es, spy, day trading for Aug 9th

9 ส.ค. 2019

over night action is very contained with no real directional push right at the prior days highs so remaining above 2910 I would have to think we move higher, so my leaning for trades will be mostly long. The range is big all the way to 2940 so there is lots of room for good shorts inside my long bias. the opening action will help me find the trades for the day, These trade ideas as they come will be talked about in my live trading room.
Trading concepts I use
I start each day with 3 primary ideas 1 long, 1 short, and 1 neutral. they are all based on how the market acts after the RTH session gets going. I try in my notes each day to describe the bases of each of the 3 trade ideas. If the concept is not clear please feel free to ask me questions.

9 ส.ค. 2019

การซื้อขายยังคงดำเนินอยู่

was busy trading and dealing with a pc issue, so posting now might be late, After open and after the little attempt to get higher the market drop nicely and fired off my algo short. we then pulled a good distance below the vwap, and mid point on the day. This set up a short for any retrace back to the mid point, So as soon as we hit vwap/mid I hit a short 2925 for 10 point short trade. After we moved below vwap and stayed below my bias completely changed to lean strong on the short side for today unless we can get back above 2920. hope this helps. will copy this to main thread.

9 ส.ค. 2019

การซื้อขายยังคงดำเนินอยู่

2900 is critical juncture to see if the down side has more today.