sanchez

stopped out at -1.....BE for the trade Correction....my stop was on auto trail and it moved in to 94.75 to help cover comish so the result of the trade is +1 pt on 1/2 positions and -3 tix on the balance so it is a true BE trade, after comish

watching PA in the 95.75 area for clues ...open price

97.5 is 2nd tgt...................

ES L @ 95.5. potential tgt 99.25...just in front of the gap. I will be looking to scale out at +1 point on 1/2 position as usual

notice anything yet?? price seems to be winding around the 94.5 area. Traders seem to think of it as fair value for the time being.. Looking for clues as to the next direction

stopped out at 93 on the balance of the position....flat now I hope that description made some sense even tho I didn't post a chart

covered some more at 92....did not like what I saw on the retest of LOD....12.5% of my position remaining

still looking for 91.25....the PA at the test of the LOD will be interesting

I am letting this trade breath a bit because I'm not yet convinced at the PA in the 94.5 area. if I had no profit yet in this trade I would not be as liberal. We did have an open gap and have trended higher the past few days

watching the PA at 92.75 as well

PA right now will dictate whether or not I bail on this trade....watching 94.5 area & how it trades there...if it trades there Gap below at 1085

+2 covered 93.5 on 1/4 pos looking for 91.25 next

covered 1/2 pos at 94.5 but no fill yet at 93.5

ES................short 95.5

wow....what an exciting open!!

No news today. pre mkt vol is decent so far at 260k 94.5 area has hi vol on a composite basis...it is also the highest vol in the O/N session which is no surprise 1102.5, 1104.5-1106, 1109-1112.5 & 1117 for now on the upside 1091, 1088.25-1086.25, 1083, 1078, 1074 for now on the downside we have gaps at 1099.75 & 1105.25 It will be interesting to see if the 97 area holds or they push to fill the gap. Last Thus and Fri we rallied on low vol. Low vol was expected to to rollover. I will be looking for vol to get back to normal by Tues. Lets see what type of open we have and what tone is set for the AM

Hey Erie, What do those levels represent? Are they levels you are looking for to go Long/short?

I don't think showing charts are useless I was just trying to post in real time. Anyone can post after the fact....thats really all I was eluding to. I have camtasia but I've never used it, lol. The problem as I see it with a video is that the PA needs to be recorded real time in order to get the full meaning of what I'm looking at...imo Lets see how this go....we can always try something diff.

I am not familiar with any of the other traders in TL so I can't be of any help there. I don't know what a CL room is so I can't be of any help there either. I trade using vol and PA. I use simple and basic means of s/r. I just started this thread about 2 weeks ago and it is a work in progress. We'll see how it goes:thumbs up: No need to post vids or anything like that. I'd like to stay on topic as far as what it is that I do and what it is that I look at. If there is an interest that's great and if not this will act as a live journal for me I guess.

hey jumper, I try to post key levels prior to the trading day. Various levels come into play as the day progresses. Sometimes the levels I post pre mkt take time to develop as well. So, I let the PA dictate, at that moment in time, as to how relevant the level is. This is why I say that I don't just throw limit orders out at a pre determined price. As I go along I hope this will become more clear. Remember, I only started this thread about 2 weeks ago and we had to deal with rollover last week. I have been trading for over 15 years and I didn't learn this in a few weeks. If I post short 82 and it is not a pre determined level I will try to follow it up with comments &/or a chart. Remember though, I trade PA and vol. No indies or oscillators etc., so my levels can change as PA and vol develop. Areas I was looking at pre mkt may become irrelevant as the day unfolds. Lets see how it things go this week and we can tweak the communication as we go along so it is more understandable. A chart in the beginning & end ov the day might not be as helpful, if at all, because of what I am looking at to determine which trades I will take. I hope this makes sense

I guess it was right in front of me the whole time....thx for pointing it out. I am trying to post my zones/levels prior to the days trading. That should be the guideline but as the trading day unfolds, new levels can be established. I am assuming anyone in TL has their own live charts or it will be near impossible to follow anyone trading intraday mkts while gaining any real value, imo. As I progress this thread, I will try to streamline the methods in which I talk about the mkt. Maybe I will use shorthand and make a legend or something of that nature.....any thoughts on the subject are welcome. I am trying to call things in real time. I know it is a tough thing to do but I think it can be done....I'm going to give it a try anyway. My first obligation is to my trading and I must manage the trades as I take them. By the time I call an entry I have taken, my profit tgt or stops might have already been taken out so there is little I can do about that. All in all the times stamp on the post should coincide with the trade I ad taken or attempted to take. I will also try to post the times of the bars in which I had either attempted or taken a trade, if I post it after the fact. This is more of an educational reference or personal journal entry if you will. posting charts real time will be very challenging but maybe by posting the charts when the mkts slow down so they can be used to reference previous posts, might be helpful. Please let me know your thoughts so I can help make this a useful resource. If all I am doing is confusing anyone looking at this thread then it is more of a disservice & that would defeat the purpose. I will send a test chart to see if the image size or pixel size is correct. Thx for the input

How do I post a chart in TL? I'm a trader not a videographer lol. Not sure how to make a vid even though I might have the software for it. If you can tell me how to post or upload a chart I will do that. As I mentioned I am new to TL and posting

+ 1 pt on 1/2 pos and +6 tix on 1/4 pos and BE on the balance

re shorted the 78.25..................

volume is bad as expected. Rollover should straighten out by Mon-Tues. Might be done for the day. see what happens after lunch