ES Wednesday 10-30-13


  • 5
  • BruceM
  • 30-Oct-2013 at 9:01 AM
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most important areas to me....

current On high and R2 and O/N vpoc 1772- 1773.25.....I'll be selling into 71.75 anytime after 9 a.m.

weekly R2 and yesterday close and highs 1767.25 - 1768.50...I'll be buying into this anytime after 9 a.m but will need to see 67.25 print again in O/N session first...not 68.50

VA high, daily pivot, O/N low and POC 64.75 - 65.75


Current O/N midpoint is also close to R1 today...I am using that as a target only in RTH...midpoint should print today in RTH
  • 3
  • BruceM
  • 30-Oct-2013 at 9:13 AM
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my ideal trades will come in the day session and be initiated BEFORE the Overnight midrange is tested...an open and IMMEDIATE test of that midrange makes all trades higher risk
  • 3
  • BruceM
  • 30-Oct-2013 at 9:18 AM
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keep in mind that these rally days have been at some time testing the previous days VA high ...so I do expect that today too....so sells are prefered on an open above Value and the 67 - 68 area buys are not very attractive...hoping for one good sell and call it a day...that would be the ideal !!
  • 5
  • NickP
  • 30-Oct-2013 at 9:18 AM
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this is what i have...probably choppy today overall heading into the fomc announcement at 2pm et

Click image for original size
es2mbar
  • 3
  • BruceM
  • 30-Oct-2013 at 9:23 AM
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I prefer the buys off the lower area...near 65....that 67.25 - 68.50 is a more aggressive trade and would trade lighter there
  • 0
  • BruceM
  • 30-Oct-2013 at 9:24 AM
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oh yeah...I can vote today...thanks Nick
  • 1
  • NickP
  • 30-Oct-2013 at 9:28 AM
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yep, that 64.5-65 area is the center of yest afternoon distrib (albeit a small one)...lots of small areas pretty close to each other unfortunately



Originally posted by BruceM

I prefer the buys off the lower area...near 65....that 67.25 - 68.50 is a more aggressive trade and would trade lighter there
  • 1
  • BruceM
  • 30-Oct-2013 at 9:34 AM
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69.50 was/is midrange.....couldn't put it to good use today...disappointing...hoping they can poke up above ledges at 71.25 and 71.50 but we may nneed to use the opening range trade to get short....hope not
  • 1
  • BruceM
  • 30-Oct-2013 at 9:47 AM
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I bought the 67.25 but I think they may try to push for the VA low.....otherwise my target is the volume building at 69.50...tuff trade ..don't want new lows now
  • 2
  • BruceM
  • 30-Oct-2013 at 9:52 AM
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all out at 69 and I am confused in here....gaps in my data and that O/N low and VA high down below are still untested
  • 2
  • BruceM
  • 30-Oct-2013 at 9:54 AM
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the opening range traders would have tried to sell one point above the one minute high...they got screwed by a tic and never got the shorts working !!
  • 2
  • BruceM
  • 5-Nov-2013 at 9:04 AM
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sorry for the video PT but typing that out would have been too complex for my simple brain........also what is fisher indicator...? I will search on line for the answer too....don't expect you to do ALL my work..
No video below? Try this link: questions_for_PT.swf






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