VWAP is a great indicator that should be available with most of the trading platforms. VWAP or volume weight average price is weight provides average value of trading instrument based on both price and volume. How I use VWAP in trading: VWAP the average itself, I believe it is highly monitored level so I look…
Category: ES – SP500 Emini
SP500 futures – ES mini analysis
Multiple Structure Fixes
Weird day today, NQ down 80 with ES up 15, some year start weirdness. Considering the super tech names account for most of the rally, wise to take cues from them. In Graphic below can also see internals deteriorating. With NQ driving lower ES put in some weak structure in place, several opportunities to short…
ESEC Futures Analysis on Twitter
Hey Traders, I will still post some daily and bigger picture analysis on the main part of the blog and Twitter. I have described 90% of my trading and analysis on Order Flow and Price Action page. I will keep adding examples and particular setups as they develop. Twitter @esecfutures will mostly act as an…
Dec 31, SP500 Internal Divergence and Flows Review
Good Morning Traders, another case study for putting it all together of the Order Flow and Price action trading. ES trading down on the day slightly, but internals are closer to a trend day up than they are do neutral. Internals were driving up, however there was a problem, low was weak, there was 3x…
Dec 29, Perfect Order Flow Clue Review
Hey traders, welcome to Dec 29, 21 review and overview of order flow and price action concepts discussed in core piece on trading strategy. The quote from the piece, so at the open waited for some order flow events at volume profile level, templating previous day and composite profile. Things got really noisy at 70×72…
SP500 Food for bears Review
Hey Traders, few interesting thigns worth noting on the dailys after todays session: – Trades above previous rally highs on 2 consecutive days and failed to close above– Today’s candle closed below the low of the high candle (say that 5 times fast), thus triggering a sell on the daily’s. Here are some levels to…
ES Update & Review
Hourly chart is rather self explanatory, will be watching following trendlines and fibs, key levels are highlighted: Break of the lows and the lowest highlighted area on the hourly also lines up with a fib from july lows on the daily: Also note a boji daily candle ( obviously, its a term for backtest Doji…
Precious, X-King and SP
Hey Traders, Dollar put in some new lows today coming within a dime of the bottom of the channel posted in last night’s update. Here are short term levels to watch to possibly start building bullish case: Both short dollar and long gold trades seem overcrowded, but not sure if its wise to chase either…
ES / SP500 Update
Hey Traders, unfortunately there are not many clues from Mr Market these days, will have to be watching Dollar closely as well as see what happens with all the news this week. ES/SP500 continues to be in the wedge, with top of the wedge resistance being about the only thing I see in the way…
Num6ers 9am3
This is coming to you live from random thoughts / we’ve seen stranger things happen department … – 666 on 3-6-9 was the low of the current bear market– July low was put in almost exactly at 12:34:56 on 7-8-9 Tomorrow is 9-9-9 (6 months from the low) … with BO giving a speech on…