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05/03/2019 Live Update

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Cobra
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05/03/2019 Live Update

Post by Cobra »

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No idea up or down from here. The recent trend has been fading the up gap. Also non farm payroll day is famous for fading any gaps (either up or down gap). Let's see.
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Cobra
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Re: 05/03/2019 Live Update

Post by Cobra »


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Trades with cats
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Re: 05/03/2019 Live Update

Post by Trades with cats »

Bookmap showed a lot of sitting offers above the high, nothing on the sell side. So on paper market should move up after the open to grab the pool of liquidity then we will see.
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Re: 05/03/2019 Live Update

Post by BullBear52x »

20 handles to be had today. let see, at yesterday's resistance so far. short term overbought, sell first will see from here.
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BullBear52x
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Re: 05/03/2019 Live Update

Post by BullBear52x »

35.5 is my pivot for now.
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Re: 05/03/2019 Live Update

Post by Trades with cats »

FT 71 commented very probable for the price when jobs report came out to be revisited during the day. ES 2927.75
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Cobra
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Re: 05/03/2019 Live Update

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1der
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Re: 05/03/2019 Live Update

Post by 1der »

Just in case anyone missed daytradingES post this morning under last nights Cobra’sMarket Recsp thread:


Re: 05/02/2019 Market Recap
Postby daytradingES » Fri May 03, 2019 5:59 am
(Going back to bed... not feeling 100%)
Dir 1
Range est 25.25-28.50
H/L est 2940.50 2912.50 28.00
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Re: 05/03/2019 Live Update

Post by Trades with cats »

FT 71 crystal ball this morning. IF the dip buyers come in then ES 2942. Most likely move up or down close around the open. Least likely a drop to 2919.
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Al_Dente
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Re: 05/03/2019 Live Update

Post by Al_Dente »

1der wrote:Just in case anyone missed daytradingES post this morning under last nights Cobra’sMarket Recsp thread:
Re: 05/02/2019 Market Recap
Postby daytradingES » Fri May 03, 2019 5:59 am
(Going back to bed... not feeling 100%)
Dir 1
Range est 25.25-28.50
H/L est 2940.50 2912.50 28.00
thanks boss :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 05/03/2019 Live Update

Post by BullBear52x »

Bears need to see new LOD
SPX cash here.
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Al_Dente
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Re: 05/03/2019 Live Update

Post by Al_Dente »

GS Jan Hatzius is up next on CNBC
Last edited by Al_Dente on Fri May 03, 2019 10:38 am, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 05/03/2019 Live Update

Post by BullBear52x »

Trades with cats wrote:FT 71 crystal ball this morning. IF the dip buyers come in then ES 2942. Most likely move up or down close around the open. Least likely a drop to 2919.
what do you use to see dip buyers come in?
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Re: 05/03/2019 Live Update

Post by Trades with cats »

Pasta Boss- He used to revise his job report forecast late on Thursday after, according to rumor he was fed the number by House Staffers. Had a really good track record.
Last edited by Trades with cats on Fri May 03, 2019 10:43 am, edited 1 time in total.
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Re: 05/03/2019 Live Update

Post by Trades with cats »

He was saying if we drop after the open and then see strong buying, he did not provide any tool. He did say it has happened before.
Right now all his scenarios are trashed. What he did get right was be patient and wait for the market to show you.
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Re: 05/03/2019 Live Update

Post by BullBear52x »

Trades with cats wrote:He was saying if we drop after the open and then see strong buying, he did not provide any tool. He did say it has happened before.
Right now all his scenarios are trashed. What he did get right was be patient and wait for the market to show you.
so no position, wait and see until? chase a new high or chase a new low? (intraday new HOD or LOD) what is the level to look for? TIA.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Re: 05/03/2019 Live Update

Post by Trades with cats »

ES 06-19 (2000 Tick) _ ES 06-19 (2000 Tick) 2019_05_03 (8_48_20 AM).png
Starting to get interesting.
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Re: 05/03/2019 Live Update

Post by BullBear52x »

My pivot is now at 35.75 /ES, what I meant is BUY/SELL line. one line.

this morning I got two conflict buy and sell signals. right now suggesting selling again.
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Re: 05/03/2019 Live Update

Post by Trades with cats »

FT71 puts up two scenarios with specific levels every morning. Most likely and then what to expect if the opposite happens. He says he puts five together every day. Today he shared four of them. Pretty much like the military. If this starts to happen then this is what to expect next. He is over 1,500 daily you tubes now.

A real issue is he gets new traders watching all the time who have zero patience, they just want to over trade the market. If they go broke they are never going to sign up for his pay to attend all day chat room. So at least once a week he says something tailored for that crowd. It is difficult for him and all the others who know the market as a probability cloud to give advice to people who want certainty. Afterall once you start day trading you should be drinking really expensive champagne and driving a Lambo within 6 moths like all of us!
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Cobra
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Re: 05/03/2019 Live Update

Post by Cobra »

possible strong uptrend day.
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