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Interesting proposal. I'm not interested, but would be curious to hear how this works out. :) Also, agree with @maxinger. Surely you could find another market that suits your timezone? What's your favorite European index futures these days? Is the OMXS30 still attractive for trading? We...

Keep in mind there are people reading here who may be gullible enough to trust your advice. Do you really want to have that responsibility? People losing their money because you have a hunch?

Could be. Keep in mind that the COVID rally was fueled by unprecedented money printing, zero rate policy and helicopter money. Last year we started seeing the aftermath of that. And now, TINA is no longer the case. Money is no longer free and you can actually get interest on your money...

Could be. :) Just a word of warning to everyone reading here. I have no idea what tomorrow brings, but what I learned was enough that I’m not taking any longs overnight with wide stops.

My God, it's happening again. One big swing up and all everyone is thinking is how much higher... :) Greed and fear. Nothing new on Wall Street, eh? If we look at the last 16 FOMC days through 2022/2021 and consider only the biggies to the upside similar to today - there were actually a few...

I still feel like a Formula One driver trading the Open. :) If I were trading 1 MES it would be different, but with my leverage it's enough to keep me on the edge of my seat. Probably going to get your volatility later today. Oh. What's that. Looks like you just got some. :)

Yeah. Nailed it. :cool: + $250 pre-market and almost back to zero shortly prior to the Open on a greedy trade. - $175 on the first trade in RTH. + $500 on the next trade and ending the day up. Calling it a day here. The easy money is gone for the day, IMO. The rest of the day is too...

Treating this like any other day I have high chances of a gap fill at 4090 shortly after the Open. As always - price needs to confirm. Above 4090 could be a failure point for a potential reversal back in the range.

1st trading day of February today. 12 out of 17 (70 %) had a positive net change over the last 17 years. Only one biggie to the down side (-2.21 % in 2014). With FOMC today I'm not sure how relevant these are, but figured it was worth noting. Currently ES is trading mid-range (overnight)...

I may have misunderstood, but I interpreted you saying you didn't understand how it was possible to day trade on anything other than technical information. As such, I wanted to highlight how two or three traders in Jack's most recent book didn't use technical analysis as the base foundation for...

Could be. Certainly happened with me many times. I was bearish going into yesterday's RTH session, but was able to switch gears on the Open when the market proved my original hypothesis wrong. On Monday I was too late to recognize I was wrong. There's a fine line between conviction in what...

Could it be because you were expecting a sell-off / down day, today? And by the way - weren't you super bullish as late as last week?

Should have been content. :) Might be an Inside Day after all, then.

4080-84 wouldn't be a great surprise. Someone selling into this would be more surprising at this point. Slow grind higher.

Shorting is not allowed today. :) Wait for the Close at least if you think there's a sell coming overnight or tomorrow. In my humble view of course.

Or should one be greedy? 84?

The basis would be an experienced trader and the fact that price is patterned and not moving randomly. Think years of study, observation and practice.

Well of course. That much is obvious, isn't it? That's the entire point, though. Using a continuous chart - where do I draw the profile? Should I include today? With my prior week in RTH that's not an issue. Same chart. Different view.

Confidence level? Looks like higher to me. I have a sell limit at 75. :)

I would be content with 4075. Trying not to be greedy today.