Day Trading the E-mini Futures

[joshdance 10]

Dell IPS LEDs are the business but come at a premium.

 

One of my three is the Dell U2412M, a beautiful panel and what I will be replacing the other two with when they burn out.

[clmacdougall 11]

es possibility of going to go to 77.5

[joshdance 10]

I don't see why you guys are so bearish. Standard TA shows a strong uptrend with nothing especially not overseas news bringing it down. In my opinion once again same as Tuesday, if tomorrow we don't see any surprising numbers regarding the reports we should continue the uptrend. There may be the usual morning sell off or gap fill but overall tomorrow should be a great day to long the supports!

 

Nikko

 

I agree with the overall picture. However, earnings continues (bad numbers from BAC this morning btw), all eyes on spain bonds, unemployment claims knocking on 400K again this morning, and with housing and philly fed this morning, plenty for people to be worried about, and thus a bit skiddish.

[joshdance 10]

btw N, the 90 level tested overnight was on my chart from maybe 2 days ago as a gray line -- important not in that it was POC, but the "ledge of the 4/4 and 4/5 balance, check it out. In response to your image above.. 90 maybe important, but in a different way than 92s.

 

Ok, so we have open, test, ... now, drive.... up? or down?

[joshdance 10]

I am a buyer here guys, 78.50, let's see if I'm early, or wrong altogether.

[joshdance 10]

I am a buyer here guys, 78.50, let's see if I'm early, or wrong altogether.

 

Ok, got a scale at 80.75, just below the open. Stop at BE 78.50 on rest, I will let it work to 85 if it will go.

[joshdance 10]

Ok, got a scale at 80.75, just below the open. Stop at BE 78.50 on rest, I will let it work to 85 if it will go.

 

Settling for 83.50 and I'm out flat.

[TheNegotiator 13]

Unfortunately I'm out of my 78's now ahead of 82.75's and 10am figures. Dont forget those 10am figures!!

[slick60 10]

I see us in range trading yet for several days before the true direction is let out of the bag. We pee-peed our way to the so far high, maybe we will bee-bee it to the next low around the 65 area.

I am posting a chart of how I split on my profile looking for new step 1 trades from the present low that we are working from.

 

slick60

 

Nice to be in an active thread for a change

[TheNegotiator 13]

Not good numbers here.

[joshdance 10]

I am close to being ready to buy again, but not quite ready to pull the trigger.

[clmacdougall 11]

I'm beginning to see 74.00 as a great possibility

 

ok, it hit the 74's. that's great!!

[slick60 10]

2012-04-19_1019 - slick60's library

 

Range extension one way perhaps as a normal variation session, 1 1/2 or 2 x IB area

 

slick60

[TheNegotiator 13]

2012-04-19_1019 - slick60's library

 

Range extension one way perhaps as a normal variation session, 1 1/2 or 2 x IB area

 

slick60

 

Sorry, which initial balance are you talking about?

[joshdance 10]

ok, it hit the 74's. that's great!!

 

Your "Trader IQ" should go up at least a few points for that!

 

I'm loving this action by the way.

[joshdance 10]

May need to auction lower IMO, and may buy at 77ish if it looks right. 78 is key though, and I'm not sure it should auction below there at all.

 

EDIT: guess they're okay paying up, nevermind.

[slick60 10]

Sorry, which initial balance are you talking about?

 

Hi N

The one for this last auction that we are working in as I split and follow

 

slick

[joshdance 10]

wow, 71% higher volume than 20 day median so far in the RTH session.

[TheNegotiator 13]

Hi N

The one for this last auction that we are working in as I split and follow

 

slick

 

As intriguing as the number is, I'm not sure this is an especially traditional way of employing the initial balance. If it works for you though, good luck to you! I had 74.75 for a different reason but there you go, it often works out like that.

 

Awesome movement right now btw!!

Edited April 19, 2012 by TheNegotiator

[joshdance 10]

Back in long gents, 84.25, small relative position

[slick60 10]

Perhaps yesterday's high will kibosh the north move now and let us slip and slide to find the low for the day.

Buying and selling above and below value seems to work not bad today.

 

slick60

 

Too nice a day here not to take advantage - gotta shave and go golfing. Trying to shoot my age.

[joshdance 10]

Back in long gents, 84.25, small relative position

 

And I'm out 85.50, just under yday high. Sorry, won't post any more scalps like this.

[joshdance 10]

Perhaps yesterday's high will kibosh the north move now and let us slip and slide to find the low for the day.

 

Are you suggesting that the low of the day has not been put in?

[joshdance 10]

Good buy area, 78-79.50

Let me rephrase -- BEST buy area. Which means, may not get there. If we go below there, watch out.

[slick60 10]

Are you suggesting that the low of the day has not been put in?

 

Yes ,as I go out the door to freedom of the course.

Have a great day!

 

slick