Recent content by eyedy

if ES moves sideways or slight upward for the rest of the year, then I think I am done buying dips for this trump rally. Next January is too risky to buy the dips considering the rally is two months old. I made 3 trades since Nov, one breakeven two profitable. Plan is to make 5 or 6 more...

now that all three eminis touched all time high, it's time for a meaningful pullback. trump rally is not over, but every rally should have a selloff that causes maximum confusion among traders. at what price point will this selloff stop? I have no idea. but it should last at least 3 days. if...

I left a lot of money on the table by selling on Dec 7th. I admit it. but that kind of upthrust doesn't come by that often, and it is usually a good move to collect cash. I don't see any sign of market top yet. There was only one ES retracement in this trump rally so far, and it was about 27...

I wouldn't trade until Fed meeting unless market corrects significantly. time to relax.

Bank of Japan policy meeting on Dec 20th. They are one of the major emini futures buyer on CME. This could fuel santa rally into the year end.

are you masochistic?

maybe I should pretend I trade with 50K account. That will make a lot of delusional trader wannabes like algofy more excited.

piggyback on my trades with your 10K account. You'd have made $3400, 34% in a little over one month.

go for it. start your own journal shooting for 30% I will be a first subscriber.

NQ is now within a striking distance from the previous high. so I am inclined to think that NQ will print at least new high before this trend halts.

if we include that overnight low, then trump rally's high would be 2240 area. That's where we are now. let's see how it ends today!

right. I usually don't count overnight session. That was a really crazy and significant move though.

I never thought market would explode to the upside like it did yesterday before the Fed meeting. now that I am flat, time to think about where this uptrend will halt. let's first calculate Brexit rally low to high range. June 27th low = 1972.25 Aug 23rd high = 2184.25 range = 212 ES points...

He bought stocks and ETFs not futures. The point is he was simply lucky yet he made a lot of money because he was investing long term. 200k is an account size. so for example, 400K account, I am selling 2 ES contracts. I just wanted to record my trades and my thought process real time here...

** position update ** sold one ES @ 2237.50 per 200K Realized P&L= + $2300/ 200K Cumul P&L= + $2250 / 100K (+2.25%) that was beautiful.:)