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04/10/2018 Live Update

04/10/2018 Live Update

Postby Cobra » Tue Apr 10, 2018 9:22 am

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bias is up.
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Re: 04/10/2018 Live Update

Postby Trades with cats » Tue Apr 10, 2018 9:27 am

ES 06-18 (5 Minute) 2018_04_10.png
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Re: 04/10/2018 Live Update

Postby fehro » Tue Apr 10, 2018 9:30 am

Groundhog day :roll: :lol: take out Fri's LOD? sounds absolutely nuts.. we go down again.. everyone is going to throw in the towel. and sell and give up.. :roll: :lol: :lol:

sloppy triangle
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Re: 04/10/2018 Live Update

Postby Trades with cats » Tue Apr 10, 2018 9:31 am

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.
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Re: 04/10/2018 Live Update

Postby fehro » Tue Apr 10, 2018 9:33 am

SPX mind the gaps :roll: :lol:
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Re: 04/10/2018 Live Update

Postby Clueless » Tue Apr 10, 2018 9:34 am

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.
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Re: 04/10/2018 Live Update

Postby Trades with cats » Tue Apr 10, 2018 9:43 am

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.
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Re: 04/10/2018 Live Update

Postby Trades with cats » Tue Apr 10, 2018 10:07 am

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.
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Re: 04/10/2018 Live Update

Postby Cobra » Tue Apr 10, 2018 10:07 am


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Re: 04/10/2018 Live Update

Postby Cobra » Tue Apr 10, 2018 10:09 am

it's morning hourly filled black bar. the implication is on the top left of the chart itself.
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Re: 04/10/2018 Live Update

Postby fehro » Tue Apr 10, 2018 10:28 am

fehro wrote:SPX mind the gaps :roll: :lol:


almost there.. look to a fill
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Re: 04/10/2018 Live Update

Postby Trades with cats » Tue Apr 10, 2018 10:29 am

Overnight high ES 2658, then Thursday at 2672. We will see.
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Re: 04/10/2018 Live Update

Postby fehro » Tue Apr 10, 2018 10:30 am

fehro wrote:
fehro wrote:SPX mind the gaps :roll: :lol:


almost there.. look to a fill


SPX 2663.94 20d INDU >20d
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Re: 04/10/2018 Live Update

Postby Cobra » Tue Apr 10, 2018 10:31 am

possible uptrend day, at least this bull shall have legs.
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Re: 04/10/2018 Live Update

Postby te_fern » Tue Apr 10, 2018 10:36 am

TICKs have moved above their MA lines...
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Re: 04/10/2018 Live Update

Postby te_fern » Tue Apr 10, 2018 10:38 am

Took at stab at the long bios on this little breakout....
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Re: 04/10/2018 Live Update

Postby Trades with cats » Tue Apr 10, 2018 10:48 am

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.
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Re: 04/10/2018 Live Update

Postby te_fern » Tue Apr 10, 2018 11:00 am

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...
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Re: 04/10/2018 Live Update

Postby Trades with cats » Tue Apr 10, 2018 11:01 am

ES 06-18 (5 Minute) 2018_04_10.png
Oh man, I just looked at the 5 minute ES and it is a gravestone Doji at the overnight high :o
PS I added VWAP to go parallel with the Mid.
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Re: 04/10/2018 Live Update

Postby fehro » Tue Apr 10, 2018 11:03 am

RUT at 20d/50d.. over it look out above.. mind SPX 20d .. and upper gaps
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