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) ..