Monday, December 21, 2009

Tick sentiment Dec 21st..

-Closing swing long @ 1110, held from friday @ 1090.
- Done for the week..

Merry Xmas everyone...

Tally:
+20 Es points ($1000 per contract)

Friday, December 18, 2009

















- took out short,
- falling wedge formation taking place, Bullish it seems..
- Tick has remained quiet for the day.

conclusion:
- Long from 1090.75, stop now @1092
- target gap fill area from 2 days ago @1105

Tally:
+10 ES points( $500/contract)

Tuesday, December 15, 2009













- Initiated a short with the break of rising wedge..
- a break of S1 support will initiate a nice correction..
- today's lows taken out, so Lower Lows setting up..
- Eur/usd strength now up 500 pips on the week, that's huge, and looks like it could initiate a stock market correction.

conclusion:
- short @ 1105 , 2 point stop...
- target 1 - s1 @ 1101
- target 2 - s2 @ 1093..

Tally:
+4 ES pts( $200/contract)

notes:
- Tick was strangely caught in a range, even with the last hour drop. It seemed to signaled a low participation in the decline , that was confirmed by the pop back into the 1105 area:


Monday, December 14, 2009













- today's day trade, was tick fade @ 1110 highs, supported by a divergence in stochiatics.
-closed position at the Vwap and 50 ema, 1107.5

Tally:
+2.5 Es points ( $125/contract)

PM:
- flipped to go long at the Vwap @ 1107, price meandered in tight range for rest of day. I was hoping for a breakout of the range..

Tally:
+2 ES points ( $100/contract)

Friday, December 11, 2009




















- Dollar strengthened again,but markets didn't budge.
- so i looked for any extreme down ticks to fade..

conclusion:
AM
- long @1097 to fade..
- taking profits now @1101.

Tally:
+4 ES points( $200/contract)

PM:
- fading resistance and extreme tick, this time short @1100.75, stops @1102
- target 1098..
- Out.. scratch trade..



Thursday, December 10, 2009













- I decided to fade an +1000 tick. Still not comfortable with a long given dollar strength and gold weakness.
- This is a day trade, overall picture boards well with longs..

conclusion:
AM
- short resistance @1100, stop highs 1102
- target 1095 area, previous close

Tally:
+ 3 ES pts($150 per contract) profit @ 1096.5,

PM:
- long @1097 ,stops @ 1095
- target 1105, if we can break resitance 1100 (swing)
- closed out, failure of 1100..

Tally:
0 es pts

Wednesday, December 9, 2009

$tick sentiment dec 9th













- Yesterday's lows held successfully. Notice the lack of agressive selling.
- Notice the aggressive buying with today's price drop.

conclusion:
- took some heat in Am, managed to re-enter again @1087 .
- Been a very tight ranged week, anything might happen here.
- closing position to average out. Not comfortable with dollar strength..

Tally:
- 0 ES points

Tuesday, December 8, 2009

Emini $Tick pressure Dec 4th













- Tick pressure to downside not aggressive enough, it seems sell volume is low.
- Notice morning sell of with red extreme tick was faded aggressively..
- dollar strength could be holding markets down.

conclusion:
- if it holds S2, right here and/or get an extreme down tick, look to fade.
- targeting the gap fill area of 1104..

Monday, December 7, 2009













-potential long if we can clear 1107.5 pivot..
- gold week, dollar strong, not ideal conditions for a long,but markets are resilient.

conclusion:
- going long @1106.5 with a tight stop @ 1105 todays lows.
- first Target resistance @1119..

Tally:
- 0 ES points

Friday, December 4, 2009













- Still FLAT, markets in a range overall, no breakouts or breakdowns..
- Tick pressure to the downside this morning intense. Let's see if they start to fade for a long

conclusion:
- looking to go long here, after morning gap filled. Waiting for a price to reveal some type of a base..

Thursday, December 3, 2009

Tick pressure Dec 3




















- jobs data will move this thing big it seems.
- playing capital preservation here with indecisive market
- stopped out in overnite..

conclusion:
- FLAT
- however, longs still in play.

Wednesday, December 2, 2009

Tick Pressure Dec 2..













- Seems 1112.25 did not hold on 1st attempt. Aggressive tick fade at the top
- Looks like they're not comfortable up there..

conclusion:
- looks like we're setting up for a short probably to the gap from yesterday @1096
- Im looking to fade any aggressive ticks, that might set up a LH.

Tally:
-2 ES points (-$200 per contract)

Tuesday, December 1, 2009













-Looks like a hive today, gap's been closed and trading above s2.
- Tick pressure to the upside strong with descent volume.
- Moved my stop to today's lows @1104.

conclusion:
- staying long but tightening stops, looking for blowoff through the tops of 1112.25.. I think we're overbought, i care less. The stops talk for me.
- alternatively take profits all together.

Tally:
+21 ES points ($1050 per contract)

Monday, November 30, 2009

Tick pressure Nov 30













- Got stopped out friday @ Brkeven on second lot, that's what stops are for; the unknown.
- Looks like we're shaping up for another long to fade the extreme tick pressure..
- Looks like we have a HL from friday's drop.

conclusion:
- Going long here @1086 stops @1084
- Target 1111 area if we can clear 1090 pivot. This also happens to be the gap fill from friday.

Wednesday, November 25, 2009













- Took partial profit,
- Put my stops at break even @ 1101.

conclusion:
- Low volume day, but buyer tick pressure still on. As long as the extreme green pressure ticks are not faded with any meaningful volume, I'm staying long..
- Target 1113 still achievable at some point in the future.

Tally:
+7 ES points ($350 per contract)

Tuesday, November 24, 2009




















- Looking for a long here..
- Gap seems kinda filled..
-Selling pressure contained...
- yesterday's re-entry was stopped out, small loss

conclusion:
- getting long here @1100 with a stop @ lows,target 1114 area
- hopefully a LH forming..

Tally:
-2 ES points (-100 per contract)

Monday, November 23, 2009

Tick pressure EOD 23rd




















- played a Fade, bought back 1 contract at R1 which is now support @1101 (stop just below support), hoping 1100 keeps holding .
- Selling met by buying at the red tick pressure points..

conclusion:
- buyers have the edge. Holding long

Tick Pressure Mon 23rd




















- Pleasant surprise, Target achieved and superseeded.
- Holding long, hopefully will shaked out previous highs 1112.25

conclusion:
- Peel off some here, or take profit entirely or tighten stop (below friday's resistance @1105 a good place).
- watching tick pressure to see who wins the tag of war toward s EOD..
- The gap at some point will fill. Keep that in mind.

Tally:
+25 ES points ( $1250/contract)

Friday, November 20, 2009

Tick Pressure nov 20th

















- Selling did not following through, denoted by fewer extreme tick reading (red dots).
- Yesterdays lows are holding..

conclusion:
- faded long @1087, stops below support 1084. Will move to Break even at close.
- Target 1098 area .

Thursday, November 19, 2009

Tick Pressure nov19th


















-Volatility killing the setups. Stopped out at break even overnight.
-I don't see a direction here, i still think bulls have an edge given extreme selling pressure never followed through.

conclusion:
- played a fade, went long @1088, closed position 1093.
- staying flat, for now. Waiting to see if todays lows will break with volume.

Tally:
+5 ES points ( $250/contract)

Wednesday, November 18, 2009

Tick pressure nov 18th

















- No extreme selling anywhere,
- so pivot buying for a long, at support.

conclusion:
- still long
- bought S1 pivot (long @ ll00 target 1114 ( r2), stops @ brk even

Tuesday, November 17, 2009

Tick presssure Nov 17th

















Current look at where the bulls took control ..
- Good extreme ticks readings to negate the down ticks occured on Friday last hour.
- bulls have the edge now as long as the extreme ticks readings persist.

conclusion..
- Got stopped out @ breakeven..
- buy any extreme down ticks.
- stay long, as long as the green outpace red readings

Tally:
0 ES points

Friday, November 13, 2009

Tick pressure sentiment nov 13th..


















Took another fade1094 with an extreme tick, given an overall picture of selling pressure

conclusion:
- addded to Short @1094 (stop now at the lower high or breakeven 1096) on both contracts.
- depending on monday action i plan to move stop down to the Pivot @1090 Targeting support @ 1079.

Tick pressure sentiment nov 12th..


















Notice the selling pressure points this week( -1000 tick readings ,marked in red)).. Marks a turning point.
For a swing trade, I'd stay short until buy pressure points( +1000 tick readings marked in green) begin to appear and out pace down ticks.

Conclusion:
- seller have control.
- I sold short at the green up-tick extreme (@1095, stop 1100) ..