more price action range than normal. This can be caused by the offer being lifted during a news release or right at the end of day when SHORT's close out to hold profits (like todays close.....everyone just got out of the way).

Most of this comes from understanding Auction Market Theory, and the "delta" is just a tool to see through the days total volume flow..........it measures conviction in the order flow.
 
Hello George, how are you old chap?

Personally, I can hardly remember when I was attacked, apart from Wunder J of course LOL. I've told you this before, if you "brag" online about a 100% system and do not show at least 1 day's worth of live calls, then, frankly, I am not surprised at the outcome.

The only way to gain respect on ET IMHO, if one desires it of course, is to make some calls real-time. Show the bashers what you are made of my man.

Quote from tradequicker:

ES........daytrading........it is not rocket science or even beyond the grasp of the poor kid hanging off the back of the garbage truck.......i respect them also by the way......just making the point that simplicity is not any of the above posts........too much information and trader discretionary input.........all bad emini daytrading.......truth......and always will be...straight from porige...........based on 8 years 2 from FILTHY RICH BOSS almost 6 from just plain old filthy and poor porgie........ .......porgies' brother...#2......do it the hard way until it gets easy......there is no easy way........not worth it according to some.......porgie's other brother...#3...there are more brothers but porgie is the one who has the truth.....the real truth of real stuff has not been seen here yet or anywhere on forums until MR. MARCUS SPEAKS, THEN U NEED TO LISTEN READ PRINT IT OUT OR FILE IT AND CHERISH IT.....HE HAS THE TRUTH ALSO BUT CAN SIMPLY LOOK AT CHART AND SEE THE TRUTH WAY DOWN THE ROAD.......attackers broke him from the habit of giving truth here........i like the attackers as they only make themselves look stupid, not tq...... :p :p :p :p :
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Quote from tradequicker:

ES........daytrading........it is not rocket science or even beyond the grasp of the poor kid hanging off the back of the garbage truck.......i respect them also by the way......just making the point that simplicity is not any of the above posts........too much information and trader discretionary input.........all bad emini daytrading.......truth......and always will be...straight from porige...........based on 8 years 2 from FILTHY RICH BOSS almost 6 from just plain old filthy and poor porgie........ .......porgies' brother...#2......do it the hard way until it gets easy......there is no easy way........not worth it according to some.......porgie's other brother...#3...there are more brothers but porgie is the one who has the truth.....the real truth of real stuff has not been seen here yet or anywhere on forums until MR. MARCUS SPEAKS, THEN U NEED TO LISTEN READ PRINT IT OUT OR FILE IT AND CHERISH IT.....HE HAS THE TRUTH ALSO BUT CAN SIMPLY LOOK AT CHART AND SEE THE TRUTH WAY DOWN THE ROAD.......attackers broke him from the habit of giving truth here........i like the attackers as they only make themselves look stupid, not tq...... :p :p :p :p :
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So you sailing again today with Capt. Morgan? :D

....on the rocks or room temp?
 
which one are u talking to..........tq.....brother #2 brother #3 or porgie also known as master chang......just having a little fun matey......nothing intended good or bad........like to see my thoughts on screen.....big ego........have a wonderful trading experience.......from all of us......blood is thicker than mud.......
 
no my friend.......don't ever drink alcohol......don't buy lotto tickets and never have even bought one......and never will......am almost a perfect guy, wouldn't you say...... ......i don't gamble but i trade emini's........when u have a super high percentage system no gamble is there.......very low risk ......be good and don't gamble or drink okay? tq #2 #3 master chang
 
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