Day Trading the E-mini Futures with Predictor

[Predictor 11]

Tentatively offering liquidity at 59.25....

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Wow, our newest order flow tools give us unprecedented insight into the order flow dynamics.. I haven't shared these with the public yet but am very excited. I can't share them until we release (because we have several competitors watching everything we do ). But it's very exciting.. I can see new dynamics in the order flow.

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Here are a few other things that may be relevant for today's action

 

Empire State -> Below Exp

 

http://www.bloomberg.com/markets/economic-calendar/

Edited January 15, 2013 by Predictor

[Predictor 11]

Both the buy and sell algorithms running now are trying to do business around 61.25/61.50... sometimes you'll see an algorithm that waits there too long and apparently has a timer to go to market...

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Buy programs have started to hit the market... hard for me to execute here though because the its a small range. not much opportunity. They seem to be programmed to go off at random times but they tend to continue buying once they start.

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Attempting a short off the 63... so far LQ providers have been pulling out... its a 1 shot.

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What happens is LQ provider pulls the offer above... then sell program hits... pulls.. sell program hits... or rather sell algorithms.. this is why we can see the market just marching along higher even though there is more aggressive selling

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See some evidence we may retest lower range still...

Edited January 15, 2013 by Predictor

[Predictor 11]

Nice work... if you can get it... dfd

 

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Absolutely believe that what we've created a superior software for reading the order flow. I look forward to being able to share this after we release. Hopefully it will happen within the next several days...

[Predictor 11]

1466.50 looks like a reasonable short... I can see the LQ providers resetting to this level and it is near our H1 reversal point

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Bias is short off 66.50. Strong order flow... buy side... need it to reverse here or only take a scalp

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LQ providers are resetting to 65.25... may get 64ish even

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OF has turned 1 sided negative.. good sign

Edited January 15, 2013 by Predictor

[Predictor 11]

Very distinctive and not seen before selling suggests HOD is in...

[Predictor 11]

Levels for next 24 hours.

 

H2: 1482

H1: 1478

L: 1474

 

Market is currently at 1476.75.

[Predictor 11]

Bias is short... currently offering at 75.50

[Predictor 11]

LQ providers have pulled to 74.50... will be keen to see what happens around there

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Consumer confidence at 9.55. If I'm not filled before then may pull... and watch for a better short opportunity on an extreme movement to h1

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Some demand at 74.50 if we break that then I could target new lows

 

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Great entry... not worth the risk of holding through report though. will wait and watch

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Reshorted.. reading tape updats will be delay

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Market likely to jump to new low momentarily..

Edited January 18, 2013 by Predictor

[Predictor 11]

LQ provider reset to 70.75...

[Predictor 11]

Bias is shift to long at lows... Not an easy day today.. exceeded my profit target nonetheless and DFD. My experience is after exceeding profit goals my risk/reward doesn't increase so I won't be active. There is some opportunity on long side at lows. Very large limit order imbalances on buy side all way down..

 

Our software gives the me (the discretionary tape reader) a tremendous advantage. The first generation programs that only display the transacted orders are not suitable for the type of precision required in today market.. imho

 

Still very difficult... today the action was for dropping on buy programs... buy program, drop, buy program, drop. It makes it rather difficult but was able to recognize the pattern early. A lot of sell programs are only programmed to go off on a new high... so as soon as we hit a new high then they push it to a new low.

Edited January 18, 2013 by Predictor

[Predictor 11]

Keeping in mind H1 is around 78... watching currently but will only take an exceptional opportunity.. unless today turns into a strong trend day then it will be hard to difficult to exceed h1... about 50k contracts accumulated so far...will watch what type of response to what I expect to be a heavy book in the 78ish region

 

Offering 77.75..77.5

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LQ providers pulling to 78.5.. marketing in..

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seeing some signs HOD is in

Edited January 18, 2013 by Predictor

[Predictor 11]

Bias is short... been extremely busy launching our software this week so haven't been able to track market too closely... offering just below 96.. probably only update for awhile

[Predictor 11]

Added to short position...

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Lot of pulling on the bids on the back levels but 94 has been added too... lot of traders were short from 94... when those traders finish covering and if we trade below 94 then we could get a nice run

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Some short term traders are targeting the 92.50... lq provider has reset to just below 92...

Edited January 24, 2013 by Predictor

[Predictor 11]

buy program just exhausted.. higher probability

[Predictor 11]

I'm out for rest of day... some buying off this 91.. possible area for scalp to long side to 92.50

[Predictor 11]

Bid just came in at 87... good area for long scalp

[Predictor 11]

88.5-88.75 high probability here

[Predictor 11]

Keep in mind its a bull market. bias to long side

[Predictor 11]

Seeing some firming in the bid here... if my hypothesis is correct then we should be able to hold above prior lows

[Predictor 11]

Offers being pulled..

[Predictor 11]

Lot of selling off the 94 but it appears to be mostly short term traders who are stacking orders near the front of the book.... going to attempt to rebuy off the 92 if given opportunity..

[Predictor 11]

Retest of 95 becoming higher a probability...

[Predictor 11]

HFT traders shorting at market in front of order book imbalances on the offer side...

 

will let any buyers take me out

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theres been a hidden seller working below the 94.50 will attempt to exit rest of long more aggressively

Edited January 25, 2013 by Predictor

[Predictor 11]

Potential for short scalps at these highs... Retest of 96 looks very possible but day looks like a trend day too (higher risk)

[Predictor 11]

Been too busy with launch to trade this week.. This 96.50 area looks like a good area to offer short

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Bid has started to weaken.. buying surge is exhausting potent.