60 period stoch on the

    Posted by billrosen on 23rd of Jun 2009 at 01:33 pm

    60 period stoch on the SPX and NAS 15 minute charts have yet to break above 20

    Yes (need to see that

    Posted by dodgerdog on 23rd of Jun 2009 at 01:37 pm

    Yes (need to see that for a decent rally to unfold).  A break back below ES 889 would suggest that resistance held and point to lower prices ahead for the short term.

    ES broke down but only

    Posted by dodgerdog on 23rd of Jun 2009 at 02:06 pm

    ES broke down but only slightly and is now bouncing - watch 890-50-891.50 on ES which if cleared would again argue for the rally continuing higher.  ES bounced off the .618 support at 887.69 (.618 is measured from the move off today's lows to the recent highs).  Overall, very choppy so far after yesterday's trend day. 

    renko SPX 5 min would

    Posted by siewyin on 23rd of Jun 2009 at 02:15 pm

    renko SPX 5 min would have kept you in the long side of things. Renko is good for entries and stop loss placements

    ES is clearing short term

    Posted by dodgerdog on 23rd of Jun 2009 at 02:14 pm

    ES is clearing short term resistance and now may test the earlier resistance levels I posted 893.25-897.  There is additional resistance overhead as well - the move up is very choppy which suggests it is corrective (not impulsive). 

    Thank you Steve for the

    Posted by Peridot on 23rd of Jun 2009 at 01:45 pm

    Thank you Steve for the detailed guidance today.  Very helpful.  p.

    SRS ?

    Posted by ditch on 23rd of Jun 2009 at 01:51 pm

    Now back to a buy.....$21.70

    SRS ?

    Posted by ditch on 23rd of Jun 2009 at 02:02 pm

    and now off and running. $21.99

    SRS. ES on StrategyDesk?

    Posted by willwc on 23rd of Jun 2009 at 02:14 pm

    I got a SRS long entry of 21.96 with StrategyDesk

     

    Could someone with StrategyDesk show me how to pull up the ES chart?

    StrategyDesk

    Posted by rrflandy on 25th of Jun 2009 at 12:18 am

    TDAmeritrade only does stocks...they don't do futures; so StrategyDesk won't pull up the ES futures. How do you like StrategyDesk otherwise? I've been using NinjaTrader for charts and trades on TDA. When I tried StrategyDesk it seemed more difficult to use than NT, perhaps because I don't know it as well as NT. The other thing I noticed was the backtest results weren't quite as good as NT's. I didn't try to isolate the problem.

    Just an FYI,TD Ameritrade's rep

    Posted by shamutooth on 25th of Jun 2009 at 08:09 am

    Just an FYI,TD Ameritrade's rep told me they are learning new software currently,and should be offering futures the next month or 2 in conjunction with their Think or Swim acquisition.

    lol... they said that last

    Posted by gan_ on 25th of Jun 2009 at 08:12 am

    lol... they said that last yr too.

    I just signed up with

    Posted by shamutooth on 25th of Jun 2009 at 08:19 am

    I just signed up with them,and didn't realize they've been saying that for a while.Guess she may have been  blowin smoke up my azz:) I guess I don't really care,as I trade with Infinity/Transact and they do a nice job.

    My Strategy Desk SRS 15-minute

    Posted by darnelds on 23rd of Jun 2009 at 02:28 pm

    My Strategy Desk SRS 15-minute did not cross over to long side.  Still short from 21.60.

    SRS 15 min

    Posted by rreynolds on 23rd of Jun 2009 at 02:35 pm

    My SD has not shown a new signal all day. It touched a couple of times but no crossover.

    rreyolds, are you using EMAs

    Posted by darnelds on 23rd of Jun 2009 at 02:40 pm

    rreyolds, are you using EMAs (not SMAs)?

    EMA 9 39 with no

    Posted by rreynolds on 23rd of Jun 2009 at 02:41 pm

    EMA 9 39 with no offset

    I believe that you should

    Posted by twins on 23rd of Jun 2009 at 02:48 pm

    I believe that you should have had a whipsaw pair of trades at 1:45 and 2:00.  Mine did (I wish they didn't!).  Check that the market hours are correct.

    Bob

    At 1:45:2  I have 9

    Posted by rreynolds on 23rd of Jun 2009 at 02:53 pm

    At 1:45:2  I have 9 at 21.73 and 39 at 21.69 and at 2-2:15 I have 9 at 21.71 and 39 at 21.69. Regular market hours

    I don't have SD where

    Posted by twins on 23rd of Jun 2009 at 03:13 pm

    I don't have SD where I am now, but check one bar earlier (i.e. what you would call 1:30-1:45.

    SRS H & S

    Posted by darnelds on 23rd of Jun 2009 at 02:46 pm

    SRS 9-39 on 15-minute chart looks like a H & S if SRS holds below 22.

    another SRS whipsaw coming

    Posted by darnelds on 23rd of Jun 2009 at 03:40 pm

    another SRS whipsaw coming

    the 15 min system is

    Posted by Michael on 23rd of Jun 2009 at 03:44 pm

    the 15 min system is still long, not close to going short

    ES is the emini S&P

    Posted by bkout3 on 23rd of Jun 2009 at 02:23 pm

    ES is the emini S&P futures. I don't think SD gets that data. Might be able to Google for it

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!