02/08/2019 Live Update

[te_fern]

8:44 AM 2019-02-08

so far LOD 2683.25 vs 2681.25 est
dif 2 pts

dtES, do you provide these estimates on the Cash market or the ES futures? I just want to make sure I'm clear.
thanks!!!

The estimates are for ES (hence the moniker!! :lol)

The futures emini contract which is currently March 2019

That is what I figured, but making assumptions are not a good thing! LOL!!

[BullBear52x]

will see there is number to be had.

[daytradingES]

chart

[Cobra]

key time. strong rebound here then it's double bottom, the low was in (but still range day). consolidation or sharp down here then it's downtrend day with perhaps later day reversal up again.

[Trades with cats]

FT 71 usually has two scenarios, an expected and a second. He also does a trend up and down but doesn't usually post those.
So most likely was a move up 2695.75 ES then a drop, consolidate drop to a 2680 low then grind up into yesterdays range.
Less likely was an immediate sell off the open down to 2687 then grind up, consolidate around the open then grind up into yesterdays range. It is usually the last 4 or 5 minutes of his daily you tube video. He represents the auction theory pro trader mind set, so I figure what he sees is what they tend to see. If what he is expecting does not happen then that is an important piece of the daily puzzle.

[daytradingES]

FT 71 usually has two scenarios, an expected and a second. He also does a trend up and down but doesn't usually post those.
So most likely was a move up 2695.75 ES then a drop, consolidate drop to a 2680 low then grind up into yesterdays range.
Less likely was an immediate sell off the open down to 2687 then grind up, consolidate around the open then grind up into yesterdays range. It is usually the last 4 or 5 minutes of his daily you tube video. He represents the auction theory pro trader mind set, so I figure what he sees is what they tend to see. If what he is expecting does not happen then that is an important piece of the daily puzzle.

Thanks!

yes I gathered that he had two scenarios.
So my question was based on his primary scenario what was his HOD and LOD?

[Trades with cats]

Rut Ro 60 minute opening range low is being challenged

[BullBear52x]

It feels good to be on the right side of the trend isn't it?

[BullBear52x]

I am sitting out and wait for new sell setup. coffee time.

[BullBear52x]

most common pattern

[Trades with cats]

Non-Trading

He's back! The bombastic and ever popular with ZeroHedge Nigel Farage has a new political party that was just recognized by the election commission the Brexit Party. Just when you thought the political circus on both sides of the Atlantic couldn't get much crazier.

[BullBear52x]

last chance for bulls to buy. buy@83

[daytradingES]

off for a break - family emails have tired me out - need some fresh air

[BullBear52x]

betting on the blue route.

[BullBear52x]

got stop out. I am done for the day, it's Friday.

[Trades with cats]

Unleash the Algo's, this thing needs a buy program or all the written stuff over the weekend is going to be big time negative. Mustn't scare the 401K crowd.

[BullBear52x]

sure enough, bottom is in. good luck bulls.

[Trades with cats]

At overnight low which has nbeen resistance, then VWAP then the regular open then clear skies.

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2019/02 ... ay-update/

[te_fern]

Got down to dtES bottom line estimate, let's see if its going to grind higher now....