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ES trading technique


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#1 Insider

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Posted 24 May 2007 - 11:27 AM

My little secret....

I use to daytrade the ES with two time and sales. The first one shows only block trades (size over 100 lots) for the overall picture....the second one shows all trades (unfiltered)

You can understand better what the big boyz and small traders are doing near supports and resistances :D

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BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#2 Russ

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Posted 24 May 2007 - 11:48 AM

What program lets you see all this?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#3 Insider

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Posted 24 May 2007 - 11:48 AM

I changed the picture...the second time and sales has 10 lots filtered Insider
BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#4 Insider

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Posted 24 May 2007 - 12:02 PM

What program lets you see all this?


Sierra Chart has this feature.
You have to download and install this free tool from this website:

http://www.ftrader.de/

Another picture:

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Edited by Insider, 24 May 2007 - 12:05 PM.

BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#5 jjc

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Posted 24 May 2007 - 12:07 PM

I changed the picture...the second time and sales has 10 lots filtered

Insider

That is a great method. I picked it up also (Dr Brett!). I use Tradestation and it is a bit annoying in
that I can not export the time and sales data real time to my (home crafted) tools; can't trust it to
catch all of the data in a buffer. On my list is to change data venders...

#6 Insider

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Posted 24 May 2007 - 12:16 PM

For example right now we have a strong volume selling pressure, but prices hold supports

At this point you need to watch closely how volume join bid/ask if we break S2 to the upside



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Edited by Insider, 24 May 2007 - 12:17 PM.

BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#7 Insider

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Posted 24 May 2007 - 12:27 PM

I changed the picture...the second time and sales has 10 lots filtered

Insider

That is a great method. I picked it up also (Dr Brett!). I use Tradestation and it is a bit annoying in
that I can not export the time and sales data real time to my (home crafted) tools; can't trust it to
catch all of the data in a buffer. On my list is to change data venders...


You mean Brett Steenbarger, right?

Insider
BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200