FORUMS BROKERS SOFTWARE
Home
 
    Forums > Futures Trading > Index Futures > The ES is down tonight...AGAIN!


Reply
 
Thread Tools
Old Apr 23rd, 2012, 02:30 PM   #13
keeptradin'
 
 
Join Date: Feb 2004
Posts: 1,419
Any ideas what is driving this spike up?? Short-squeeze??

    Quote
Old Apr 23rd, 2012, 02:44 PM   #14
RangeTrader
 
 
Join Date: Mar 2012
Posts: 705
Well... The market internals are pushing.

I sure ain't shorting nothing until gap fill. :/ Either that or a downtrend... Or a drop in the tick average back to the neutral area.

You can see my most recent trade setup on this chart.
Attached Images
File Type: png finally.png (51.1 KB, 48 views)
    Quote
Old Apr 23rd, 2012, 02:48 PM   #15
blowingup2012
 
 
Join Date: Mar 2012
Posts: 251
I am short once again. Just cashed out from 1354 looking for new low on the day.
    Quote
Old Apr 23rd, 2012, 02:57 PM   #16
RangeTrader
 
 
Join Date: Mar 2012
Posts: 705
Quote:
Quote from blowingup2012:

I am short once again. Just cashed out from 1354 looking for new low on the day.
Curious, what level did you short? If you shorted 1363-4 you may have nailed it perfectly.

There was a giant "potential reversal" signal there in the shorter term, but in the larger picture there is a divergence forming up. See attached.
Attached Images
File Type: png not-sure.png (59.8 KB, 38 views)
    Quote
Old Apr 23rd, 2012, 03:15 PM   #17
RangeTrader
 
 
Join Date: Mar 2012
Posts: 705
Nah, not touching any shorts anywhere today here. Bid is still too strong. Can't short by my rules until at least gap fill at 1368(50% retrace), and I don't trade the last 30 minutes so it's too late.

Cyall latez...
Attached Images
File Type: png internals-strong.png (52.0 KB, 37 views)
    Quote
Old Apr 23rd, 2012, 05:07 PM   #18
tenthousandmen
 
 
Join Date: Dec 2011
Location: Silicon Valley California, St. Petersberg Florida, Sydney Austrailia
Posts: 728
Quote:
Quote from RangeTrader:

Curious, what level did you short? If you shorted 1363-4 you may have nailed it perfectly.

There was a giant "potential reversal" signal there in the shorter term, but in the larger picture there is a divergence forming up. See attached.
newbie, this dipshit blowingup has never made a profit. go read her first post, she promised to never post again after sharing her tax write off.
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
AMP Global Clearing
Futures and FX Trading
Collective2
Automated Trading Services
CTS
Futures Trading Software
dom993trading.com
NinjaTrader Consulting
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
NinjaTrader
Trading Software Provider
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thenut-trader.com
FX, Gold, & Stock Signals
TradersStudio
System Building & Backtesting
Tradier
Equity and Options Trading
Trading Technologies
Trading Software Provider