02/12/2019 Live Update

[Cobra]

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wait to see whether bears can make a double top or not.

[BullBear52x]

We are never ever going down again ever.....

I will hate a gap and do nothing all day today.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2019/02 ... ay-update/

[BullBear52x]

5 points range under key pivot

[BullBear52x]

start my day with sell the rip to test the water, same game plan hoping to buy/sell nearest to top or bottom of day range as possible, will see.....

sell @31

[BullBear52x]

The cash index cluster box to deal with this week.

[Trades with cats]

FT71 second senario for today is right on so far. Pop up at the open stopping around 2732 to 2734 then dropping down toward the top of the gap (2722) and flat lining until some sort of news moves the market.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2019/02 ... ay-update/

[BullBear52x]

FT71 second senario for today is right on so far. Pop up at the open stopping around 2732 to 2734 then dropping down toward the top of the gap (2722) and flat lining until some sort of news moves the market.

they will hold it up as long as there is buyers and short covering. good support at 30ish that I can see.

TWC, can you post your Volume profile chart, TOS is not as good looking as yours.

[Trades with cats]

Primary from FT 71 was a dip at the open then a run up into the 2737.75 area. Personally I don't see 2 points as much of a dip at the open. Longer term looking for 2757 because that is the next low volume node on the 2018 full year volume profile.

My own opinion is that a run up in the middle of the night on low volume because the government may not shut down is very easily reversed.

[Trades with cats]

I can not post my 15 minute chart with volume profile. I have tried several times but it is always the server error message the last couple of days. Going to rebuild the chart.

[Trades with cats]

I do not often use the GANN FAN tool but it works so well with the overnight data.

[Trades with cats]

Must have been the new to me indicator On Balance Volume Diver.

[BullBear52x]

ES 03-19 (15 Minute) 2019_02_12 (8_14_12 AM).png

Must have been the new to me indicator On Balance Volume Diver.

Thanks,

[BullBear52x]

Wishful thinking.

[Trades with cats]

I am headed down to LA on Thursday for a long weekend babysitting then 12 days in Costa Rica. If you have the space on your hard drive you can download Ninja Trader 8 with real time data for free with the trading functions disabled. I am now using the factory Order Flow Volume Profile.

[BullBear52x]

support at 30ish as expected, the price action is telling me that the dip buyers are serious. not a good day to short until new weakness signs shows up.

[BullBear52x]

I am headed down to LA on Thursday for a long weekend babysitting then 12 days in Costa Rica. If you have the space on your hard drive you can download Ninja Trader 8 with real time data for free with the trading functions disabled. I am now using the factory Order Flow Volume Profile.

Cool, I don't know I have time to get into it yet. I don't want to change what's working (old dog hates to learn new trick)

Enjoy your time off

[Cobra]

breakout of the last week's high, so it's a strong uptrend day.

[Trades with cats]

Break out credited to Senate Intelligence Committee saying Trump Campaign did not directly collude with the Russians.
The expensive software that shows full range (not just 10 ticks) of resting orders was showing a large block up around 2740 area (FT71's video). What a coincidence that the news cycle triggered the algos which stopped at that large resting pool of orders.