ES 3-16-2011


  • 3
  • Lorn
  • 15-Mar-2011 at 9:58 PM
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Thought I'd post profile for Monday/Tuesday along side last weeks profile. These are RTH only profiles. Quite a few unfilled gaps over the last several trading days. Have we found an important bottom here or more downside to come?


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es30min03162011
  • 0
  • BruceM
  • 16-Mar-2011 at 10:18 AM
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Thanks PT....I'm much more patience when I have taken something off and trying to hold for further gains......the thing I'm trying to get better at is being less stubborn and more objective on my final exits....

and that's been a slow process.....
Originally posted by pt_emini

Bruce, great patience through a very choppy trade !

I was in and out 3 times in all this chop...

Floor seems focused on the gap fill at 75.30 in the bigs.
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  • chrisp
  • 16-Mar-2011 at 10:22 AM
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Originally posted by BruceM

some beleive in an OR close which would be the closing minute of trade. IF you beleive that the opening range is defined by the one minute high and low like I do then it may pay to not get greedy and look at the closing range lows and highs on gap fills...

good little reactions there sometimes
good point Bruce, going by opening print I have 72, and the first 3 - 15 min candles have closed below
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  • optimusprime
  • 16-Mar-2011 at 10:27 AM
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given the current geo political problems, the petro numbers coming out in 3 minutes may give us a pop 1 direction or another.
  • 1
  • Lisa P
  • 16-Mar-2011 at 10:30 AM
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VWAP is like a brick wall.
It is possible that HAL, the computer, is in charge today. If this is right, he takes perfect trades off the VWAP - 2 points.

When he is in charge, he takes the market almost to the target (say yest's close), then "PrepH" small players, and gloriously gets to the target. We will see. Still have a runner
  • 1
  • optimusprime
  • 16-Mar-2011 at 10:32 AM
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Yahtzee!!! there's my 75!!
  • 1
  • BruceM
  • 16-Mar-2011 at 10:32 AM
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I'm keeping the day in context and that is that we opened inside YD range and are trading on both sides of the open....and look at Lorns O/N profile.......consolidation is somewhat expected...in other words, today would be a much harder day to hold for trends I think..

probably better to sell rallies above the gap fill and if that
  • 0
  • optimusprime
  • 16-Mar-2011 at 10:33 AM
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sorry, actually filled at 74.75
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  • BruceM
  • 16-Mar-2011 at 10:34 AM
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cool ..congrats to those who held ....
  • 0
  • Lisa P
  • 16-Mar-2011 at 10:39 AM
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YM has NOT entered the gap. IF it does, we may run up to that gap close. Just a thought. Watching
  • 1
  • Lisa P
  • 16-Mar-2011 at 10:42 AM
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Out at 1275. Whew. Exhausting trade. See my prev post re "PrepH"...lol.
  • 0
  • BruceM
  • 16-Mar-2011 at 5:28 PM
  • Rep: 216k
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look at that right down into that 47.50 in the O/N session......perfect magnet
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