DTs Pre Market Prep - Trading Journals | futures io social trading
futures io futures trading


DTs Pre Market Prep
Started: by DionysusToast Views / Replies:147,918 / 1,001
Last Reply: Attachments:700

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 700  
 
Thread Tools Search this Thread
 

DTs Pre Market Prep

  #301 (permalink)
Trading Apprentice
United Kingdom
 
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: ES
 
Posts: 6 since Jun 2014
Thanks: 2 given, 3 received

Having seen 49.50-50.00 area break this morning, am expecting the composite LVN at 43-44 to be tested today in RTH. I am expecting this area to hold due to the HVN around 40 on the initial test and for price to move back to try and break 50 and then possibly 53 before any attempt to go south again.

I appear to be embed an image because I have a post count < 5 !!!

Attached Thumbnails
DTs Pre Market Prep-es-140624.png  

Last edited by robster970; June 24th, 2014 at 06:13 AM.
Reply With Quote
The following user says Thank You to robster970 for this post:
 
  #302 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,490 since Nov 2010
Thanks: 752 given, 7,633 received
Forum Reputation: Legendary


robster970 View Post
Having seen 49.50-50.00 area break this morning, am expecting the composite LVN at 43-44 to be tested today in RTH. I am expecting this area to hold due to the HVN around 40 on the initial test and for price to move back to try and break 50 and then possibly 53 before any attempt to go south again.

I appear to be embed an image because I have a post count < 5 !!!

You'd better get posting more then Rob!

I'll look our for that area - thanks.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
 
  #303 (permalink)
Trading Apprentice
United Kingdom
 
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: ES
 
Posts: 6 since Jun 2014
Thanks: 2 given, 3 received



DionysusToast View Post
You'd better get posting more then Rob!

I'll look our for that area - thanks.

LOL - here is no. 5 - shackles are free!

Seriously tho' it looks like this to me right now.

- Algo take price upto 60 on Sunday night and now it is drifting back to value
- It is alternating between HVN's and LVN's controlled by short term participants
- I see 44 as a line in the sand LVN but see it pushing into the 40 area where there is an HVN - current hypothesis is value will be found here but you know, hypothesis is just that....a hypothesis.
- If value is not found there, it will take out 38 LVN and try to find value at 32 or 34 HVN's where long term participants will step in.

There has to be a downside test for value shortly - look at the daily volume........no buyers up here.....

Reply With Quote
 
  #304 (permalink)
Elite Member
Philadelphia
 
Futures Experience: None
Platform: gold blimp
Favorite Futures: pink clouds
 
Itchymoku's Avatar
 
Posts: 2,859 since Apr 2012
Thanks: 1,651 given, 3,544 received

baby dog needs let inside


Reply With Quote
The following user says Thank You to Itchymoku for this post:
 
  #305 (permalink)
Trading Apprentice
United Kingdom
 
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: ES
 
Posts: 6 since Jun 2014
Thanks: 2 given, 3 received

futures io on Twitter
LOL. Have we met before, you seem to know what I look like.....


Itchymoku View Post


Reply With Quote
 
  #306 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,490 since Nov 2010
Thanks: 752 given, 7,633 received
Forum Reputation: Legendary


Itchymoku View Post

lol - that's brilliant.... almost as good as the screaming sheep....


If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
 
  #307 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,490 since Nov 2010
Thanks: 752 given, 7,633 received
Forum Reputation: Legendary

25th June

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


We took another visit to the high yesterday, ticked through it and sellers stepped in when we failed to maintain the high. So we are back into our potential range and potentially headed to 17.25 and 06.50 before turning back up. Of course after a sell off we can snap back, so basically if we don't see that snap back soon after the open, I'll be expecting us to complete the range downside.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


In terms of the profile - we were expecting acceleration thru 46 down to 36. We were already in a good move down as we hit 46 yesterday and we didn't make it to 36. 36 could still act as support and I favor a slow grind down to 20 if it does not hold.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Here we can see the failure after 1 ticking the high. The Globex session is consolidating here. We could pop up to 46-48 area off the pit session open - if we do pop up and it holds that should be a good shorting opportunity as sellers should step in to push it down.

Weekly Numbers
Range - 1939.75 -> 1960
Value 1948.50 -> 1959
S1 1932.25, R1 1965

Daily Numbers
Range - 1939.75 -> 1960
Value - 1947.50 -> 1959.25
Globex - 1940-> 1944.75

Today - 1946-1948, 1936

Long Term- 1959.75, 1947.50, 1917.25, 1906.50, 1867.50, 1839.50, 1825.25, 1796

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following 5 users say Thank You to DionysusToast for this post:
 
  #308 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,490 since Nov 2010
Thanks: 752 given, 7,633 received
Forum Reputation: Legendary

26th July

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Yesterday we said "We could pop up to 46-48 area off the pit session open - if we do pop up and it holds that should be a good shorting opportunity as sellers should step in to push it down."

We did stall at 46 and come off, then again at 48 but sellers really couldn't get any traction yesterday. My long term bias is still towards a range in the white box but possibly the high of the box should be 1960 - that won't be adjusted until we actually complete the range to the downside. So short term I'm neutral because we are now just above the white box/ the old breakout point of 47.50 and that puts us potentially back in a resistance becoming support situation which is more bullish. So again, I'm looking for this level to break down so we can get some momentum down to 17.25 and 06.50.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


This week we have been saying how a break of 46 should lead to a move down to 36 where the top of the lower distribution is from last week (the red line). We fell short of that level. Next time down, we are more likely to push through it to 20's but I'm still putting it as a line in the sand.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


We can see the first hour yesterday couldn't make it above 46. What is interesting is that we took a visit to the 46-48 area from above and now the Globex low is in that area too. So that's still a key area to me.

So shorts - below 46-48 with caution at 36. Longs above 47.50 ideally. In between, I'm not that keen.

Weekly Numbers
Range - 1937.50 -> 1960
Value 1943.75 -> 1955.25
S1 1932.25, R1 1965

Daily Numbers
Range - 1937.50 (globex) -> 1953.25
Value - 1944.75 -> 1951.25
Globex - 1947.25 -> 1950.75

Today - 1946-1948, 1936

Long Term- 1959.75, 1947.50, 1917.25, 1906.50, 1867.50, 1839.50, 1825.25, 1796

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following 7 users say Thank You to DionysusToast for this post:
 
  #309 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,490 since Nov 2010
Thanks: 752 given, 7,633 received
Forum Reputation: Legendary

27th July

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


We've spend most of the week rotating around the old high of 47.50. We have a potential range of 1936.25-1960 but I still think the larger range down to 1906.45 is in play.

It's the end of the month on Monday and we may just hang out up here till then and then start dropping back at the start of the next month.

This week, we'd been looking for support at 1936 and yesterday we hit 1936.25 before moving back up. Today I'll still be watching that area to see if we get support again. If not, then I think we'll grind to 20.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


The weekly profile doesn't tell us much - a well, evenly distributed week that'll tend to churn in the middle. Value is well defined.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


We did have a big drop and then a big push up yesterday but in perspective we really just extended the weeks range down a little. With this being Friday and not much high impact news, we could just see more rotation.

So I'm still expecting a breakdown to complete the larger range, this being the end of the month we may just hug the highs though. 36 is still interesting and a break of 36 would have me looking for 1920.

Of course being the end of the month there could be a 'window dressing' push up through the highs but that's down on my list of probabilities.

Weekly Numbers
Range - 1936.25 -> 1960
Value 1943.50 -> 1954.25
S1 1932.25, R1 1965

Daily Numbers
Range - 1936.25 -> 1951.50 (pit) / 1952.50 (globex)
Value - 1939-> 1947.50
Globex - 1944.25 -> 1948.25

Today - 1946-1948, 1936-1937.25

Long Term- 1959.75, 1947.50, 1917.25, 1906.50, 1867.50, 1839.50, 1825.25, 1796

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following 5 users say Thank You to DionysusToast for this post:
 
  #310 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,490 since Nov 2010
Thanks: 752 given, 7,633 received
Forum Reputation: Legendary


30th June

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last day of June. Sure felt like August....

On Friday we said

"It's the end of the month on Monday and we may just hang out up here till then and then start dropping back at the start of the next month. So I'm still expecting a breakdown to complete the larger range, this being the end of the month we may just hug the highs though. 36 is still interesting and a break of 36 would have me looking for 1920.

Of course being the end of the month there could be a 'window dressing' push up through the highs but that's down on my list of probabilities.
"

Where we are now 51.50 as at posting - it seems almost rude not to end the month on a little pop through the highs. Looking left, we've had a good churn around these prices, so a poke out above 1960 or below 1937.25, should bring a bit of volume.

Apart from that, nothing screaming out to me that is should go one way instead of the other right now but I would like to see low 1900s again.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last week was very evenly distributed and between 1954 and 1942, we have a high probability of churn. As we get to the areas it spent less time, we should loosen up a bit but don't get caught into thinking that faster action means it's going to pop the range. I'd want a fair amount of cushion in a trade that was relying expanding last weeks range. So buying 1960 in anticipation of a breakout is off the table for me. Buying 1957 in anticipation of a breakout would be a bit safer.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Friday was interesting, we stayed within the overnight range for most of the day, then just broke out in the last hour. We have stayed above that breakout point in todays Globex session so far. So keep an eye on 1949.75-1950 into the open of the pit session.

Weekly Numbers
Range - 1936.25 -> 1960
Value 1943.75 -> 1953.75
S1 1938.75, R1 1962.50

Daily Numbers
Range - 1942.75 (globex) / 1943.75 (pit) -> 1954
Value - 1945.50 -> 1949.50
Globex - 1950.75 -> 1953.75

Today - 1949.75-1950, 1936-1937.25

Long Term- 1959.75, 1947.50, 1917.25, 1906.50, 1867.50, 1839.50, 1825.25, 1796

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following 7 users say Thank You to DionysusToast for this post:

Reply



futures io > > > DTs Pre Market Prep

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Market Analysis w/Dave Forss @ IQFeed

Apr 25
 

Introducing iSystems with Stage 5 Trading

Apr 27

*NEW* FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

Prototyping Python Strategies (part 2) w/Ran Aroussi

Elite only

Ask Me Anything w/Raymond Deux @ NinjaTrader

May 3

An Afternoon with FIO member Softsoap

Elite only
 

Machine Learning & Data Mining Bias w/Kris Longmore @ Robot Wealth

Elite only

Brannigan Barrett (TBA)

Elite only

FIO member Gomi (TBA)

Elite only

FuturesTrader71 (TBA)

Elite only

EasyLanguage Programming w/Chris @ ABC Trading Group

Elite only

Portfolio Diversification w/Brendon Delate

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How To Forcast Market Condition Based On Pre Market & Overnight Session? SeanKozak Elite Automated Trading 2 February 23rd, 2013 11:18 AM
Which tool to decide to enter the market at a pre-defined area of interest? Nicolas11 Traders Hideout 2 September 2nd, 2012 12:37 PM
Pfizer Profit Slightly Beats, but Shares Fall Pre-Market Quick Summary News and Current Events 0 May 1st, 2012 08:00 AM
S&P pre market movers aquarian1 News and Current Events 0 January 3rd, 2012 08:08 AM
Consumers, Bond Yields Watched in Pre-Holiday Market Quick Summary News and Current Events 0 May 27th, 2011 12:40 AM


All times are GMT -4. The time now is 08:22 AM.

no new posts
Page generated 2017-04-25 in 0.20 seconds with 20 queries on phoenix via your IP 54.80.29.228