Re: SmilingSynic's ES journal--observations and trades
First touch of DMA in a long time now in process.
11,201 2010-07-29 09:43:20
11,202 2010-07-29 09:56:03
Re: SmilingSynic's ES journal--observations and trades
SS,
Please read the following link. If you have a rootkit - you need to use root repeal.
http://forums.malwarebytes.org/index.ph … opic=12709
http://sites.google.com/site/rootrepeal/
11,203 2010-07-29 09:56:25
Re: SmilingSynic's ES journal--observations and trades
Lawrence_Chan wrote:
v3,
Being able to share what I've learned over the years is actually a very rewarding experience.
I'm like vertigo3. I don't post much, but I study everything you guys say.
Watching SS pull down 5 1/4 per or 8 1/2 per seemingly every day has ruined me for honest work. 
11,204 2010-07-29 09:59:32
Re: SmilingSynic's ES journal--observations and trades
Price failed at previous day's low, at first try.
11,205 2010-07-29 10:00:21
Re: SmilingSynic's ES journal--observations and trades
NQ made its 50% day range test.
11,206 2010-07-29 10:14:45
Re: SmilingSynic's ES journal--observations and trades
1 pm directional up move.
Together with 12 pm being day low so far, making it less likely to print new low by 3 pm.
Dow down 38 pts now, double green is within reach.
11,207 2010-07-29 10:20:09
Re: SmilingSynic's ES journal--observations and trades
Lawrence_Chan wrote:
1 pm directional up move.
Together with 12 pm being day low so far, making it less likely to print new low by 3 pm.
Dow down 38 pts now, double green is within reach.
If that is the case then this could trigger a 1-2-3 buy. Failure and down we go.
11,208 2010-07-29 10:33:30
Re: SmilingSynic's ES journal--observations and trades
Price hit resistance wall of AH low.
DMA is starting to turn up, but has not as of yet.
11,209 2010-07-29 10:35:56
Re: SmilingSynic's ES journal--observations and trades
NQ testing previous day low.
Show down now.
11,210 2010-07-29 10:46:25
Re: SmilingSynic's ES journal--observations and trades
thanks--will get to these later
miniflowtrader wrote:
SS,
Please read the following link. If you have a rootkit - you need to use root repeal.
http://forums.malwarebytes.org/index.ph … opic=12709
http://sites.google.com/site/rootrepeal/
11,211 2010-07-29 10:53:35
Re: SmilingSynic's ES journal--observations and trades
PP is in range of the MM.
11,212 2010-07-29 10:56:06
Re: SmilingSynic's ES journal--observations and trades
Failing to touch the PP--now that would be some tease.
Then again, the swing low before the collapse has been touched, to the very tick: 1103.50.
11,213 2010-07-29 10:57:32
Re: SmilingSynic's ES journal--observations and trades
I was holding for the PP, but ditched at 01.25, when the low of the prev 5 minute bar was taken out.
11,214 2010-07-29 10:57:44
Re: SmilingSynic's ES journal--observations and trades
Lawrence_Chan wrote:
1 pm directional up move.
Together with 12 pm being day low so far, making it less likely to print new low by 3 pm.
Dow down 38 pts now, double green is within reach.
LC, can you define a "directional move?"
I can understand negating expectations for a new Low in 2-3 slot if price moves above 50% of day, but how do you define a directional move?
"Markets are never wrong; opinions are." -J. L. Livermore
11,215 2010-07-29 10:59:13
Re: SmilingSynic's ES journal--observations and trades
Bears who got in too early in the last thirty minutes or so were burned three straight times, when a weak close was followed by a bar that had the exact same tick.
11,216 2010-07-29 11:01:57
Re: SmilingSynic's ES journal--observations and trades
Although this won't happen today, or likely this week, there is still a gap down there at 1063.75.
11,217 2010-07-29 11:03:53
Re: SmilingSynic's ES journal--observations and trades
Not all hourly bar are directional - or "trend".
An hourly bar is directional, when the higher resolution (5 min, 10 min, etc.) within the bar showing trend quality. i.e. HH HL all the way
Remember I talked about a trend (down) week? And that I am very sure new low will be made 1st the week after before any significany rally can happen.
Same logic applies, so we are likely going to see a new high over 1 pm slot high before the 1 pm slot low would be tested.
Last edited by Lawrence_Chan (2010-07-29 11:04:14)
11,218 2010-07-29 11:04:56
Re: SmilingSynic's ES journal--observations and trades
Ok, stalled at triple green (SPX was last one to join the party for just a few seconds).
11,219 2010-07-29 11:05:00
Re: SmilingSynic's ES journal--observations and trades
SmilingSynic wrote:
Bears who got in too early in the last thirty minutes or so were burned three straight times, when a weak close was followed by a bar that had the exact same tick.
EDIT-- my point? Potential for one-sided trading, if the market breaks, since those thrice-burned are likely thrice-shy.
11,220 2010-07-29 11:07:59
Re: SmilingSynic's ES journal--observations and trades
Another way I use to define intraday trend bars is based on the tick reading where custom tick indices showing extreme buying/selling throughout the bar duration.
Today, 11 am slot is a trend down bar and 1 pm slot is a trend up bar, on hourly.
11,221 2010-07-29 11:14:28
Re: SmilingSynic's ES journal--observations and trades
SmilingSynic wrote:
SmilingSynic wrote:Bears who got in too early in the last thirty minutes or so were burned three straight times, when a weak close was followed by a bar that had the exact same tick.
EDIT-- my point? Potential for one-sided trading, if the market breaks, since those thrice-burned are likely thrice-shy.
Market is not breaking here. We have a new high on the hour.
NOW we'll see.
11,222 2010-07-29 11:22:13
Re: SmilingSynic's ES journal--observations and trades
They got that pivot point.
11,223 2010-07-29 11:47:08
Re: SmilingSynic's ES journal--observations and trades
A fight to create a w. spring against previous day low.
Well, the tail is a bit too long =P
11,224 2010-07-29 11:48:30
Re: SmilingSynic's ES journal--observations and trades
PP was also 60M ORL. Double magnets
11,225 2010-07-29 11:59:32
Re: SmilingSynic's ES journal--observations and trades
Day's take = + 19 3/4 per (before commissions). Beautiful, well-behaved swings today.
One day left in the week, month, and summer, for me.
I should probably take the day off tomorrow, but there is no way that is going to happen.
Tomorrow I want to be here 930-400--no lunch, watching every tick.