Day Trading the E-mini Futures with Predictor

[Predictor 11]

Coming in now... some of the LQ providers got "off center" and re-adjusted their bids too high.. will see

 

sell side imbalance is growing look for retest of 92.75

[Predictor 11]

Very nice! Very useful patterns in the book today.. I wouldn't be able to read these patterns without my software...

[Predictor 11]

Unsure if I'll be placing any trades today, launching our software is my current priority and a bit low on the energy. Always do a self check...

 

Sell programs are hitting market pretty aggressively right now...

 

But my bias is to upside today.

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Even so willing to offer at 2.50 for a 1 shot

[Predictor 11]

LQ providers I believe are resetting to re-offer at 2.25-.2.75 so I'm going to offer there too

 

Even though sell programs hit the market, important to see how the book changes in relation to the order flow... esp since the lq providers like to pull the depth on the other side to hit the stops

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Filled and bid 95ish even... in before a report

[Predictor 11]

Added to short.........

[Predictor 11]

Not good day... started off very good.. was approx at profit target but took large loss. Will evaluate and try to improve... pushed it too far

[Predictor 11]

Market looks to be topping here...

[Predictor 11]

Also, due to high interest in training and my tape reading product, I'm going to be redirecting my energies into supporting/helping those users and providing training services -- as such, posts here will be less frequent but will still contribute -- just less frequently.

[Predictor 11]

I'm filled at 13.25.... this is a 1 shot for me. I will offer a bit more at 14.75

[Predictor 11]

Taken off/added since last post... confidence is higher now of a retest lower. Some traders adding at 13... when 13 is taken out then we should a nice 1-3 point move lower

[Predictor 11]

FV right now is 11.50 at best...

[Predictor 11]

Very interesting dynamic.. had nearly 5k contracts print on 13 buy side and then market moves lower as replenishing offer exhaust buying.. This was nearly 1/2 the short interest. Indicates that much of buying was short covering from HFT bots... lower still

[Predictor 11]

Large bid imbalance 11.50ish... not being taken out.. approx met profit target for today.. not going to push it... short interest is decreasing... we may get another test higher for a short

[Predictor 11]

I'm bid 11.50 for 1 shot.. just missed it on short side

[Predictor 11]

Offering 13.... keeping an open mind

[Predictor 11]

I'm bid 10.25ish

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pulling bid to 10.25 even

Edited February 11, 2013 by Predictor

[Predictor 11]

I'm also bid at around 9 for possible reversal

[Predictor 11]

Closed short trade... at market... pulling offers above

[Predictor 11]

I'm re-offering around 12.75

[Predictor 11]

I'm re-bid 11.50 and planning to adjust to long only exposure

[Predictor 11]

Long at market... here 11.75

[Predictor 11]

Added to long off the 10.25ish.... only add when confident.. looking for new highs here...

[Predictor 11]

I'll offer out part below 13ish level.. imo very high risk now to short off the 13... anticipate a move to 15 or so

[Predictor 11]

Offers pulling aggressively here

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Wasn't anticipating a drop... buy volume was around 60% of total.. sometimes that indicates a top... may reduce risk here

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Taken off partial... arb programs are now having to eat the book imbalance

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Offering rest at 14.50 but may go to market or adjust

Edited February 11, 2013 by Predictor

[Predictor 11]

A seller is reloading off the 13.. if we take this seller out a large pop is likely... however its a warning as well

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Adjust offer lower to 14.25