I am thinking about going short in the YM late today 03.22.07

Discussion in 'Index Futures' started by ElectricSavant, Mar 22, 2007.

  1. From 9:00-9:15 cst there was a range of 38 points from the high to the low. The open was 13046 and the close was 13016 here...The high was 13048 and the low was 13010

    These are last trades and from the 15M candlestick from 9:00-9:15 cst. from OEC


     
    #571     Apr 25, 2007
  2. Folks this trade does not go the way I like it to do...I have changed my targets on both contracts to bail out at plus two points at 12993...I am in the queue and entered and waiting.

    sorry...it just does not follow the pattern that the EOD signal follows and I am waiting for a dip to take me out today or tomorrow...

    ES...

    P.S. There is always the next trade....and I will return to 1-contract trading.
     
    #572     Apr 25, 2007
  3. Boib

    Boib

    If you don't mind check last print 8:59:59 and first print 9:00:01

    I haven't been stopped out either day but I would think twice about placing a stop order at this time if it is the case.

    I usually enter with a bracket order. Stops in place in case my computer goes down. My stops are usually closer than 20 points.
     
    #573     Apr 25, 2007
  4. I am using candlesticks...sorry...But the last trades on the close to the open was near each other...13045...13046...

    I do not know where to find the tick print file with the bids and the asks history...it would be huge at that hour...

    ES


     
    #574     Apr 25, 2007
  5. The runaway Dow,,,,

    I will tell you the individual componets need to be arbed into the Futures...what are these guys doing?...else trade the stock or bring the Futures...back! what will it be...

    I am going down to the PITS and kick some A**..

    ES
     
    #575     Apr 25, 2007
  6. Boib

    Boib

    Not a problem; It's just that it happened 2 days in a row at the same time. strange!!:confused:
     
    #576     Apr 25, 2007
  7. My sell limit at 60 just got hit a bit ago.
     
    #577     Apr 25, 2007
  8. Careful Bingo IMO...

    Look at the underlying!
     
    #578     Apr 25, 2007
  9. Thanks Oso. Too late now. I'll give 'em another one at 75 if they want it.
     
    #579     Apr 25, 2007
  10. Either you are going to be lunch or you caught the top of the swing and you will be golden.

    Me, Im still scalping long side. Below 052 Ill likely change my mind.

    Good trades to you
    Osorico :)
     
    #580     Apr 25, 2007