06/25/2018 Live Update

[Cobra]

as usual let's wait to see how the ema20 gets tested first.

[fehro]

may pause here.. if not 50d SMA next 2716

pause at gap.. 50d just 2 points lower than LOD ..look for it

[Trades with cats]

ES back to VWAP.

[te_fern]

As TWC just said, made it back to VWAP, but can't seem to break thru....

[Trades with cats]

Two charts, almost no words (thank you thank you)
FANG stocks biggest drop in three months.
https://www.zerohedge.com/news/2018-06- ... -continues

[Cobra]

(members only) I'm aware that the email notifications may have problem due to the change of a new server. I'm investigating the problem now. Sorry for the inconveniences.

[Trades with cats]

Looks like VWAP is actually living up to it's rep today as the center of action. Relatively larger trading levels at VWAP mostly selling.

Tried to post chart but got a server error. Will try again later.

[Cobra]

not sure if it's a good l2 short here. let's see.

[daytradingES]

Well I was looking to short today, but wasn't ready in time with my data and was hoping for a little time and a bounce from open.

Just getting my numbers and POOF my machine when instantly dead!

When I repowered the battery showed 16% so I don't think it was that - VERY STRANGE.
In any case it freaked me out and by the time TWS reloaded - a long process - it was down so far I didn't want to chase it.

Just re-read Cobra's "why short is hard" and it sums it up well.

Now it has pushed well below my program's
Breakdown= 2733
and has done a 26pt range, so it has done the work for today and I'll have to wait til tomorrow.

25-Jun
High 2746.25
Low 2720.25
Open 2744.50
Close 2729.25
9:56 AM 6/25/2018

sigh!

[Trades with cats]

The point where you start to think about those remote hosting server farms in the burbs of Chicago (and I assume New Jersey) where your very own computer becomes a remote keyboard.

[Trades with cats]

The events at VWAP (Red or Blue dash dot, Teal is the mid). Note there is pretty good volume of resting orders at 2721 and 2720, if we get there will be interesting to see if the line fades to gray prior to price.

[Trades with cats]

The magenta line with the yellow top dots and teal bottom dots is the D3 divergence spotter comparing price to the Divergence Oscillator in the bottom window (DO). I still don't know if it is helpful or just more chart clutter.

For the record I do think that all junk on my charts are sort of training wheels helping me to see a little of what Cobra sees and I expect as I gain experience at reading they will gradually go away.

[daytradingES]

The point where you start to think about those remote hosting server farms in the burbs of Chicago (and I assume New Jersey) where your very own computer becomes a remote keyboard.

If I had that money.....

I'd be laughing :LOL

[te_fern]

Double bottom??

[daytradingES]

From
Re: 05/23/2018 Live Update
viewtopic.php?f=2&t=2890&start=40#p254598

"At the time it hit the target, if your reward wasn't even 1 yet, you might decide to hold, now the question is: Can you still hold? Was the low in already? Or it's just a rebound? You see the dilemma here? Short is always hard, timing is very important. I have my reason not like short, so please don't lecture me for sharing my lots of blood money earned experiences."
-Cobra

seems like today is a replay.. of 5/23

[Al_Dente]

VIX is up 25.9%

[Cobra]

l2 short worked so possible bloody day for bulls

[MrMiyagi]

l2 short worked so possible bloody day for bulls

WHERE IS BABY JANET!!! NEVER EVER GOING UP!!

[daytradingES]

Man what a day to miss!!!

Looks like uptrend in broken - hoping o/n will show a bounce to pave the way for a short tomorrow

[fehro]

may pause here.. if not 50d SMA next 2716

pause at gap.. 50d just 2 points lower than LOD ..look for it

ding ding 50d tag