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  1. L

    ES Journal - 2021/2022

    The last few FOMC statements have been rather un-eventful, but I have a hunch this one could elicit some action.
  2. L

    ES Journal - 2021/2022

    Glad I'm late to the party. Decided to not trade pre FOMC today, but will start scaling into a long in this area with my first entry on a buy stop above market. Not picking a bottom yet.
  3. L

    Midnight rally

    Actually, the prior FOMC days this year have been 'snoozers'. Nothing much happened. But I have a hunch this one might elicit some action as there's more uncertainty now. Scaling into a long here @ 20/25 for a pop. Still flat, but have a buy stop above market for my first entry.
  4. L

    London independent traders, why not relocate?

    I don't think that will help as in many places it's too late by now. Sweden is in many ways a lost case. I'm not against immigration or foreign aid, but I'm definitely against what I'll call uncontrolled immigration the third world. Relative to GDP Norway is among the best in the world on...
  5. L

    London independent traders, why not relocate?

    What I've noticed is that those who preach most about diversity and immigration often don't want to face the negative consequences of it themselves. The classical "as long as it's not my back yard" situation. I personally know a couple who relocated to a new neighborhood in their city for the...
  6. L

    Why Is The Obvious Not So Obvious?

    Well, tick-by-tick you're right, but broadly, most days are a repetition of a common theme...?
  7. L

    London independent traders, why not relocate?

    That's interesting. Specifics, please? I'm in Norway, but sadly, haven't explored too much of Northern Norway.
  8. L

    London independent traders, why not relocate?

    Racism how so? Is that's how it is in the US these days? Everything is racism?
  9. L

    Why Is The Obvious Not So Obvious?

    Both the wrong TIME and price? Yesterday's Close was strong and it's easy to join the crowd on the bull side forgetting that what comes up - must go down. At least with ES it's common that a strong day up is countered with either consolidation or a reversal down. But it's easy to become...
  10. L

    Why Is The Obvious Not So Obvious?

    What comes up - must come down? Is there a benefit to tilting your screen? Does it make you perceive the chart more neutrally or are you just making a point?
  11. L

    Why Is The Obvious Not So Obvious?

    I'm curious how it relates to trading and the obvious, though. Is it as simple as questioning authority and thinking for yourself? And how those in power don't want us to see the truth as they benefit from us being misled? If so, I assume it's just a side consideration for the thread. And I...
  12. L

    ES Journal - 2021/2022

    Nothing that haven't happened before, but we've definitely seen some of the less common day patterns lately, so I would agree that it's not easy to predict. The one consistency seems to be that dips are still getting bought. And what comes up - must go down.
  13. L

    ES Journal - 2021/2022

    Hard to say. I'm long from 40, but will probably look to scratch it below 30 and re-evaluate. We've had a lot of V days lately with sharp reversals later in the session. So far this is a weak pullback/consolidation in my book and we're only down 0,22 % so far on the day. 35 is a significant...
  14. L

    ES Journal - 2021/2022

    @Buy1Sell2 on holiday? Golfing at day time and showing up to buy the dip in the last hour or two? :) That's how it's done.
  15. L

    Why Is The Obvious Not So Obvious?

    Do you refer to religion as a way of controlling people and where the people in power abused religion to oppress people and also where the people subscribing to a religion mostly stopped thinking for themselves? I'm not sure I view religion as a whole as entirely bad. Certain religions or...
  16. L

    ES Journal - 2021/2022

    Only a 10 point pullback in RTH this far. :) But sure. This market is high on stimulus and very jumpy in case it's not getting more I suppose. Doesn't resemble prior smooth sailing bull markets which barely pulled back, so there definitely seems to be some fear and uncertainty in this market...
  17. L

    ES Journal - 2021/2022

    Probably. Question is if we'll sell off prior to tomorrow's meeting or if someone front-runs it. Fairly similar to yesterday's action so far.
  18. L

    Why Is The Obvious Not So Obvious?

    Time = $$$. Could be interpreted in many ways. For someone selling options - time certainly is money for obvious reasons. For a day trader - timing is certainly essential, whether this relates to specific times of the day or merely the timing aspect in general. For a buy-and-hold investor...
  19. L

    ES Journal - 2021/2022

    My conservative assumption is we'll print 4300 this week. So I'll just consider any dip as a good buying opportunity. If it's to be an easy bullish week without any wild gyrations - we shouldn't trade below 4220 this week. But you never know for sure. And this market is a bit jumpy lately.
  20. L

    ES Journal - 2021/2022

    4235/40 should (could) be good support here, IMO.
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