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  1. formikatrading

    How high can the S&P 500 go by year end?

    I started trading better once I stopped looking for an explanation for why something should go up or down.
  2. formikatrading

    ES Journal - 2021/2022

    I lightened up on my positions today -- I'm expecting the market to pull back at some point next week. Meanwhile, I'm long NUGT (gold miners) since Monday/Tuesday --- I think that has more to go to the upside.
  3. formikatrading

    ETF strategy for today's Fed reaction

    Because we're in a runaway bull market.
  4. formikatrading

    what is wrong with the recent Nasdaq's new high?

    Hard to argue with the market.
  5. formikatrading

    Correction coming? See inverses UVXY TZA SQQQ

    Very well put. It would be interesting to see if Ken could trade with the prevailing trend once in a while! :D Ken -- we still love you but some of us like @Nine_Ender and myself know your tendencies too well!
  6. formikatrading

    ES Journal - 2021/2022

    Is this all the bears got? "You call this a storm?" (Lt. Dan)
  7. formikatrading

    what is wrong with the recent Nasdaq's new high?

    So what is your point?
  8. formikatrading

    ES Journal - 2021/2022

    I hear ya -- but even the word "trading" isn't the way I like to think about it.
  9. formikatrading

    ES Journal - 2021/2022

    holding positions for days / weeks rather than minutes / hours - it’s just how I think about it.
  10. formikatrading

    ES Journal - 2021/2022

    Just seeing great momentum and no reason not to be invested. :D I don't worry about the reasons we're going up. I spent a lot of time refining my process this year -- trying to make it as "idiot-proof" as possible while still having a discretionary approach to execution. Most people get in...
  11. formikatrading

    ES Journal - 2021/2022

    Again, I hear ya but I think it would be irresponsible for me to do anything but hold my longs right now given what I'm seeing (and add exposure on dips like this morning but took most of the added exposure back off just now). If I'm wrong, I'll lose some of my gains. I can live with that.
  12. formikatrading

    Confused by the inflation news - effect on Forex?

    That sounds like a good idea, though! Probably above my pay grade! I have some "limited" coding skills when it comes to indicators. I have had to rely / pay some others on some stuff. For this one, I took someone else's idea but tweaked it on my own (which is what I do a lot of -- just...
  13. formikatrading

    ES Journal - 2021/2022

    I hear ya -- for now, I'm treating this as a runaway move to the upside.
  14. formikatrading

    Gotta love ZERO RISK in the SP500 = $$$

    Nice job. If you just try to read the market instead of projecting your feelings and opinions on it, it makes things a lot easier!
  15. formikatrading

    Confused by the inflation news - effect on Forex?

    It's all daily -- just multiple period lengths on the oscillators. I do use multi-time frame analysis too.
  16. formikatrading

    what is wrong with the recent Nasdaq's new high?

    That's what happens when people get too bearish.
  17. formikatrading

    Confused by the inflation news - effect on Forex?

    I'm good with my analysis. Thanks for your input, though.
  18. formikatrading

    Confused by the inflation news - effect on Forex?

    Looked at the monthly on this pair -- just a consolidation at support.
  19. formikatrading

    Jerome Powell FOMC Chairman sold 5 million in stock

    He lost out on a lot of profits unless he bought all of that back.
  20. formikatrading

    Confused by the inflation news - effect on Forex?

    Daily chart with candles. Bottom window is a multiple time period, dual custom oscillator.
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