ES Journal - 2013

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

  1. My 930est opening strategy is based 75% on pre-market activity and its very profitable. Trading outside of RTH is account suicide IMO, but i do think the pre-market activity can be helpful.
     
    #6881     Sep 26, 2013
  2. horton

    horton

    I have the ES RTH VWAP at 91.75. Anyone else have that?

    Edit - 91.71 to be exact but obviously that would be 91.75
     
    #6882     Sep 26, 2013
  3. lexcorp

    lexcorp

    Closing that here at 1692.25 for +3
    (actual entry ended up being 1689.25)
     
    #6883     Sep 26, 2013
  4. Care to expand more?

    Is that using price action, behavior, levels or what have you from ETH to make a trade at the opening bell (?)...?

    Or is it using the pre-market to determine where we will most likely open and then put that into context with the previous RTH day, i.e., flat open, gap open, large gap open, etc?

    I use/used the last approach myself as I obviously always want to have an idea of where we will open. But I would not need charts to be honest. Just the OHLC of ETH.
     
    #6884     Sep 26, 2013
  5. Visaria

    Visaria

    long nasdaq. Bit dumb to go long on es, always go long the strongest index. That's the Nasdaq.

    :mad:
     
    #6885     Sep 26, 2013

  6. Good stuff
     
    #6886     Sep 26, 2013
  7. This has been a very frustrating week for me as I also (normally) find the opportunity to place trades about an hr before - 1st hr of trading but so far this week every AM I have been unable to be at my trading desk so have missed much of the really good moves. While what I've done is important its pure frustration watching the market mid-day and having no real opportunity to make a good trade. I end up taking so so trades and often over trade just to be in the "game"...UGH:confused: :mad:
     
    #6887     Sep 26, 2013
  8. Visaria

    Visaria

    What "game" are u in? Game of seeing how many times you can buy and sell? Better to be in the game of making money.
     
    #6888     Sep 26, 2013
  9. horton

    horton

    The last few days the market makers have been shoveling shit back and forth. I don't think there are any real buyers at SPX 1700. I have the put call ratio printing the lowest level in more than a year today, but we can't print SPX 1705. And the market internal based indicators I track in the Daily chart are conveying a negative inflection point.
     
    #6889     Sep 26, 2013
  10. s 88
    stop 93
    t 79
     
    #6890     Sep 26, 2013