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Predictor

Market Wizard
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Everything posted by Predictor

  1. Market looking tired. Taking a small short trade. See what develops. Probably scalp only.
  2. Lol.. as soon as i wrote that... now we get the run down. oh well.
  3. Short here.. for a scalp. Gave about as much as I planned but I decided to push it... mistake. I've start to lose and shutting down. I'm slightly below my profit target today... should have taken that one off for break even but my machine froze. Not really time to call scalps here.. so far shorts keep getting stopped out... looks brighter for bulls.
  4. Large limit traders and shorts entering at 40... not surprising.. buyers pushed right into them.
  5. Neg, I think that makes sense... The down trend is pretty steep at this point. I view this as a higher risk market.. can't discount new lows.
  6. I've hit my profit target for today and done for day. Buyers are still in control... but I would not be surprised if shorts re-assert themselves but now they have to demonstrate.
  7. My idea for this trade was buying surge at 1334.50 was stop run... when market pushed above this, I held this could be buying to push market higher. Trade has taken MAE so far with no FE. That doesn't bode well.... but I continue to monitor.. target is around 40 I'm watching correlated markets... and the order flow in them. I'm seeing a reason to hold this trade and confidence is higher but I want to see FE. Added..
  8. Bidding in the 1330s but may cancel... I don't like to counter trend on days like today... Stops run at 1334.50... DOW looks to be strongest today so far. Still holding
  9. Today is a day I'd like to be short but with the extent of sell off, I feel its higher risk. I tried to get short last night at 40ish but didn't like my positioning. I may just sit out today. If we get a retrace back to 50ish then I might attempt a short from that level but I don't see that happening... unlikely
  10. Stopped out. Heavy selling. Small loss. I admit I feel pretty good about that one. I took like 4-6 tick loss on that trade total. Huge sell orders came in at 58.50.. i was pretty sure it was over then... I took 1-2 more ticks.. could have saved myself that. I had the opportunity to break even a few times but I could have lost more. So, given everything.. I feel good taking a small loss. It was a very unusual day with limit trader just taking all inventory on both sides.
  11. I'm bidding long here. Looking for a possible move back to 62. We could rally all the way into the close.. I'd say 62-64 is possible.
  12. I'm short again. tried post but fail. getting ready to take profit probably.. could get a large run down. Looking for 58.50ish before I take profit. Stopped out for a profit on last trade.. pushed it slightly too far.
  13. Marketed in at 63.50... look to see what develops shorts Notice the 64.25 generated a stop run but selling isn't making new lows. Market is showing some FA from short 64.25 where stop generated, drive back to lows still seems possible. Take profit. Not making new lows. Took profit too soon. Q's are making new lows. Interesting give that GOOG rallied hard. May be done for day.. not confident to short or long here Not much room for long scalp and short trade didn't run as far I'd like to see. Bidding for long scalp. last trade of day. No fill on that. Changes very quick! Now it looks like my take profit wasn't so bad.
  14. Well, it turned out that trade I called at EOD actually would have been good for another run down without that big of a stop -- although it didn't look like it yesterday. I'm reluctant to buy here. I always do a self-check b4 trading to see how strong I am. I find if I'm not strong then I lose even when right. Today, not feeling so well. If the market retraces to 67 and I see the opportunity then I may short. I am thinking we may be heading much lower to maybe 45 or so but probably not today. I would look to sell from about 65.50 to 68.50. A more aggressive short from 63.50 could also make sense for me.
  15. Speed mostly.. better models too. Some people try to use HFT as marketing term and some have proposed definitions at odds with the facts. Here are some definitions HFT -> Trading that REQUIRES being co-located at exchange and involves a very high # of trades. Algorithmic -> Trading that is defined by a defined series of steps.May not be HFT. May be HFT. First, there are many different types of HFTS I'm sure. They can be broken down into for example.. Complex Event/Arbs -> These bots may scan hundreds of instruments looking for anomalies Rebate Trading -> Try to break even but profit from rebates Technical -> Trading on any number of technical or mathematical patterns The HFT in the equities are able to get enhanced order information. They place orders with the goal to flip them and they pull orders when the market starts to run. Some bots are even though to do a crude DOS attacks. There is a lot of algorithmic activity in futures, as well. But the particulars of what the HFT system gets is specific to the exchange.. Exchanges like BATS and NASDAQ have create a structure to benefit HFT while the futures are a bit different.
  16. + Agree. I find most of my profits come from the morning session when volatility+direction get in alignment. However, I will add that often the price will reverse at my levels at the very tick and when it doesn't.. usually comes back.
  17. Buying 67s was best trade of day.. I'd like to say I took it. I seen it and then it was gone. Oil rallied 3% today...
  18. I don't see a lot of opportunity. If we were to trade below 69.50 then we might run back to lows. My experiment was to take what I felt might be lower risk option.. as I feel we might pin near 70.50... and now we are back but I didn't give the trade enough room because I rightly wasn't confident. There hasn't been much FA from 70.50 shorts. Currently they are trapped or have cleared.. ..both sides fighting it out now
  19. Bulls struggling here.... Glad I'm out of this market. It looks like a potential short from 70.50 isn't that bad... we might pin at 70.50 low risk. Offering at 70.50 for scalp only. Stopped out. had an opportunity to take a scalp profit but pushed it too far. Buy side book was heavy. I'm thinking we may close near 70.50. I'm slightly below my profit target due to this stop out but still retain most of my profits.
  20. Take profit... I'm out. These aren't trade recommendations... I'm just sharing what I'm doing. Its pretty hard actually... This day is pretty hard day. I've exceeded my profit target and I've shut down. I was 1 slim line from losing that last trade... I always track where I get stopped out though and watch to see the evidence... often re-entering can help offset the stop out loss.. Someone ask what I use... I use correlation analysis and order flow. I try to drive with order flow and lean with trend.. i.e I don't like to take heat against trend.
  21. Long again... indication market may go up. Target 73.50ish HOD but may change quickly
  22. Exactly.. that's what my original thought was -- range bound day. I got over confident. Payed the price. But still keep some loot.
  23. Stopped out.. reversed too soon.. I'm watching very short term indicators.. looking for about 3 points per move. Done for day.. started to lose but still net profitable.
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