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  1. momoNY

    Thinking out loud.

    Frankly, I am a believer that everything is included in the charts, including Trump's mythomania... but maybe the charts themselves are becoming mythoman, who knows.
  2. momoNY

    Thinking out loud.

    Lol! It is a weary f**ing environment indeed!. Seriously, the 15 minute chart is definitely down, the 1 hour is screaming down, but the 4 hours is saying this is a pullback and the low will hold and the daily is saying the same! I don't freaking know which one to believe. My model tells me we...
  3. momoNY

    Thinking out loud.

    I think I am wrong (my model is wrong). We closed below 2467, so it has more chances to go down. But we still need a bigger retracement than this!!
  4. momoNY

    Thinking out loud.

    I don't get what you mean. I was wrong about the inside day thing; too optimistic. But the market will go higher. I think the bottom of this little retracement is in. The funny thing, you may be right 8 times in a row, and no body notice it, but everyone will notice the one time when you were...
  5. momoNY

    NQ, seriously?

    For swing traders it matters a lot; if an index behaves just like another stock then what's it's purpose? It becomes as risky as a stock when holding positions overnight.
  6. momoNY

    Thinking out loud.

    I am weary indeed! There are only two days left in the week not three. I continue to believe that we will go a little bit higher (despite AAPL guidance). The short term trend is still up, but AAPL does not help at all. I think today's low will hold and tomorrow is very likely to be an inside...
  7. momoNY

    Thinking out loud.

    The first scenario did not happen, which was obvious from the start of the day and the second scenario was short by less than 1 point!! This bounce is weak, I don't think we will go higher than 1575 before we go test the lows (may be break them) and come back to new highs. Tomorrow should be an...
  8. momoNY

    ES Journal - 2017/2018

    2 points per Trade, that's great. Congrats. What's the biggest win and biggest loss? Thank you.
  9. momoNY

    question about getting data from yahoo finance

    Yahoo finance historical data is sometimes buggy and inaccurate; you have to edit the files and make some changes or write code to make those changes or at least to locate them. Example of days where the high is same as close, open and low. Or a drop/increase in price of more than 20% in a day...
  10. momoNY

    Best way to learn very basic programming to apply in real retail trading

    If your strategies are that simple, then learn how to use strategy wizards or proper language of the platform you are using, but then, make sure you will not change platform any time soon.
  11. momoNY

    Thinking out loud.

    The expected dip did not happen, and the price traded in the expected range for the whole day. Wednesday is a very difficult day to guess, but it will certainly be a big range day and my bias is to the upside. If we get a strong day to the upside (not an outside bar), then expect the market to...
  12. momoNY

    Thinking out loud.

    Thinking a bit about tomorrow's action: It looks like it will spend most of the morning churning between 2475 and 2510 without breaking Friday's high, then dip to come back to close off the lows.
  13. momoNY

    Thinking out loud.

    I am weary! I was talking about Monday and first trading day of January, as you may have guessed; I need some sleep. I am developing an automated trading system using JavaFX and it's killing me; it will take probably more than two years to complete.
  14. momoNY

    Thinking out loud.

    My bad! I did not check the calendar, I thought markets close at 1pm the day before big holidays including January 1st :-) I am wrong. Well then, I am lost!! It is very likely that tomorrow will be a down day (window dressing I think) not a big down day though (it will form a support on a 4...
  15. momoNY

    Thinking out loud.

    Actually, there were more than 30 points to the upside, but we closed well below 2505 which is expected, after all we are in a bear market! Monday is the last trading day of the month and year, and will be a short trading day. Usually, these days tend to be up days, but I doubt it to close...
  16. momoNY

    Thinking out loud.

    Looks like the repeat of yesterday is in the works. I would be very surprised if the low at 2474 is broken (close below on 5minutes chart); It would be a good long trade (I am not a day trader, but...) when it gets close to that support and risk very little, for 15-25 points to the upside...
  17. momoNY

    Thinking out loud.

    I don't see where the hindsight is, you are mixing two different calls there to make it sound what you wanted it to sound??!! I have nothing to prove, but to gain confidence in my market reading. I donlt expect to be right all the time, if I am right 2/3 of the time I am the best market reader...
  18. momoNY

    Thinking out loud.

    Nailed it to the minute!!
  19. momoNY

    Thinking out loud.

    If the sp500 closes above 2505, then we will have a move to the upside; we will very likely have two waves to the upside on the daily chart, before we tank really hard. If that happens, we will likely (depending on he weekly action) break 2685 shortly (a hunt for stops) then go down very hard...
  20. momoNY

    Thinking out loud.

    You spoke too soon, didn't you?
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