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  1. L

    ES Journal - 2019/2020

    The trend is most certainly up and no sell signal have occurred yet, that's for sure. I'm just worried you might end up losing your profits on a deep retrace which is bound to come eventually.
  2. L

    Trading the Indices on Fundamentals

    It does seem irrational, exaggerated and unsustainable. But bull markets tends to disregard bad news. I've lost count of how many times over these last 10 years I've expected a negative news item to move the market down and it barely winks... I wouldn't be surprised to see at least a minor...
  3. L

    ES Journal - 2019/2020

    Target? With such a wide stop - you'd better have a much higher target, IMO. Anyway, well done.
  4. L

    ES Journal - 2019/2020

    Huh?
  5. L

    ES Journal - 2019/2020

    Today's session (ES) closed within 5,75 points from the ATH at 3102. We're up bottom (26th of December 2018) to top 745,75 points / 31,65 % on this major leg up on the daily. Year to date the SPX is up around 23,51 %. That's the highest yearly gain since 2017 (19,42 %). The biggest yearly gain...
  6. L

    ES Journal - 2019/2020

    I'm impatiently waiting for @Buy1Sell2 to tell us he's staying long in this massive bull market. :)
  7. L

    ES Journal - 2019/2020

    Actually, I was not seeking advice. If anything, I was giving it. :)
  8. L

    ES Journal - 2019/2020

    I don't know much about that. And I start fearing I'll gain a reputation as a perma-bull now, which I'm not. But this market is going higher for now. We're up 365 % bottom to top. What's another 100 points? Just a measly 3,2 % or so. I'll rather risk missing the exact top and enter a short a...
  9. L

    ES Journal - 2019/2020

    This market has had every chance to sell off for the last week or two - yet it won't. It won't even retrace. Does that tell us anything? Or not?
  10. L

    I love the ATR but...

    Point is - it depends on what you’re interested in. ATR to me is a meaningless metric. Actual range is what matters. As a daytrader and otherwise to track volatility, I want to know what happens within said range. And that is found with non commercial metrics. :)
  11. L

    ES Journal - 2019/2020

    Really? It’s old news. How can it not be factored in? As of now, the outcome is uncertain. But I’ll bet it ain’t going anywhere.
  12. L

    I love the ATR but...

    Is that average true range? These do not tell anything about what happens within said range. I’d suggest you rather find out what you want to meaure. Then measure that. :)
  13. L

    ES Journal - 2019/2020

    What just happened? Anything beyond the impeachment hearing going on? I'm keeping it on in the background, but didn't notice anything particular at the time. Federal budget reaction? Or just another algo overreaction?
  14. L

    ES Journal - 2019/2020

    From the 20th of October. 117 points higher with consecutive ATHs I'm getting the same feeling once again. Can we do another 100 points from here? :)
  15. L

    ES Journal - 2019/2020

    Barring any particular news; YES.
  16. L

    Increased demand for stocks and its effect on the stock market.

    I am not talking about a few rich dentists going all in at a market top, but the net effect of a significant number (and increasingly so) of people saving in stocks on a monthly basis. But it may be that the aggregate sum of these individuals are still not a significant influence, although they...
  17. L

    ES Journal - 2019/2020

    90 is just a general guide line. Nice momentum here and no sell signal yet. EDIT: And as I wrote that - momentum slowed down. Probably a short term top here. I'd say the up side is capped at 92,50 by the close (04:00). To be a bit more precise - a close below 89,25 would be expected, but might...
  18. L

    ES Journal - 2019/2020

    Probably limited upside, yes, but could swing towards 90. Would normally expect a close below 90 on a day like this. A signal nonetheless.
  19. L

    ES Journal - 2019/2020

    Buy signal triggered at 14:56.
  20. L

    ES Journal - 2019/2020

    Ever flamboyant with grand words, B1. :) It's been a bull market for a while now, though, so you're a little late to acknowledge it. Better late than never, I guess.
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