US Eminis (ES, NQ,.) Intraday Follow Up - Journal

[bee1]

Momently Intra-day Trend is UP; Support* on EUR.USD @1.2831; Time 07:25 EST


*{EURZ8 @1.2815}

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *
***************************

 

[investor_me]

Thanks,... more questions

Hej investor_me:
Thanks for sharing your observation.
1) Yes, there exists a general correlation between some pairs and the three eminis; except with a slight deviation in intraday timing. However, if you spot eminis' intraday reversal points correctly, you can trade eurjpy easily (at least diuring martket time).
2) Yes, all three are closely synchronized. ES ans YM are coupled; YM a bit noisy. Both respect NQ.

Hej again ,

Thanks for your prompt reply. I have looked up the charts and indeed, your observations match them perfectly. I'm using the futures just as a guide for trading eurjpy and sometimes I sense it may be easier just to trade the futures directly because they enjoy less choppy intraday trends. But nonetheless, trading is the same more or less for all, don't you think?

From your experience, is it frequent for the YM to have multiple trends in the morning session compared to the evening (ES) session? I have noticed lately that the afternoon session seems to have a more predictable direction (often either up or down). Have you noticed that too? Can I ask what is the best time -you think- is to trade the YM? Morning, afternoon? During lunch time in NY, is there often a range or consolidation?

Sorry for asking too many questions, but it is all in the pursuit for knowledge

i_me

 

[bee1]

Momently Intra-day Trend is UP; Support* on SPX @908.1; Time 14:14 EST


*{ESZ8 @906; NQZ8 @1253; YMZ8 @8605}

 

[bee1]

Hej again ,

.
.
it may be easier just to trade the futures directly because they enjoy less choppy intraday trends. But nonetheless, trading is the same more or less for all, don't you think?

.
Have you noticed that too? Can I ask what is the best time -you think- is to trade the YM? Morning, afternoon? During lunch time in NY, is there often a range or consolidation?
.
.
i_me

Hej:
Generally, the forex market is less choppy and more trendy {depends on timeframe!}.
For YM, if there is a trend you might catch it during 9:45 - 11:30 and 14:00 - 15:30 EST.
You can join also a signal-sharing in realtime during morning session {free!}.

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *
*****************************

 

[investor_me]

Hej:
Generally, the forex market is less choppy and more trendy {depends on timeframe!}.
For YM, if there is a trend you might catch it during 9:45 - 11:30 and 14:00 - 15:30 EST.
You can join also a signal-sharing in realtime during morning session {free!}.

Thanks for the invitation, which I gladly accept. I've just applied for membership of the yahoo group. Looking forward to benefit.

 

[bee1]

23 OCT 08
PRE-MARKET
Momently Intra-day Trend is UP; Support* on SPX @0000.00; Time 06:42 EST


*{ESZ8 @897; NQZ8 @1238; YMZ8 @8530}

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *
****************************

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *

*****************************

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *
*
*****************************

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *
***************************

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *

*****************************