Hey Everyone,
From now on, I will be blogging at teenagestocktraderjulian.blogspot.com.
Thanks everyone!!!
Julian
My name is Julian Marchese, I am 14 years of age, and I day trade the US and Eurex futures markets. This blog will be mostly a trading journal, where I post my entries and exits throughout the trading day. I will also post my thoughts on certain markets, my hypothesis' for the next trading day, and the occasional account performance.
Saturday, August 21, 2010
Monday, August 9, 2010
B/E On Oil Trade!
Hi Everyone,
Got out of oil trade as I noticed scenario 1) was coming into play BEFORE the breakout occured. That's an example of how ordeflow can save you a few ticks.
Julian
Got out of oil trade as I noticed scenario 1) was coming into play BEFORE the breakout occured. That's an example of how ordeflow can save you a few ticks.
Julian
Orderflow Divergence Short Example
Hey Everyone,
Taking a short in the oil because of less buying in the delta. This is a classic appearance and only 2 things could happen.
1) The large lot buyers have not stepped in yet, they are waiting for stops to get in long higher. That would be a resolution up, 30% chance of happening. If this is going to happen, you would see huge buying coming in on a swing high break.
2) Not many buyers are interested, which would mean a resolution to the downside with heavy selling volume. This has a 70% of happening.
Thanks and make a GREAT DAY!
Julian Marchese
Taking a short in the oil because of less buying in the delta. This is a classic appearance and only 2 things could happen.
1) The large lot buyers have not stepped in yet, they are waiting for stops to get in long higher. That would be a resolution up, 30% chance of happening. If this is going to happen, you would see huge buying coming in on a swing high break.
2) Not many buyers are interested, which would mean a resolution to the downside with heavy selling volume. This has a 70% of happening.
Thanks and make a GREAT DAY!
Julian Marchese
Saturday, August 7, 2010
Long Time Since Last Post!
Hi Everyone,
Been really busy over the summer so I had to take some time off from trading. In this post I'll just go over a few orderflow charts and my thoughts on them. As a reminder, orderflow should ONLY be used when the market is at a price extreme, NOT at any point in time. The software shown is market delta, and be looking out for a new video on orderflow on my youtube channel: http://www.youtube.com/user/julian062596
Oil:
ES:
Thanks and make a GREAT day!!!
Julian
Been really busy over the summer so I had to take some time off from trading. In this post I'll just go over a few orderflow charts and my thoughts on them. As a reminder, orderflow should ONLY be used when the market is at a price extreme, NOT at any point in time. The software shown is market delta, and be looking out for a new video on orderflow on my youtube channel: http://www.youtube.com/user/julian062596
Oil:
ES:
Thanks and make a GREAT day!!!
Julian
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