Trading on ES (E-mini SP500)

Discussion in 'Journals' started by magnetic, Dec 13, 2019.

  1. magnetic

    magnetic

    Hi all,

    I would like to start this thread about trading on ES futures and discuss moments about order flow, dom, vwap with pro traders)
     
    Evgeniy and murray t turtle like this.
  2. As none of those things matter, you probably won't get much play.
     
  3. magnetic

    magnetic

    And what things matter in your opinion?
     
  4. magnetic

    magnetic

    upload_2019-12-13_14-41-19.png
    closed the gap and touched the previous vwap
     
  5. We share a kindred spirit. I see you're in the Netherlands... and I'm half Dutch on my father's side.

    The only thing that matters (and pays) is having your position in tune with price.

    Spend your effort learning/practicing "Price TA". Everything else is distraction.

    KISS, baby!
     
    Last edited: Dec 13, 2019
    GuerrillaTrading likes this.
  6. notagain

    notagain

     
  7. Cute!

    Should be "Trader's Anthem".

    :)
     
  8. dozu888

    dozu888

    if order flow dom vwap can make money, how many thousands of people wud have done it already..
     
  9. traider

    traider

    HFT make lots of money from order flow and dom.
    You can be NEO and defeat them, don't give up, don't listen to naysayers like dozu
     
  10. Bugenhagen

    Bugenhagen

    Most things work, just are they being applied well enough.

    I use VWAP as a universal reference point a lot and I have a trade or two based on pretty reliable behaviours around it. The volume profile.. meh, useful for some I'm sure but after a couple of years you can just look left on the chart and see all you need.

    Gap closes in the ES etc. can make nice money with orders waiting etc. though large midweek gaps like yesterday are rare/world event things.
     
    #10     Dec 13, 2019