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  1. formikatrading

    ES Journal - 2021/2022

    Nice bounce here.
  2. formikatrading

    ES Journal - 2021/2022

    So maybe it's possible to forecast the market after all. ;) Seriously, though. All good between us. We look at the market through a different lens. And keep in mind, my time frame is very different than yours as well.
  3. formikatrading

    Cathie Wood Says $1M Bitcoin (Again); Why She Might Be Right

    This is what no crypto enthusiast considers.
  4. formikatrading

    ES Journal - 2021/2022

    Time stops. Remember, I'm not day trading like some of you so position sizing and time come into play, not just price.
  5. formikatrading

    ES Journal - 2021/2022

    I don't know what will happen BUT I can determine the reward / risk. And just because there is upcoming news doesn't change that. In a nutshell, we went into the FOMC with weak momentum and ST overbought. I don't know the news but if it is fathomable, I can deal with that. The things I don't...
  6. formikatrading

    ES Journal - 2021/2022

    I traded SPXU and not the futures. But I understand your point, you have to have appropriate risk parameters in place and make sure your position size reflects that.
  7. formikatrading

    ES Journal - 2021/2022

    No one is bragging. Just saying it's possible to not care about the news and just trade your charts.
  8. formikatrading

    ES Journal - 2021/2022

  9. formikatrading

    ES Journal - 2021/2022

    ZOOM OUT! C'mon! Some of us are just looking for one good trade a day! ;)
  10. formikatrading

    ES Journal - 2021/2022

    Not if you have a bigger picture outlook. And then not looking at the screen after you put in your trade and walking away from the screen. Not all of us can have that laser focus on the short term and pivot on a dime with our trades like you! ;)
  11. formikatrading

    ES Journal - 2021/2022

    Honestly, the seq indicator was a "nice to have" but I had weak momentum all over the place.
  12. formikatrading

    ES Journal - 2021/2022

    Maybe it's just me, but I think the reward/risk for a short was fairly apparent:
  13. formikatrading

    ES Journal - 2021/2022

    Basically that the clues as to the market's direction were there. That taking a position before the release wasn't foolish if you just read the market momentum.
  14. formikatrading

    ES Journal - 2021/2022

    I tend to disagree, but that's OK. I think the market gives the clues -- you just can't let your biases and views get in the way. That's where I screwed up back in September.
  15. formikatrading

    ES Journal - 2021/2022

    What about if you didn't even know about the upcoming news and just traded your signals?
  16. formikatrading

    Bitcoin Will Worth $1 Million By This Date, Predicts Cathie Wood

    There are unintended consequences to bitcoin having success and some of those may ultimately put a ceiling on its price. Anyone predicting bitcoin to lofty levels is doing it in a vacuum. While bitcoin's supply may be fixed, the supply of blockchains and cryptos, as well as government...
  17. formikatrading

    3 lesser known Satoshi Nakamoto candidates

    I still stick to my combo of Craig Wright, Hal Finney, Dave Kleiman.
  18. formikatrading

    ES Journal - 2021/2022

    We definitely have some bullish seasonality here - not just referring to year end but this specific time period. Further, we had the “Go Bears” contrarian indicator signal a couple of days ago.
  19. formikatrading

    Is Oanda still a top FX broker?

    Fx is a an acquired taste -- but if you can get an edge, it can be a lucrative market to trade.
  20. formikatrading

    ES Journal - 2021/2022

    This is the level that @Buy1Sell2 pointed out. You have your line in the sand now if you're long.
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