Live Indices Trades

[firewalker 10]

12116 ish....not bad...

Should come off now...

 

Impressive

[firewalker 10]

DOW short 12100.

 

Considering it was a late night scalp, and that the entry signal was actually an exit signal for me longs, exit @ 12050 means +50 and is much more than I had hoped for.

[Foale 10]

Long Dow 11973

 

stop now set at 48

 

 

out 63 -10

Edited June 20, 2008 by Foale

[firewalker 10]

sorry to go against you there foale

 

DOW short 11995.

[86834 10]

Sorry guys as this isn't a live post, been half asleep on all morning after a late night. The end of yesterday produced a two day merge on the profile.

 

 

This gives us a POC of the 1341 area in the market which should be a important level. If we're below it then sell off it on the retest, visa versa for a long.

 

If you were up this morning unlike me, you could of caught a good trade pre market. The good old double pass through trade that i keep on mentioning. We traded down into 1341 where you should of tried to buy it. You would of got your chops bust and got stopped out for -2pts, but this set you straight up for the double pass. Market plowed through 1341, then came back up to retest it we you sold off it. First natural target to scale some off would of been the VHL at around 1336, which has been reached, but your ultimate target here is gonna be the 1328 area of the market. Remember that it's a merge so give it time because we're looking at the bigger picture here.

 

Other than that setup, gonna trade the day as usual, boosting points here and there as levels develop, and the flow... well... flows

 

 

Kevin

[86834 10]

heres a screen shot of a candel stick chart, so you can see how price reacts to such levels as 1341, and you can see the trade i mentioned above.

 

[firewalker 10]

sorry to go against you there foale

 

DOW short 11995.

 

The short signal occurred at 1514 my time (16 minutes before the open)

I was afk unfortunately, but I still got a nice entry

[86834 10]

profit target for that merge i mention has been reached. 1328

[86834 10]

1329.75 area looking interesting as the initial balance develops

[firewalker 10]

sorry to go against you there foale

 

DOW short 11995.

 

first exit @ 11885 for +110

[Foale 10]

sorry to go against you there foale

 

DOW short 11995.

 

 

 

 

Well its really just a continuation of your short from 12100 yesterday...

 

Well done...

[86834 10]

short term valye has developed down in the 1325 area. So we're got value above at 1329.75 - this gives us a good area in the market to rotate, especially with the rejection above in the 1329.75 area, looks like a b profile could be forming indicating long covering in the market, which makes sense after selling has been initiated from the merge by the cti2's.

 

The street overall is short, so i'm looking for my first scalp off up short term value at. 1329.75. Limit order on the books...

[firewalker 10]

Well its really just a continuation of your short from 12100 yesterday...

 

Well done...

 

Thanks... it definitely it was one my bigger profits.

I contemplated of holding overnight though, but so far it's not decently backtested so I didn't...

[86834 10]

as we're moving up into the 1329.75 value area the sellers are begining to weigh in on the books, which helps back the trade up.

[86834 10]

gonna try get long off 24.50 for a rotation scalp

[Foale 10]

Long Dow 11892

[86834 10]

didn't get a fill

[firewalker 10]

first exit @ 11885 for +110

 

stop moved to 11935 on other half.

[firewalker 10]

short term valye has developed down in the 1325 area. So we're got value above at 1329.75 - this gives us a good area in the market to rotate, especially with the rejection above in the 1329.75 area, looks like a b profile could be forming indicating long covering in the market, which makes sense after selling has been initiated from the merge by the cti2's.

 

The street overall is short, so i'm looking for my first scalp off up short term value at. 1329.75. Limit order on the books...

 

If you don't mind me asking... How many minutes do you need to determine where value has developed itself?

[86834 10]

long 24.50, looking to boost 2pts

[86834 10]

exit acheived at 1326.50 for +2pts ES

[86834 10]

looking for a short in the 1328 area

[Foale 10]

Long Dow 11892

 

 

 

out 11912 +20

[86834 10]

short 28.25

[86834 10]

missed my exit by a tick lol, ended up stopped out, shorted 29.50