Traders Laboratory - 2008 Dailies
Forum Guidelines | Business Forums | Contact Us
Home

Go Back   Traders Laboratory > Blogs > The Truth Lies in The Tape

The purpose of this blog is to provide a comprehensive compilation of articles and posts which have been of great help to me in the past, or that I find very insightful, wise or containing a great deal of useful knowledge.

The original author of the text will be mentioned, so that those who are interested in the subject can explore it deeper.

The blog will consist out of several categories, some more theoretical, other containing charts and analysis.

Finally, this blog is, in a way, a continuation of the journal
I started in the public section on another site.
2008 Dailies This thread will contain daily charts and annotations of trades made or should have made.
Old

Another one for the history books...

Posted 10-24-2008 at 06:41 AM by firewalker
ES limit down overnight!
firewalker's Avatar
Posted in 2008 Dailies
Comments 0 firewalker is offline
Old

Analysis 13: October 23

Posted 10-24-2008 at 04:25 AM by firewalker
Updated 10-25-2008 at 08:30 AM by firewalker
It looked like price was going to continue lower, especially after we broke below support (1200-1206 area). Price came back to test and reject ('R'), but failed to make a lower low.

The last time price was below 1200 was more than 5 years ago... so support was difficult to pinpoint but still quite lower. Price already dropped 90 points when we reached 1175 (which is more than the average daily range).

The triple blue dots would signal a reversal signal, because we...
firewalker's Avatar
Posted in 2008 Dailies
Comments 0 firewalker is offline
Old

Springboard

Posted 10-14-2008 at 05:35 PM by firewalker
ES 2008-10-13

This time it didn't signal a continuation, but a temporary reversal.

close-up chart:


and larger timeframe, the dry-up in volume is actually better visible on the 5-min chart:
firewalker's Avatar
Posted in 2008 Dailies
Comments 0 firewalker is offline
Old

Analysis 12: October 9

Posted 10-10-2008 at 05:17 AM by firewalker
Trending days... it's not because a directional move is over, that the move can't continue.

It doesn't always move this straightforward. But when it does, it's very sweet.

First: with the absence of any clear S/R I look at the overnight to see if there's anything special to be found. I just note these things, but don't necessarily use them. There was a congestion area that could provide resistance at the market open:

...
firewalker's Avatar
Posted in 2008 Dailies
Comments 0 firewalker is offline

All times are GMT -4. The time now is 11:23 PM.

 

 

 


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101