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I tried to take a quick look in my DB, but the sample size for this type of week (huge gap down and rally into week end) is very small, so cautious against reading too much into it. However, the last few times ES had a week which hit 10 % down (+/- 2 %) and rallied into week end, the next week...

My take is that the market have certain key levels it likes to take out every single day. I try to do my best to capture the ride towards one of those, i.e., the move from A to B. However, after that is done, the market gets more random with a lot of choppy moves and random flow. The last hour...

Just eyeballing it to be honest. And the market tends to be attracted to round numbers. Just like us guys being attracted to hot chicks. :)

There's a bias for a green weekly close on ES today. That's > 5376. I wonder where this leaves us for next week. SPX hit the 10 % down level common on corrections. Was this it? Or is it just a bear market rally?

5400 looks possible for the ultimate death stab of any remaining bears.

Yes. But if I were trading, I'd say this looks bullish as long as 55 holds here. Bears got rekt yesterday. And it continued today so far...

Pullback to prior day high and mid-range here. Good spot for at least a bounce. But I'm not trading it.

Well, look at that! Today I did a mistake I haven't done in a while, i.e., I traded what I thought/think instead of just trading completely technically. I was thinking that due to the unresolved Iran/Israel situation we would see some risk taken off going into the weekend. Right now, we...

Some of the sessions these last few weeks have been too wild for newbies and even where more experienced players would choose to stay out. Personally, I sized down to micros in start of the week, but increased size a bit yesterday as the pace was more controlled and predictable. I prefer...

That would be something. I can see it happening on a break, but this is fairly controlled and contained so far.

LOL. Show us your PMs where people are asking you for guidance and thanking you.

Misread the day and calling it early... Big picture it's still a sell-set-up for the day, but probably (?) not the big sell? Worst case scenario it's just a choppy nightmare session.

FWIW, the main reason I'm leaning short today is simply the general environment we're currently in and uncertainty around the Iran/Israel situation going into a weekend. Makes me think bigger players may want to take some risk off here. Probably also a lot of late longs that piled into the highs...

Nice, Relentless. Still short myself, but had to re-enter. Now we pray. I see the potential of a big sell today, but expectations are low. Need to get lucky. I had a pretty big day up yesterday and wanted some quick and easy profits on the Globex Open, but got chopped to pieces in that back...

Shorted this pop at 58. Low expectations. Just see the potential of something to develop... Will scratch it for two points. Otherwise HOLD.

Nobody freaked the fuck out. LOL. Several here have been shorting and making good money on the sell and equally good money on the rallies. That's trading. What's your entry? What's your stop? What's your exit? If the Iran/Israel situation remains unresolved by today's close which it seems...

Holy F that's some serious numbers in this thread. I agree with deaddog that it would be interesting to know the account size, too, for context. Personally, I've blown or eroded multiple small accounts over the years. Average account size would be around 10K. Biggest losing day must have been...

This very thread is futile, IMHO. Obviously, anyone who can't predict the markets will say they can't be predicted. So that's actually what the OP is saying and the only real meaning of this thread. Not long ago the OP also expressed a desire to teach random people to code in Excel for...

Agreed. I think it's very difficult to design a completely systematic/mechanical system which beats buy and hold. Honestly, the best thing anyone can do is to zoom out a bit and go for larger moves. Yes, your win rate may go down, but the risk/reward is there. I'm more of an intraday swing...

I'm an addict. Took one final long after all. Final squeeze still possible.