Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

TheNegotiator

Day Trading the E-mini Futures

By TheNegotiator, in E-mini Futures

Recommended Posts

CYP    10

CYP
Posted
It means I want to be your friend. :D

 

I am "friends" on TL with several great people, many on this thread, although Tom has apparently snubbed me so far. I was inviting you to be my friend.

 

Tom lives on the hill and does not want to be associated with the serfs in the valley. :haha:

Share this post

Link to post
Share on other sites

gosu    10

gosu
Posted
It means I want to be your friend. :D

 

I am "friends" on TL with several great people, many on this thread, although Tom has apparently snubbed me so far. I was inviting you to be my friend.

 

What does it entail? I don't know if I like this site all that much to stick around longer. LOL..

Share this post

Link to post
Share on other sites

joshdance    10

joshdance
Posted
What does it entail? I don't know if I like this site all that much to stick around longer. LOL..

 

We have cookouts once a month, each rotating turns for who cooks the food, cleans up, and organizes games for the group. Last month was ultimate frisbee, and it was awesome. N wanted to play bingo the month before and I didn't like that so much.

 

:rofl:

Share this post

Link to post
Share on other sites

gosu    10

gosu
Posted
We have cookouts once a month, each rotating turns for who cooks the food, cleans up, and organizes games for the group. Last month was ultimate frisbee, and it was awesome. N wanted to play bingo the month before and I didn't like that so much.

 

:rofl:

 

Exactly the stuff I was thinking about. Next thing I know, I have to remember birthdays and junk.

Share this post

Link to post
Share on other sites

joshdance    10

joshdance
Posted

As I am generally trying to trade with the flow instead of against it these days, given the open and strength, I decided to be with the buyers (unfortunately, the buyers got the hell out of Dodge around high noon). However, a look at this chart I posted yesterday:

 

http://www.traderslaboratory.com/forums/e-mini-futures-trading-laboratory/9773-day-trading-e-mini-futures-186.html#post147698

 

Shows the yellow band ranging from 69 to 71 as an area of interest to look for a market reaction. "Normally" (I use that loosely), I would be looking to short, given the struggle the market had in making new highs, and given the significance of the area in the profile. Yet, I insisted on buying, due to the early strength, and now am underwater by a few points. Even if it still goes up, it's a bad trade and not the original idea.

Share this post

Link to post
Share on other sites

joshdance    10

joshdance
Posted
I tried a long after closing my shrt against 70.50... GRR reversed and am now shrt targeting 63.25, 60.50 and 56.75 ish... GRRRR :doh:

 

I am hoping that all the downward pressure on AAPL today was simply to get more buyers in, so that a nice earnings surprise can push it back up to the 600s. We will know in a couple of hours. I can't imagine attention is on too much else in the market at this point. It looks like apple violated a patent, so that's not good, but will be small potatoes if the report is good.

Share this post

Link to post
Share on other sites

gosu    10

gosu
Posted
I am hoping that all the downward pressure on AAPL today was simply to get more buyers in, so that a nice earnings surprise can push it back up to the 600s. We will know in a couple of hours. I can't imagine attention is on too much else in the market at this point. It looks like apple violated a patent, so that's not good, but will be small potatoes if the report is good.

 

I don't know...notwithstanding the bounce in the PM, AAPL has been in a dump all day. More telling, the ST trend has been decisively short as well. In any case, these earnings releases are all leaked before hand, or at least people are given the "wink wink."

Share this post

Link to post
Share on other sites

joshdance    10

joshdance
Posted

I could be just talking out of my bias and could be dead wrong, but that failure below yday's high and today's open, the volume support there, and the movement since, and the picture from yesterday up into today, smells like a very nice move up to mid 70s.

Share this post

Link to post
Share on other sites

gosu    10

gosu
Posted

It's all about AAPL earnings now, so I doubt the day's range will be expanded further. Volume has dried up and the indicies are in a lateral. I call this centering. High risk.

Share this post

Link to post
Share on other sites

gosu    10

gosu
Posted

AAPL usually reports after cash close and before futures close. It's always fun to see the market go nuts. I'll watch from the sidelines on this one. I don't do coin flips.

 

But if I were betting, it's a nondom day so...I'd bet on the resumption short.

Share this post

Link to post
Share on other sites

joshdance    10

joshdance
Posted
AAPL usually reports after cash close and before futures close. It's always fun to see the market go nuts. I'll watch from the sidelines on this one. I don't do coin flips.

 

But if I were betting, it's a nondom day so...I'd bet on the resumption short.

 

Last time, I think they reported right at 4:30pm ET.

Share this post

Link to post
Share on other sites

gosu    10

gosu
Posted
Exactly. They missed last time, didn't they?

 

I just checked. It was the previous quarter to the last one that they missed. Last quarter was blowout earnings.

Share this post

Link to post
Share on other sites

roztom    10

roztom
Posted
It means I want to be your friend. :D

 

I am "friends" on TL with several great people, many on this thread, although Tom has apparently snubbed me so far. I was inviting you to be my friend.

 

WT* ? CLueless on what this is...

Share this post

Link to post
Share on other sites

roztom    10

roztom
Posted

tuesday evening: APPL suprised to the up... so where are we now...

 

We have moves into the top part of the balance area CHVN 62.75 - CHVN 77.25 ...62.75 RTH LOD. :rofl: I covered my shorts@ 63.50 as posted earlier..I was "hoping" for more downside but... ACH.. :confused:

 

The 70.50 CLVN was good resistance this morning for the short and since we breached it in GBX and are building value up against the next CHVN @ 77.25, it looks like depending on how EU goes we might get a shot at the next area up: NVPOC 79.25, CLVN 1380.00 and MCNVPOC: 82.75. CHVN 87.75... MCNVPOC 92.50..

 

A bunch of reports tomorrow & FOMC... not muct time to trade so probably between 7:30 & done before Big Ben...

 

Hope you all are doing ok...

 

Miss Me? :rofl:

Share this post

Link to post
Share on other sites

joshdance    10

joshdance
Posted
WT* ? CLueless on what this is...

 

lol sorry Tom -- go to your "UserCP", then on the left see "Contacts and Friends" ... I sent you a friend request and it says you have not accepted (that's my understanding on what I see anyway) .. just messing with you buddy. And yes we miss you dude. But glad you're still here now and again at least. I may also reduce my frequency a bit.

Share this post

Link to post
Share on other sites

fesx50    10

fesx50
Posted (edited)

Hello, have recently joined the forum and switched to ES. I have started a blog for pre-market analysis, i'm assuming it's ok to share on here

 

Moderated Message:
link removed
Edited by TheNegotiator

Share this post

Link to post
Share on other sites

TheNegotiator    13

TheNegotiator
Posted
Hello, have recently joined the forum and switched to ES. I have started a blog for pre-market analysis, i'm assuming it's ok to share on here

 

Moderated Message:
link removed

 

Not really no. However, you are welcome to share your thoughts and views in our thread.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
Go To Topic Listing

  • Similar Content

    • Quantower
      Trading with Power Trades tool on ES and NQ futures
      By Quantower
      The main goal of this thread is to show what Power Trades is and how it works in different markets. We will show some patterns on the ES and NQ futures, as well as discuss possible improvements to this functionality.
      What is Power Trades?
      Ok, first we will consider what the Power Trades is and how it finds zones.
      Power Trades shows the zones with the execution of a large number of orders in a very short time, which will affect the price change with a high probability.
      Here are a few examples of how it looks like


      How it finds zones?
      There is a continuous process of placing, changing and executing orders in the market. All this affects the price change and the expectations of traders regarding the future price.
      When a large order appears at a certain level, the price is more likely to come to this order and it will be executed because the market is always looking for levels with liquidity. This already applies to the order flow and the mechanics of orders matching, so we will omit the principles on which the orders are matched.
      It is only important to understand that "abnormal events" occur in the market at certain times. Execution of a significant volume of orders in a very short time is one of such events.
      The Power Trades Scanner has several important settings that directly affect the results:

      Total Volume — the minimum value of the volume that should be traded during the specified time interval
      Time Interval, sec — the time over which the Total Volume should be traded
      Basis Volume Interval, sec — this parameter shows how much % took the traded volume in the total volume for the specified time.
      Zone Height, ticks — this parameter will show only those zones where the height is less than or equal to the specified value (in ticks).
      Level2 level count — the number of levels that are involved in the calculation of Imbalance and the Level 2 Ratio column in the table of results.
      Filter by Delta,% — the parameter will show zones that have a delta value greater than or equal to that specified in the setting. The value must be specified by the module, so the table will show both positive and negative delta values. We recommend paying attention to the zones with the delta above 50% (taking into account the specifics of each trading instrument).
      For example, let's set the Total Volume of 2000 contracts and Time Interval in 3 seconds on the E-mini SP500 futures. This means that the scan will be based on the available history and will show on the chart only those zones that have such a volume for the specified time.

      Additionally, it is worth to set a delta value to filter out the zones with one-side trades. The more delta value, the high probability that the price will reverse.

      So, as a starting point about this scanner, I think this information will be enough
    • makuchaku
      Volume profile analysis of SPY for 2019
      By makuchaku
      Hi everyone,
      This is my maiden analysis using volume profile - so please don't hesitate to share your feedback.
      As per the attached analysis, I think that SPY is primed for a short - for many reasons
      - Multiple strong rejection of long positions exist at Resistance R1 and R2 : seems like sellers defending their positions
      - Very strong short volume seen at R2 : further signifying sellers who are ready at that level
      However, once the price reaches Support S1, there seems to be a strong buying sentiment which has rejected previous shorts. You can see trading ranges & pullbacks to S1 where buyers and sellers seem to agree on a price range, often leading to a buyer dominance.
      What do you think?

    • TraderJoe
      Volume Profile NT8
      By TraderJoe
      Hey All,
      does anyone sell Volume Profile Indicator for NT8.
       
      Regards

  • Topics

  • Posts

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept