ES 3-17-11


  • 5
  • koolblue
  • 16-Mar-2011 at 5:05 PM
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seasonalmarchspx

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seasonalmarchndx

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mean reversion model5735image002

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mean reversion model5735image004

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day chart
  • 2
  • Lorn
  • 17-Mar-2011 at 12:11 PM
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Here goes the VWAP challenge and you can see CD pushing down to new lows. Obviously while prices find support here, whoever is selling this is only giving contracts into much stronger hands, apparently.


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esvwap03172011g
  • 0
  • BruceM
  • 17-Mar-2011 at 1:34 PM
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64.75 was enough for me...flat and done for today...ya just don't know what's gonna happen when they FINALLY break an IB...after so much consolidation
  • 2
  • Lorn
  • 17-Mar-2011 at 1:34 PM
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Here you can see the lower highs all along CD each time price tried to rally. Here is a break now. VWAP is important now.

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esvwap03172011h
  • 1
  • koolblue
  • 17-Mar-2011 at 1:36 PM
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1327
LOOKING FOR AROUND 1267
  • 3
  • koolblue
  • 17-Mar-2011 at 1:41 PM
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1328
  • 3
  • koolblue
  • 17-Mar-2011 at 1:46 PM
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thats how i do it!..Note the 5 min red avg about 69.25 and falling fast, i also look at median lines and all that goes into how i determine my exit (and projections of course!). on entries i want the prc band to be hit or exceeded, a projection hit or very close, and my 5 period rsi to be oversold (below 20)on buys ,or overbought on sells (above 80).. a developing divergence is even better.
  • 2
  • BruceM
  • 17-Mar-2011 at 1:46 PM
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they want that 62 - 63 still I think...just too close..as long as they get below that new volume at 65 it gives the all clear for new lows
  • 0
  • BruceM
  • 17-Mar-2011 at 1:48 PM
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nice fade Koolio..!!
  • 1
  • BruceM
  • 17-Mar-2011 at 1:50 PM
  • Rep: 216k
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no offense to anyone posting today but Lorns expanded explainations on CD are on fire for me today.....light it up....!!!
  • 0
  • koolblue
  • 17-Mar-2011 at 1:51 PM
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Originally posted by BruceM

nice fade Koolio..!!
actually,thx to you friend ..your 63 number gave me the confidence to enter where i did ,since if it went below 64 i felt it would only be by maybe a handle! therefore on that trade i was using a smaller than usual entry stop of only 2 handles...
  • 0
  • BruceM
  • 17-Mar-2011 at 3:57 PM
  • Rep: 216k
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a good day to study context...trade inside the previous days range and trade on both sides of the open ..multiple times...

and that 68 - 70...still like a giant magnet...look how they tried to push it up and away from there again and the volume just died on the third one minute bar....up

I'm referring to the break away they just tried at 3:45 EST...
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