Trading Stock Indexes

[2be]

S&P and DOW close levels from the last session
there might be a small difference of several pips of these closes due to a particular platform feed and MM do.
Also the spread between the cash and quarterly futures has grown, 19th June expiration date for these particular futures

 

[2be]

will short DOW from yesterday close, especially if here is divergence
That same applies to the D pivot
So far some scalps on DOW, observing crude and USD index and DOW IT companies, apple has been negative, alphabet and Boeing too.
Looks like a D pivot might be reached B4 any move down, maybe even the gap LSC (Last Sessioon Close) will be close So far a PA stayed within a range, so D Pivot is likely

 

[2be]

shorting DOW from the D Pivot at 26085
Not a clear div, but..
In ranging day D Pivot is worth considering

After a few min brought it to BE , will take 50 pips profit, but will see pA asp crude adn techs

moved stop to protect 20 pips

 

[2be]

50 pips taken from DOW

 

[2be]

shorting DOW from the D Pivot at 26085
Not a clear div, but..
In ranging day D Pivot is worth considering

After a few min brought it to BE , will take 50 pips profit, but will see pA asp crude adn techs

moved stop to protect 20 pips

repeated that trade from D Pivot
will bring it to BE soon
Would like a clear divergence
we shall see

 

[2be]

repeated that trade from D Pivot
will bring it to BE soon
Would like a clear divergence
we shall see

taken 25 pips
need a coffee break - scalping needs closed attention
will go short from above the pivot if there is a negative div,

 

[2be]

poss div is coming
at last!!!

 

[2be]

YES ought it well!!!
in profits within seconds
not a huge div, but in the region of D Piv

 

[2be]

got short again from above the pivot with added positions

Protecting S, will take 50 + pips profit

 

[2be]

taken 30 + pips
mS1 D Pivot looks like bouncing poss back to the D pivot, so..

it was a lager position, bounce of MA 200,
and the gap has not been filled so played is safely, ... possibly safely

so far good pips today, looks more and more like a ranging day on DOW

 

[4xis2ez]

Short Sp500 now a few hours ago. Not the best entry, but it is declining now on 5 minute chart.

 

[2be]

just over 3 hrs trading, poss last short is coming of the pivot
third touch since the session L
so short

At BE just in case - crude in a tight range for last 2 hrs

 

[4xis2ez]

Reversed to go long sp500. Bullish divergence on macd on 15 min. chart

 

[4xis2ez]

15 minute sp500

 

[2be]

taken 20 + pips on DOW

 

[2be]

15 minute sp500

View attachment 263805

I am ready for a coffee break, so far in a tight range, I am not too sure about anything

Gap not closed yet. crude in positive territory,
divergence looks good, I prefer volume candles for div hunting, ( on a larger TF it is often the 3rd div creating a triangle ) that is very powerful
So is hidden divergence, when I spot it

 

[4xis2ez]

Finished day with minor profit. I don't think those hourly cycles are very good.

 

[2be]

Finished day with minor profit. I don't think those hourly cycles are very good.

I find cycles on intraday very difficult.
Still remember that H4 attempts on cable many years ago which you have posted on other forum.
I have studied your postings and tried to get some utility and cycle solution, but found it frustrating.
That was when cable had good volatility!!!
I am not tempted to enter any trade atm.
The day proved to be ok, some reasonable pips netted, taking into account ranging day on indices.

Wishing you a nice weekend,

2be

 

[4xis2ez]

Here is cycle analysis for the next 30 days. Looking for up move for next week as a general bias.

 

[4xis2ez]

Now it rallies after I quit for the day!