Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

MadMarketScientist

Day Trading the E-mini Futures with Predictor

Recommended Posts

Not sure if I will trade today.. a bit tired from working on my software overnight. Some of my models suggest a low of around 1411 with high of 1420+ possible. I believe this is over optimistic. I'm thinking we trade down to around 1404-1405.

 

I'm short biased but even so may focus on a long reversals off the 11 and 04 instead of getting short early.

Edited by Predictor

Share this post


Link to post
Share on other sites
Currently short.. feel 12 is acting as an attractor but will likely see lower.

 

Bias is now long.. tested 12, held. last update..

 

Good morning. Based on prior highs, R1 and a bit of instinct, i took a short @ 1418. I am targeting 1410, taking half off and adding a 10 tick T/S. good luck today.

5aa711866b6e8_sp.thumb.jpg.1642e6958c7ce83c4243e7695c5eaf84.jpg

Share this post


Link to post
Share on other sites

Took a medium loss. If you look at my calls they were spot on today but I executed the game plan poorly.

 

I was able to spot most of the turning points spot on with the orderbook imbalances. Nearly every major pivot low today were OB imbalances. Huge imbalance at the 10 -- shorts trying to get filled. What made it difficult for me was there was a heavy sell side imbalance at the 14, as well. I waited forever for the 16 but not long enough.

 

Today had a good game plan, pegged the day structure, knew the lows, and my software pointed out the pivot swings but series of small errors coupled with tight range made it difficult to pull off.

Share this post


Link to post
Share on other sites

Retest of 1404-1405 looks like a possibility... Been super busy readying my software for release but the last several days would have been great trading for my style.

 

If I take any trades today then that's the best setup I feel, although weighing possibility of a break lower..

 

Order flow is heavy to the sell side indicating lack of interest in the new highs... however I feel shorts are still higher risk and will try to keep to long side.

Share this post


Link to post
Share on other sites

Some buying coming in off the 5.75 anticipate this buying to fail.. looks like high frequency algorithmic activity

---

Seller pushed just below to 5.25 but buying momentum is now building... price now at 7ish

--

Buy side book thinning? May indicate drive lower imminent

---

As long as buyers hold 5.75ish then they should be assumed in control.. was anticipating one more flush out but seems slow to come..

Edited by Predictor

Share this post


Link to post
Share on other sites

In highly mean reverting market/tight range.. all the buying will be at the highs and selling at the lows as liquidity providers take other side and exhaust both sides.. seeing that sort of activity now...

---

Market long... feeling the waters.. wrong move

 

---

 

Added to long.. very selectively when under water.

Edited by Predictor

Share this post


Link to post
Share on other sites

Buy programs going off now... taking out OB imbalances... likely to drive to retest 7ish

---

For those who believe the book in futures is spoofed (not talking stocks).. There were about 4,000 orders listed off the 5 and then about 4,000 transacted.. So if there pulled orders there weren't many.

---

 

Nice strong OF drive here... will be looking to see what happens around 6.75-7ish... a drive to 8 is possible.. will be reducing size.

Edited by Predictor

Share this post


Link to post
Share on other sites

Lot of supply coming in form of iceberg around 7ish.. trade is more two-sided.

----

This supply led to OF drive.. down from 7... may offer out/exit there... test of 8 still seems a possible play

Share this post


Link to post
Share on other sites

Buy side OF was somewhat aggressive when I came in this morning.. frothy...

----

 

I added (and have reduced) my short exposure... when the OF turns two-sided then often its a sign of topping/bottoming... the direction will follow.. we had some nice OF imbalances up in the upper 9's too

---

Paying close attention to 5.50s... may go flat before next report. 5.50 is buy side mode

Share this post


Link to post
Share on other sites

Market looks set to test higher... 4ish held

---

Added to long...

---

Strong buying here... boehner speaking

---

That was short lived... another interpretation is mrkt is building value lower...

---

Added long but will attempt to clear off this position... bias is shifting to short side

---

Some buy programs going off here...

Edited by Predictor

Share this post


Link to post
Share on other sites

Reversed to short as 4.50 failed.... so far profitable.. had exceeded my profit target today early but didn't take all of them... will attempt to offer around 4.50..

-----

Long target just above the 1ish

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • PM Philip Morris stock, top of range breakout at https://stockconsultant.com/?PM
    • EXC Exelon stock, nice range breakout at https://stockconsultant.com/?EXC
    • UTZ Utz Brands stock, watch for a bottom breakout at https://stockconsultant.com/?UTZ
    • FL Foot Locker stock, nice breakdown follow through at https://stockconsultant.com/?FL
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.