firewalker99
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Yes, he's working on his system
Yes, he's working on his system
firewalker99
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I doubt it'll be quick, this market seems to have lost it's energy
so slow...
been in this trade 30mins and never been able to take a miniscule profit
firewalker99
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I'm glad I made those points from the opening, but since then I've stayed out, just to narrow to trade, and no much volume neither.
Out at 13644 for -6
Kevin21
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I don't trade the first hour or so of the markets opening, altho i'm going to look into it. I agree with that you've said in your post, there hasn't really been any opportunity today. Still holding long tho, hoping for the last hour to pull it up.
Atilla
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SL kicked in. -20.
Do you think long @ 680 is a good price on CMC Cash SBet? Given my target would be 700 might not risk it. Especially with half an hour to close.
Will save bet for tomorrow.
You are right FW the volatility was just right coupled with the narrow range today. Could see it like crystal clear water but failed to take the opportunities.
I almost went long at 635 after it started rising but the head obstructed the eye and finger coordination.
well done...showed patience to hang in there
That's on the cash, engulfing candle on the 5 min. Are we going for 700 or not? Stop 95.
I hope not. I'm nervous about this one!
counter_violent
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W D Firewalker, I see you have perfect understanding of the phase of market we are in..The shame is, we are less than convincing in our arguments as to why shorts are a no no.....ah well ...there we are
C V
C V
lurkerlurker
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Volume and Stopping Bars
Is the 1500 lot bar just after eight PM on the 1 minute chart what firewalker refers to as a stopping bar in the volume thread?
My roundup of today:
Mostly a trend day - very bullish. NYSE Tick was positive almost all day - no shorting!
Some Tick "hooks" below zero were good long opportunities. For example at 15:55, a long entry around 640 (futures) would have been a good entry. Double bottom on Tick, bullish candle with no wicks on the ES, and higher volume on the YM during the doji.
The "stopping bar" at 19:35, combined with the failure of the ES to challenge resistance and the divergence on Tick would have made for another nice long from 650.
I'll admit to potential premature profit taking had I been trading today - Tick failed to make a higher high from 7PM onwards, and by 20:35 it looked to be making lower highs. I'd have covered any longs by around 20:30, missing the last 20 odd points of the move.
Did anyone get these entries? I'm going to read todays posts on this thread looking for interesting live calls and chat, and then slope back off to work on my strategy.
Oh, another indicator of a bullish day - 6 5 minute bars closed substantially up on the ES from the open. Add that to the Tick information, and I think it is "longs only".
Just thought I'd post something here for information and to invite some discussion. I hope everyone has been trading well!
Is the 1500 lot bar just after eight PM on the 1 minute chart what firewalker refers to as a stopping bar in the volume thread?
My roundup of today:
Mostly a trend day - very bullish. NYSE Tick was positive almost all day - no shorting!
Some Tick "hooks" below zero were good long opportunities. For example at 15:55, a long entry around 640 (futures) would have been a good entry. Double bottom on Tick, bullish candle with no wicks on the ES, and higher volume on the YM during the doji.
The "stopping bar" at 19:35, combined with the failure of the ES to challenge resistance and the divergence on Tick would have made for another nice long from 650.
I'll admit to potential premature profit taking had I been trading today - Tick failed to make a higher high from 7PM onwards, and by 20:35 it looked to be making lower highs. I'd have covered any longs by around 20:30, missing the last 20 odd points of the move.
Did anyone get these entries? I'm going to read todays posts on this thread looking for interesting live calls and chat, and then slope back off to work on my strategy.
Oh, another indicator of a bullish day - 6 5 minute bars closed substantially up on the ES from the open. Add that to the Tick information, and I think it is "longs only".
Just thought I'd post something here for information and to invite some discussion. I hope everyone has been trading well!
