fattail.org Forums - SmilingSynic's ES journal--observations and trades

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (SmilingSynic) — Sat, 04 Sep 2010 04:09:20 +0000

VWAP for week: 1070.85

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (princessa) — Fri, 03 Sep 2010 21:02:16 +0000

Lawrence_Chan wrote:

We are witnessing an almost exact duplicate of reversal like the one that started in July 1.
Even the gaps are formed the same way.
Talking about coincidence ...

ya, if we do the 1st leg up similar to that one, will take us to 1135....

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (SmilingSynic) — Fri, 03 Sep 2010 20:21:44 +0000

Take for day = -0 (one trade, breakeven, even steven, minus commissions). Had no business trading while doing everything else here. Got what I deserved= nothing.

Trying to get as much office work done by Tuesday. Tuesday will be start of second half of trading year (Memorial Day to Labor Day= off-season). I expect greater volatility, come election time.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (Lawrence_Chan) — Fri, 03 Sep 2010 16:33:05 +0000

Am trying to force myself to focus on wrapping up my book writing activity while staying home.

The process itself started out pretty painful as I do not need to write lengthy documents for a long time.

It turns out to be a great experience, at least occupy my thoughts intensely from time to time instead of worrying too much of my SO.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (Lawrence_Chan) — Fri, 03 Sep 2010 16:27:38 +0000

Check out google.

Its daily chart is very bullish - holding previous quarter close from this last swing down.

The july high is the only strong resistance, that is 30 bucks from here.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (SmilingSynic) — Fri, 03 Sep 2010 16:03:03 +0000

No 11 AM new low.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (SmilingSynic) — Fri, 03 Sep 2010 15:59:43 +0000

miniflowtrader wrote:

SmilingSynic wrote:
Gaps outside the previous day's range tend to lead to trend days, either with (usually) or against the direction of the gap.
Happy to hear that Earl didn't do any damage in your neck of the woods.

One branch. Four feet long. In my front yard.

Just a steady rain here--that's all.

One of my faculty colleagues lives out on the beach and drove off of the islands to spend the night away in safety. His landlord called him to tell him that a large tree had fallen on his parking space. His car was not there, fortunately.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (miniflowtrader) — Fri, 03 Sep 2010 14:18:17 +0000

SmilingSynic wrote:

Gaps outside the previous day's range tend to lead to trend days, either with (usually) or against the direction of the gap.

Happy to hear that Earl didn't do any damage in your neck of the woods.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (SmilingSynic) — Fri, 03 Sep 2010 13:59:55 +0000

Gaps outside the previous day's range tend to lead to trend days, either with (usually) or against the direction of the gap.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (SmilingSynic) — Fri, 03 Sep 2010 13:50:47 +0000

Pivot has not been touched since Tuesday.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (miniflowtrader) — Fri, 03 Sep 2010 13:43:52 +0000

A big gap up on NFP followed by a trend from the first bar - can usually be faded. 1102 is a major MP level, so would like to see early + AH shorts pushed out of their positions.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (Lawrence_Chan) — Fri, 03 Sep 2010 13:42:38 +0000

We are witnessing an almost exact duplicate of reversal like the one that started in July 1.

Even the gaps are formed the same way.

Talking about coincidence ...

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (Lawrence_Chan) — Fri, 03 Sep 2010 13:39:34 +0000

2nd gap in place.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (SmilingSynic) — Fri, 03 Sep 2010 12:42:02 +0000

Rest of longer-term bull gamma hedged out at 1100.50.

Yesterday's take: + 3 2/3 per.

Re: SmilingSynic's ES journal--observations and trades

dummy@example.com (miniflowtrader) — Thu, 02 Sep 2010 19:36:43 +0000

Lawrence_Chan wrote:

miniflowtrader wrote:
Mkt in breakout mode.
Edit: Market feels like it's in breakout mode.
EURUSD stuck at 1.28 area.
Need currencies to lead for a clue to the direction for the next few days.
Maybe stuck til tomorrow #s.

Definitely - just to clarify by breakout mode I mean price fluctuations, not a massive BO - plan today was to trade early and less. Tomorrow is kinda a weird day, a volatile report but everyone on vacation.