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07/18/2018 Live Update

Trades with cats
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Re: 07/18/2018 Live Update

Post by Trades with cats »

Flag pole. This morning FT71 commented that yesterday's move would normally have taken several days. So he expects market will back and fill to add volume to the pole. Sure saw that overnight and this morning. Then somebody decided nope, need to push the highs and here we are. You can see on the order flow cumulative delta where a lot of contracts crossed the bid ask to goose the market every 20 minutes or so. Getting across the overnight high was the only time it triggered a relative volume surge.
ES 09-18 (5 Minute) 2018_07_18 (11_31_38 AM).png
Trades with cats
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Re: 07/18/2018 Live Update

Post by Trades with cats »

Yes I do enjoy seeing the relative volume of limit orders as background on the chart. Yes I do enjoy watching the bid ask volume delta for divergence. It gives me a sense of knowing what is happening that I did not have before. Chart right now makes it clear that a lot of money thinks ES 2820 is a good place to sell just like a lot would like to buy at 2805 and everything in between has low conviction.

No more comments on my new toys. If you want to test them for free you certainly can they just won't let you trade off of it.
te_fern
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Re: 07/18/2018 Live Update

Post by te_fern »

VWAP held and pushed it back into the channel....
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te_fern
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Re: 07/18/2018 Live Update

Post by te_fern »

Coolbiz just said he sold all of his long positions expecting a 30 to 50 pt pullback. Will buy them back lower....
This is not investment or trade advice.
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MrMiyagi
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Post by MrMiyagi »

Let's Go Market, you're boring the shit out of us..............
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Al_Dente
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Re: 07/18/2018 Live Update

Post by Al_Dente »

te_fern wrote:Coolbiz just said he sold all of his long positions expecting a 30 to 50 pt pullback. Will buy them back lower....
thanks boss :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
mylock
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Re: 07/18/2018 Live Update

Post by mylock »

1der wrote:fwiw -
SPY PBar at 281.63 is still out there not yet filled. I have not seen any higher SPY PBars going back 12 mos.
Dont we have a 275.52 pbar on the downside as well? I think i remember that one specifically.
brokebybernacke2
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Re: 07/18/2018 Live Update

Post by brokebybernacke2 »

mylock wrote:
1der wrote:fwiw -
SPY PBar at 281.63 is still out there not yet filled. I have not seen any higher SPY PBars going back 12 mos.
Dont we have a 275.52 pbar on the downside as well? I think i remember that one specifically.
believe so, but not sure we get that down bar target, would be nice. watching real nice set up on smallies.
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Cobra
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Re: 07/18/2018 Live Update

Post by Cobra »

testing day high again, key time.
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Trades with cats
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Re: 07/18/2018 Live Update

Post by Trades with cats »

Not arguing with Cobra, just pointing out my tick chart is all tails and wicks as we cling to the overnight high and the five muinte bars are just as bad. So clearly this is today's line in the sand.
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Al_Dente
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Re: 07/18/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
steep.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
1der
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Re: 07/18/2018 Live Update

Post by 1der »

mylock wrote:
1der wrote:fwiw -
SPY PBar at 281.63 is still out there not yet filled. I have not seen any higher SPY PBars going back 12 mos.
Dont we have a 275.52 pbar on the downside as well? I think i remember that one specifically.
I have to double check that one. We do have quite a lot open below. The interesting thing is nothing above except this 281.63 one :twisted:
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Al_Dente
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Re: 07/18/2018 Live Update

Post by Al_Dente »

EARNINGS REPORTS
AXP, EBAY, IBM after the close today
Tomorrow: MSFT after the close
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
1der
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Re: 07/18/2018 Live Update

Post by 1der »

SPY PBars at 276.86 and 275.42 are still open. More below 270

The 281.63 is actually 281.58 on the IB Chart, from Feb 2, 2018
QED
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Re: 07/18/2018 Live Update

Post by QED »

IBM has gapped down after earnings 16 out of the last 20 times. :oops:
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Cobra
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Re: 07/18/2018 Live Update

Post by Cobra »


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Cobra
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Re: 07/18/2018 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been mixed recently. thank you guys, I'll see you in another thread soon.

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Al_Dente
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Re: 07/18/2018 Live Update

Post by Al_Dente »

check AXP after hours
wild ride
SO FAR.....
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
QED
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Re: 07/18/2018 Live Update

Post by QED »

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