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04/10/2018 Live Update
Posted: Tue Apr 10, 2018 9:22 am
by Cobra
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bias is up.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 9:27 am
by Trades with cats
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 9:30 am
by fehro
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 9:31 am
by Trades with cats
Stats from FT71 this morning. A neutral day defined as the one hour opening range broken in both directions. Happens 28% of the time based on a 2,500 day sample.
I minute harmonic rotation in the ES is currently 3.75 points, so with any given trade odds favor close to 2 points of noise on either side of your entry.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 9:33 am
by fehro
SPX mind the gaps
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 9:34 am
by Clueless
Uncertainty will drop the market again the last 2hours of the day.This is going to be the pattern at least for some days. It is very difficult to go to sleep being bullish not knowing what you will wake up to.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 9:43 am
by Trades with cats
Ah the joy and pain of swing trading futures. It is good to go to bed with a stop loss on that will be honored. It is a pain knowing that the prop desks all have Hong Kong branches and they have a market map of all the stop losses. Of course the second issue is full collateral once 4 pm hits, not the invisible day trader levels.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:07 am
by Trades with cats
Yesterday afternoon there was two way trading between 2649 and 2639, then it sort of waterfalled to 2610. Not predicting a repeat, but I will say we have had a few low volume melt ups that have not ended well for the bulls.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:07 am
by Cobra
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:09 am
by Cobra
it's morning hourly filled black bar. the implication is on the top left of the chart itself.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:28 am
by fehro
fehro wrote:SPX mind the gaps
almost there.. look to a fill
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:29 am
by Trades with cats
Overnight high ES 2658, then Thursday at 2672. We will see.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:30 am
by fehro
fehro wrote:fehro wrote:SPX mind the gaps
almost there.. look to a fill
SPX 2663.94 20d INDU >20d
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:31 am
by Cobra
possible uptrend day, at least this bull shall have legs.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:36 am
by te_fern
TICKs have moved above their MA lines...
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:38 am
by te_fern
Took at stab at the long bios on this little breakout....
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 10:48 am
by Trades with cats
Stopping for now at the overnight high, or "should I stay (long) or should I go (test the lows)'.
Because it could be an ABC or it could easily be a 1, 2 and currently in 3 up with 4 down and five up getting us back towards Thursday's high.
And the last 20 minutes sure looks like a relentless up grind.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 11:00 am
by te_fern
Took profit on the pullback. Hard to believe this will go much higher, up over 6% already. If I had been watching I should have taken profits at R2 pivot...
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 11:01 am
by Trades with cats
Oh man, I just looked at the 5 minute ES and it is a gravestone Doji at the overnight high
PS I added VWAP to go parallel with the Mid.
Re: 04/10/2018 Live Update
Posted: Tue Apr 10, 2018 11:03 am
by fehro
RUT at 20d/50d.. over it look out above.. mind SPX 20d .. and upper gaps