ES Journal - 2013

Discussion in 'Journals' started by Trvlwanderer, Jan 3, 2013.

  1. horton

    horton

    ES 91.50 is 24 hr VWAP and they will try to touch after Europe Close so now.
     
    #6871     Sep 26, 2013
  2. horton

    horton

    Already touched NQ 24 hr VWAP, sitting there waiting for ES.
     
    #6872     Sep 26, 2013
  3. ammo

    ammo

    uvol dvol went from 5/1 to 8/5, think they need to tag that 90 91 cash to get rally going (find buyers) for end of month
     
    #6873     Sep 26, 2013
  4. Do you weigh ETH trading equally with RTH (U.S. stock market trading hours 9:30-4:00)?

    I don't. In fact, I just like to be aware of where we traded during ETH, but I don't pay much attention to it beyond that. Maybe that's a mistake?

    Interested in everyone else reading's opinion on this as well.
     
    #6874     Sep 26, 2013
  5. horton

    horton

    Agree looks weak lots of offers below ES 24hr VWAP
     
    #6875     Sep 26, 2013
  6. ammo

    ammo

    rth volume dwarfs eth so ,i like you notice ,compare it to spx s/r ,eth most often stops there
     
    #6876     Sep 26, 2013
  7. horton

    horton

    Before 1000 CT I am focused on RTH events but after 1030 CT I consider 24hr VWAP Touched. I use this because I believe the European derivatives desks and Frankfurt equities are still open until 1200 CT to 1300 CT.

    But I am open to alternative views on RTH versus 24hr VWAP in terms of which is the stronger liquidity magnet.

    They are still pressing NQ to get ES to VWAP...
     
    #6877     Sep 26, 2013
  8. ammo

    ammo

    out 90 25
     
    #6878     Sep 26, 2013
  9. Like ammo alludes to, the liquidity is obviously superior during RTH and since we're trading a derivative of the S&P 500, I personally think it makes sense to weight RTH much more.

    I simply don't consider ES a 'true' 24 hour market, even though it trades around the clock.

    That said, I have noticed that the H/L and midpoint of globex can be interesting to plot when RTH starts. :)
     
    #6879     Sep 26, 2013
  10. Short 91.25 add 93 exit end of day.
     
    #6880     Sep 26, 2013