Pat494
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S&P 500 & other indexes - intraday. Plus chat
- Thread starter robster970
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robster970
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re: S&P 500 & other indexes - intraday. Plus chat
Right, am done for today. Will post up trade in a minute.
Right, am done for today. Will post up trade in a minute.
robster970
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re: S&P 500 & other indexes - intraday. Plus chat
a. ONH 1351, ONL 1335.75
b. Gap close at 1351
c. Buying shelf at 1336.75 from overnight market
d. OAOR to downside, 345k CBAVOL, well out of balance.
e. Looking for a quick test of the buying shelf
f. Got it, long market order 1337.00 @ 14:31GMT (1)
g. There she goes, seems to be stalling around 39.00 - this is interesting, wasn't expecting this.
h. Out market order at 1338.50 @ 14:33GMT (2)
i. 6 ticks profit before commissions
j. MAE 2 ticks, MFE 14 ticks, exit efficiency 43%
k. Entry and exit a little sloppy today but still a nice start to the week.
l. Today's opera Jessonda by Louis Spohr, one of my favourites
m. Today's coffee was a latte with 2 shots
n. Best trade, this one although entry and exit could have been a little tighter.
a. ONH 1351, ONL 1335.75
b. Gap close at 1351
c. Buying shelf at 1336.75 from overnight market
d. OAOR to downside, 345k CBAVOL, well out of balance.
e. Looking for a quick test of the buying shelf
f. Got it, long market order 1337.00 @ 14:31GMT (1)
g. There she goes, seems to be stalling around 39.00 - this is interesting, wasn't expecting this.
h. Out market order at 1338.50 @ 14:33GMT (2)
i. 6 ticks profit before commissions
j. MAE 2 ticks, MFE 14 ticks, exit efficiency 43%
k. Entry and exit a little sloppy today but still a nice start to the week.
l. Today's opera Jessonda by Louis Spohr, one of my favourites
m. Today's coffee was a latte with 2 shots
n. Best trade, this one although entry and exit could have been a little tighter.
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Pat494
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re: S&P 500 & other indexes - intraday. Plus chat
Some have it easy !
Nearly called you Rooster by mistake
2 shots of what in the latte ?
sounds good
Some have it easy !
Nearly called you Rooster by mistake
2 shots of what in the latte ?
sounds good
robster970
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re: S&P 500 & other indexes - intraday. Plus chat
It's all in the pre-market prep. I think I mentioned on here that ES tips it's hand early on some days
Oddly if 'The Leopard' is now 'The Leonard' then there is no reason why I shouldn't be referred to as Rooster.....
Some have it easy !
Nearly called you Rooster by mistake
2 shots of what in the latte ?
sounds good
It's all in the pre-market prep. I think I mentioned on here that ES tips it's hand early on some days
Oddly if 'The Leopard' is now 'The Leonard' then there is no reason why I shouldn't be referred to as Rooster.....
robster970
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re: Intra day S&P 500
Trades and other ramblings now posted on Pat's intraday thread in general chat
Trades and other ramblings now posted on Pat's intraday thread in general chat
Pat494
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hwsteele
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re: S&P 500 & other indexes - intraday. Plus chat
Sorry for showing up so late today.
Not like I have contributed much thus far, but...:whistling
I didn't think I would be this much hung over from a simple Mothers day.
Do you guys even do that over there? Any way I should have posted my SPX intra day cycle times BEFORE the market opened.
Here are todays times
A-8:45
A-10:50
A-11:45
C-12:40
C-1:05
C-1:20
A-1:50
B-2:40
These are again in central standard time so what ever changes you need to make.
The letter that come before the time rate the relative strength of the cycle affecting the market at that time. This is something I should have done with Fridays as most of the cycles were the lowest (C) strength and as you can see not much happened.
A-Strongest
B-Weak
C-Weakest
Just to let you know these cycles are calculated on the five minute charts so they are little swings. They may line up with the big swings for the day but those are not the cycles being worked with.
I used the smallest (I am pulling together my longer term SPX cycle info using hour charts) cycles that I used to work with because it seems to me you go for the littler swings more than not Pat.
Once the little ones are out of school for the summer (In three more weeks) I will have much more early morning time to trade. i.e. 7:00-9:00AM my time. So when that happens I will be able to post some SPX paper trade "live".
Sorry for showing up so late today.
Not like I have contributed much thus far, but...:whistling
I didn't think I would be this much hung over from a simple Mothers day.
Do you guys even do that over there? Any way I should have posted my SPX intra day cycle times BEFORE the market opened.
Here are todays times
A-8:45
A-10:50
A-11:45
C-12:40
C-1:05
C-1:20
A-1:50
B-2:40
These are again in central standard time so what ever changes you need to make.
The letter that come before the time rate the relative strength of the cycle affecting the market at that time. This is something I should have done with Fridays as most of the cycles were the lowest (C) strength and as you can see not much happened.
A-Strongest
B-Weak
C-Weakest
Just to let you know these cycles are calculated on the five minute charts so they are little swings. They may line up with the big swings for the day but those are not the cycles being worked with.
I used the smallest (I am pulling together my longer term SPX cycle info using hour charts) cycles that I used to work with because it seems to me you go for the littler swings more than not Pat.
Once the little ones are out of school for the summer (In three more weeks) I will have much more early morning time to trade. i.e. 7:00-9:00AM my time. So when that happens I will be able to post some SPX paper trade "live".
Pat494
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re: S&P 500 & other indexes - intraday. Plus chat
I do go with a short t/f
I have plotted your times for today. Ummm nothing springs to mind. :|
Sorry for showing up so late today.
Not like I have contributed much thus far, but...:whistling
I didn't think I would be this much hung over from a simple Mothers day.
Do you guys even do that over there? Any way I should have posted my SPX intra day cycle times BEFORE the market opened.
Here are todays times
A-8:45
A-10:50
A-11:45
C-12:40
C-1:05
C-1:20
A-1:50
B-2:40
These are again in central standard time so what ever changes you need to make.
The letter that come before the time rate the relative strength of the cycle affecting the market at that time. This is something I should have done with Fridays as most of the cycles were the lowest (C) strength and as you can see not much happened.
A-Strongest
B-Weak
C-Weakest
Just to let you know these cycles are calculated on the five minute charts so they are little swings. They may line up with the big swings for the day but those are not the cycles being worked with.
I used the smallest (I am pulling together my longer term SPX cycle info using hour charts) cycles that I used to work with because it seems to me you go for the littler swings more than not Pat.
Once the little ones are out of school for the summer (In three more weeks) I will have much more early morning time to trade. i.e. 7:00-9:00AM my time. So when that happens I will be able to post some SPX paper trade "live".
I do go with a short t/f
I have plotted your times for today. Ummm nothing springs to mind. :|
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hwsteele
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re: S&P 500 & other indexes - intraday. Plus chat
Here are the times for Tuesday:
A-8:45
A-10:55
A-11:40
A-11:50
A-1:50
Like I said these are the smallest cycles that I calculated. They work with cycles that tend to move the market about 2 points.
The hour chart cycles that I worked with tend to move the market ten points or so. The issue with them comes from the fact that they are accurate to 1 bar so the hour pointed to might begin with the market change or end with it.
This is why being able to read price is important.
The last thing to look at is the fact that the cycles simply time a market change which is not always going to be a turn. It might time when the market goes sideways, or ends a sideways movement.
The next hourly shows up about 1PM my time on Tuesday.
Here are the times for Tuesday:
A-8:45
A-10:55
A-11:40
A-11:50
A-1:50
Like I said these are the smallest cycles that I calculated. They work with cycles that tend to move the market about 2 points.
The hour chart cycles that I worked with tend to move the market ten points or so. The issue with them comes from the fact that they are accurate to 1 bar so the hour pointed to might begin with the market change or end with it.
This is why being able to read price is important.
The last thing to look at is the fact that the cycles simply time a market change which is not always going to be a turn. It might time when the market goes sideways, or ends a sideways movement.
The next hourly shows up about 1PM my time on Tuesday.
Pat494
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WinAtTrading
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re: S&P 500 & other indexes - intraday. Plus chat
I'm based in London, and trade the opening range after the US markets open. After the first 30 minutes, and only for the first 2 hours before lunch. Its been profitable for me, and giving me around 20% return on my account per month. Plus I dont need to keep trades over night which I have found very risky.
Somesh
I'm based in London, and trade the opening range after the US markets open. After the first 30 minutes, and only for the first 2 hours before lunch. Its been profitable for me, and giving me around 20% return on my account per month. Plus I dont need to keep trades over night which I have found very risky.
Somesh
Pat494
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