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TheNegotiator

Day Trading the E-mini Futures

By TheNegotiator, in E-mini Futures

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joshdance    10

joshdance
Posted
Anyone else see that at all???? :helloooo:

 

I took my loss and am doing more productive things with my time... kind of disgusted with this market, sorry to say. I know it's my problem, but it's just all such a farce that I don't even want to look at it until next week.

 

Did you know that Yellen, the vp chair of FOMC (I think that's her title) said yesterday evening said that ZIRP may well likely continue through end of 2015? I know it doesn't matter, but these super smart morons baffle me.

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TheNegotiator    13

TheNegotiator
Posted

This is what we all wanted to do today! (j/k)

 

attachment.php?attachmentid=28457&stc=1&d=1334251525

 

Edit: Although the original picture probably was a more accurate dipiction than I had originally intended, once I realised where the mouse had been positioned and what it looked like, censorship was required!

5aa710ea967c1_besttrade.thumb.jpg.f835bc700e2309796fe6946c526e0c7a.jpg

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TheNegotiator    13

TheNegotiator
Posted

Okay, well I hope nobody got too badly hurt today and hopefully some made some good $! If you did do badly, don't beat yourself up over it too much. Tomorrow is another day. Trade well and the market will reward you- well possibly and over a big enough sample ;)

 

See you all tomorrow! :missy:

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karoshiman    10

karoshiman
Posted
Okay, well I hope nobody got too badly hurt today and hopefully some made some good $! If you did do badly, don't beat yourself up over it too much. Tomorrow is another day. Trade well and the market will reward you- well possibly and over a big enough sample ;)

 

See you all tomorrow! :missy:

 

Hi Negotiator,

 

It was interesting to see how activity on this forum dried up yesterday. Guess several people (including me!) were caught off guard... It was an interesting day... learned (again!) a lot...

 

Regards,

k

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TheNegotiator    13

TheNegotiator
Posted

Noting that although it's April, it's still Friday 13th if you're into that superstitious lark.

 

More importantly, JPM and WFC are due to report today @ 7 & 8 am EST respectively.

 

attachment.php?attachmentid=28463&stc=1&d=1334310082

 

Watch those financials!!!

2012-04-13.thumb.jpg.6236e811c41c03947e9bcfeb345d8bef.jpg

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joshdance    10

joshdance
Posted
Noting that although it's April, it's still Friday 13th if you're into that superstitious lark.

 

More importantly, JPM and WFC are due to report today @ 7 & 8 am EST respectively.

 

attachment.php?attachmentid=28463&stc=1&d=1334310082

 

Watch those financials!!!

 

N, I've been looking for a reliable earnings calendar that gives an accurate time of the release. May I ask what you're using here?

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TheNegotiator    13

TheNegotiator
Posted

Well China GDP came out low contrary to the rumour and overnight ES did sell off. 77's from yesterday which are the current overnight low is where there is a vacuum of volume. Next below that is around 73.50 and much below that, yesterday at least offers little support. Most of the volume overnight is below the thurs close and if we get there again, this could be a critical area, before the 92.50 area I mentioned yesterday. NFP SOC, Balance VPOC, naked day VPOC all acting to draw price potentially.

 

Apart from China, after close Google and early today JPM and WFC all beat earnings estimates. US CPI came in pretty much in line a short while ago and then we have Michigan Conf @ 9:55ET. Fed's Dudley and Bernanke speaking later.

 

Imho there are reasons to go down, but in all possibly more to go up. How, where and when are different matters though.

 

attachment.php?attachmentid=28466&stc=1&d=1334323235

2012-04-13_2.thumb.jpg.b272f9ae4adbd2bd524b3e3439074115.jpg

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joshdance    10

joshdance
Posted

Having a much better day so far -- hopefully I can snap the losing streak at 3 days. I'm short from prior to Michigan, and got first scale here at 73.75, see yesterday's profile for obvious reason why on this area. After last few days feels good to be on the right side again. Anywhere in yesterday's lower balance may find buyers if this level currently fails to hold, specifically I'm targeting 67.

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TheNegotiator    13

TheNegotiator
Posted
Having a much better day so far -- hopefully I can snap the losing streak at 3 days. I'm short from prior to Michigan, and got first scale here at 73.75, see yesterday's profile for obvious reason why on this area. After last few days feels good to be on the right side again. Anywhere in yesterday's lower balance may find buyers if this level currently fails to hold, specifically I'm targeting 67.

 

Nice one Josh! (just don't try to make it all back in one go!!:2c:)

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joshdance    10

joshdance
Posted
Nice one Josh! (just don't try to make it all back in one go!!:2c:)

 

lol yes that is a danger isn't it? I did what I would normally do and scaled where I was supposed to, and will see if it will give me more. I don't think it should really trade back into yesterday's upper balance, so my stop is 77.75, a tick above BE on the remainder of the position.

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