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12/13/2018 Live Update

daytradingES
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Re: 12/13/2018 Live Update

Post by daytradingES »

10:57 AM 12/13/2018
High Est= 2670.75
Actual High 2671.00
Dif= -0.25

Low Est= 2632.25
Actual Low 2645.75
Dif= -13.50
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Cobra
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Re: 12/13/2018 Live Update

Post by Cobra »


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daytradingES
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Re: 12/13/2018 Live Update

Post by daytradingES »

Note dif of -0.25 for the HE is perfect limit sell price as you almost always have to give them the tick spread to get a fill.

On a day that is down (dir-1) HE est is key.
Once you have sold this you are in a profit mode and how far it runs is only a question of profit.

(I almost went cash today - but the coin toss factor (and roomate factor) made me hold off. - sigh.
NTA
Educational only and not trading advice (EO&NTA) :)
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daytradingES
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Re: 12/13/2018 Live Update

Post by daytradingES »

11:16
Argh!! missed a good day..........
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Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Re: 12/13/2018 Live Update

Post by Trades with cats »

ES 12-18 (10000 Tick) 2018_12_13 (11_31_29 AM).png
Volume profile makes support pretty clear.
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JFR
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Re: 12/13/2018 Live Update

Post by JFR »

Pushing on down. Back later ...

2018-12-13_0932.png
Charts posted are not recommendations. They are just a sharing of information.
Shaishen
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Re: 12/13/2018 Live Update

Post by Shaishen »

daytradingES wrote:10:57 AM 12/13/2018
High Est= 2670.75
Actual High 2671.00
Dif= -0.25

Low Est= 2632.25
Actual Low 2645.75
Dif= -13.50
Still could rach 2632 - at 2640 level is naked Vpoc from Tue 12/11 which could act as a magnet. Price usually overshoots a bit

.
Shaishen
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Re: 12/13/2018 Live Update

Post by Shaishen »

ES 2651 Yclose RTH - either we go up or down from here - I bet on down with target 2635
daytradingES
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Re: 12/13/2018 Live Update

Post by daytradingES »

I agree but I am waiting for the perfect sell day.
(I don't have much cash above margin. the hod was low risk -- now half way down - not so much)

sim sell
2651.75 11:39
Educational only and not trading advice (EO&NTA) :)
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daytradingES
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Re: 12/13/2018 Live Update

Post by daytradingES »

I need my first cash trade to be perfect.

Once I do that then I have enough to make some mistakes.

So today 2670 to 2645 is 25pts and enough for 5 stop losses of 5 points.
Educational only and not trading advice (EO&NTA) :)
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daytradingES
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Re: 12/13/2018 Live Update

Post by daytradingES »

sim trade
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temp1.png
Educational only and not trading advice (EO&NTA) :)
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Shaishen
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Re: 12/13/2018 Live Update

Post by Shaishen »

I take some off the table here at touch of NkdVpoc - seems slow action, one min candles seem to take 5 minutes.
Approaching S1 based on classic pivot or dble bottom
While I was typing it bounced LoL
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Re: 12/13/2018 Live Update

Post by Trades with cats »

The Elliot Wave point of view from Coolbiz, who has once again changed from bull to bear as of Tuesday. Saying the market is a simple pennant formation and he is looking for a major breakdown.

This was an hour ago "SPX at 2646, below the pennant, needs to take 2621.30 Tuesday's low and after 2583, likely to do it and go much lower after."
Shaishen
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Re: 12/13/2018 Live Update

Post by Shaishen »

Trades with cats wrote:The Elliot Wave point of view from Coolbiz, who has once again changed from bull to bear as of Tuesday. Saying the market is a simple pennant formation and he is looking for a major breakdown.

This was an hour ago "SPX at 2646, below the pennant, needs to take 2621.30 Tuesday's low and after 2583, likely to do it and go much lower after."
Saw his gloom doom tweet - Santa Rally 2018 canceled ?

.
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Re: 12/13/2018 Live Update

Post by Trades with cats »

Coolbiz swing trades 20 or more ES contracts. He commented several years ago that when he traded for a firm he was trading over a 100 contracts. Anyway, with that sort of size long term view is a day and he ALLWAYS has a stop on.
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Re: 12/13/2018 Live Update

Post by Trades with cats »

Traders Almanac says Santa Rally is the last five days of the year and they say to take a que from the December witching day buying the stuff that hit a low on options expiration. Theory being of course that the stuff was oversold for tax reasons.
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Re: 12/13/2018 Live Update

Post by Shaishen »

Back again to Yclose/dayVwap/ today PoC - another attempt to go down to 2635 ?
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Re: 12/13/2018 Live Update

Post by Trades with cats »

Consolidation.
Shaishen
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Re: 12/13/2018 Live Update

Post by Shaishen »

Take some off again - don't trust these 30 second rips
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Re: 12/13/2018 Live Update

Post by Trades with cats »

ES 12-18 (10000 Tick) 2018_12_13 (1_07_42 PM).png
This three day range is in trouble. If this Holiday Turkey drops below 2620 I am betting they call the market broken and start trading pauses.
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