Recent content by m_cat12

No gap trade today. Market trending nicely to the upside. Minimal retracements to the 23% line which, for me, are not enough to play. Although the 23% and a main pivot are showing confluence...

I've never seen that before. When the news broke, my stop was actually 'skipped over'. I use 3 tick charts (512, 1600, and 3200) and was looking at my 1600t.

Wow. Good call Ilir! My second target was gapped and I was stopped at 102.50. Very strong move to the downside.

1st entry 103.50 at 9:24EST. Filled at 9:40EST at 105.50. Second entry at 9:41EST at 105.75. Second target is going for 2 pts.

Good question(s). Seems like I got in my own way in this instance. Since I've been experimenting with the opening gap, I haven't been fully trusting my initial analysis. Mainly b/c my initial gap trades have not been adhering to my plotted s/r. I've been trading the gaps differently than my...

Originally thought that I'd sit out this one b/c of the fed IR hike, the CPI message, and the overnight drop and subsequent rise. Preopening looked bearish. Plus, I had a pivot and resistance that we had to get though to close the gap. I decided to take a position long at 9:41 EST at 103.75...

Well said. I will revisit my trade plan immediately. Thank you both. So this thread does not get derailed,...back to gap trading the ES.

Today's trade was fun. Entered premarket 9:09EST at 95. MACD, Stoch, and MA's were all pointing upwards so I decided to get in before the open. I also place PivotPoints on my chart from PivotFarm for S/R zones. Reached first target at 9:35EST at 98.25. Placed second trade at 9:36EST at 98.25 and...

Thought I'd send in my play today for comments, questions, etc. I am new to the opening gap play. Pre-market (9:06 EST)short at 99 with a 95.75 target which was filled at 9:42 EST. (question about premarket plays?) Tried second short at 95.75 but stopped at 96.75 (second profit target stop only...

Im using a 1 min and 5 min chart. I have the 200, 50 and 20 fast MA's overlapped. Then, I have a full stochastic, volume average, and MACD histogram. I also have the TICK and TRIN in the corner.

Hello everyone- I've been trading the S&P emini futures for a few months now and am having increasing success. Im still working on my indicator set and was wondering what everyone uses, specifically for the ES? Since its a very short term trade, many of the indicators are severely lagging and...