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  1. oraclewizard77

    ES Journal - 2019/2020

    Markets don't go up every day. We have a great pullback with Fed rate cut and possible good trade news coming. Was I long at all today after 11 am PST. Not at all. Look at the chart, all MA are going down. 4 LL were made. Now we are finally getting sideways action which may be a base...
  2. oraclewizard77

    Starting The Trading Journey

    There is a free strategy on this site developed by Jack Hershey if don't already have one. You can either search here or use google.
  3. oraclewizard77

    ES Journal - 2019/2020

    You don't even need a chart to trade. Just use this. https://twitter.com/realDonaldTrump?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
  4. oraclewizard77

    ES Journal - 2019/2020

    https://www.marketwatch.com/story/hanky-panky-traders-pocket-stunning-profits-after-trumps-comments-on-trade-talks-goose-the-stock-market-2019-10-17?siteid=yhoof2&yptr=yahoo My friends are all long. Never f with a mad dog, or f with a mad Trump. :-(
  5. oraclewizard77

    ES Journal - 2019/2020

    Yes, I should have. Also, probably should not have posted the trade here. However, it was a very high probability setup so now I look like a fucking Oracle. LOL. We were not even at top resistance. No reason not to take more profits.
  6. oraclewizard77

    ES Journal - 2019/2020

    Target was hit, I should have stayed with 3 points.
  7. oraclewizard77

    ES Journal - 2019/2020

    Actually, I will take 2 points but add lower for more power unless my target is hit 1st.
  8. oraclewizard77

    ES Journal - 2019/2020

    Long 2989.50. Looking for 3 points and looking to add lower. Stop below main support.
  9. oraclewizard77

    ES Journal - 2019/2020

    I closed my long CL trade for a massive 4 tick profit. So it did fine. LOL. Also, my other scalps from last night did good too. So no losses and I am flat for the weekend.
  10. oraclewizard77

    ES Journal - 2019/2020

    Yes, it's very easy. You multiply 3000 by 1.8 = 5400. This ratio is based on Forbe's prediction of Dow 50,000. https://www.forbes.com/sites/robisbitts2/2018/04/18/heres-when-the-dow-will-hit-50000/#f622b0455094 So anyone holding a short for multiple years will run into issues.
  11. oraclewizard77

    Lost 7 trades in a row this week, how often will this happen again?

    My loses usually come from revenge or over trading in 1 day. I take a loss and try to get right back into another trade. Where when I win, I might wait till the next day to trade again. Best solution is to trade the same for winning and losing days. Also, check back in an hour and see if you...
  12. oraclewizard77

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Yes that is a bear channel. I would say top of channel is 7990 and resistance where I see possible bottom and support around 7920. So once one sees that price is in the channel, they have a chance before support to go short. Is your purple line an EMA? And if so what value do you use. If...
  13. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    Hackers are trying to make you pay for the computer problems that they cause. I had a Netgear 1605 error when trying to install netgear wireless drivers. So I of course googled that error. The number 1 site to come up on Google says netgear support with a phone number. So I assume its the...
  14. oraclewizard77

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    My bias for ES is up. We had a good up day today for ES and now we have some profit taking. As you can see we broke out of the downward channel, and then hit a HH. On a pullback from the HH, we get some support where no full candle violated the support. So now we can therefore do as seen a...
  15. oraclewizard77

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Here's a pure PA chart for you to look at.
  16. oraclewizard77

    ES Journal - 2019/2020

    Hows that short working out for you? Any stop, or till you blow out your account?
  17. oraclewizard77

    ES Journal - 2019/2020

    I wish NT 8 did not suck, staying with NT7 till I can't start it. Also, can't import any of my custom indicators into ver 8.
  18. oraclewizard77

    ES Journal - 2019/2020

    These are the weeks trade results from my new system. As noted one of the trades I posted here.
  19. oraclewizard77

    ES Journal - 2019/2020

    It does not matter to me what your opinion of the trade deal is, what matters to me is how PA responds to the trade deal. The trade deal created PA which produced good setups. Also, if you think the trade deal is bearish, feel free to post your short like I posted my long trade. Remember all...
  20. oraclewizard77

    ES Journal - 2019/2020

    Overall, I liked the trade since target was much higher than my normal scalping target. With market volatility, it's easier to make more points than during slow days.
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