the londonkid report

Status
Not open for further replies.
dealers? u mean market makers? Are there MMs in the ES?

By dealers I mean the traders who trade size on the sell side, these traders make coin by working the spread but they can also be speculative. Yes there are market makers in the ES. GL
 
evening gents. Stating the obvious we didn't get the upside I was expecting. My belief is that dealers hold net long and will look to push price to 1955 cash (1947 in the H6 futures) early next week. I had a think about all the comments along the lines of 'but you don't trade spoos', I ended up taking a couple of small trades from my phone in the personal account. Anyways good weekend.

sp500.png
 
Anyway, call didn't work. Got close to 1900 but didn't get back to 1950.

You win some, you lose some.

yep just wouldn't get up there. i wasn't expecting that dollar weakness and imo it kept a cap on equities. I managed to bank a little from my phone.
 
evening gents. Stating the obvious we didn't get the upside I was expecting. My belief is that dealers hold net long and will look to push price to 1955 cash (1947 in the H6 futures) early next week. I had a think about all the comments along the lines of 'but you don't trade spoos', I ended up taking a couple of small trades from my phone in the personal account. Anyways good weekend.

View attachment 162128

The fairval figure for March/cash is -300. I don't know where you're getting March futures as 800 under cash.
 
The fairval figure for March/cash is -300. I don't know where you're getting March futures as 800 under cash.

Yeah thanks that value is awol. I am referencing a level from cqg continuous future from way back. Will have to revise it and find out wtf cqg is doing.
 
My belief is that dealers hold net long and will look to push price to 1955 cash
There is a huge gap between a belief and market reaction.
1 we are in a bear market so don't expect too much upside.
2 volumes are still weak during rebounds.
3 why would dealers push price now rather than 1 week ago? 1 month ago ?
4 dealers are not the markets. Markets cannot be pushed artificially. If yes, Kerviel would never lose money in 2008.
5 it is better to focus on price & market action day to day rather than "believes".

CM
 
There is a huge gap between a belief and market reaction.
1 we are in a bear market so don't expect too much upside.
2 volumes are still weak during rebounds.
3 why would dealers push price now rather than 1 week ago? 1 month ago ?
4 dealers are not the markets. Markets cannot be pushed artificially. If yes, Kerviel would never lose money in 2008.
5 it is better to focus on price & market action day to day rather than "believes".

CM

What market is an a bear phase? 25% off the highs is the Generally believed def of a bear market.
 
evening gents. Stating the obvious we didn't get the upside I was expecting. My belief is that dealers hold net long and will look to push price to 1955 cash (1947 in the H6 futures) early next week. I had a think about all the comments along the lines of 'but you don't trade spoos', I ended up taking a couple of small trades from my phone in the personal account. Anyways good weekend.

View attachment 162128

What exchange is that?
 
Status
Not open for further replies.
Back
Top