ES Journal - 2013

Quote from ammo:

yesterdays early fomc to stop a selloff,todays ecb rate cut,dragis comments that they are prepared to go negative rates,sounds like there is a possibility that the kings with no clothes have caught a glimpse of the mirror,struggling to push it higher, they always win, will they this time

Central banks always win, they have a near perfect track record.
 
Quote from Trvlwanderer:

A little consolidation before we expand this bubble to 1650+?

SPY has only one trade button. "Buy".

ES on the other hand........

haha good observation.
 
Quote from Trvlwanderer:

A little consolidation before we expand this bubble to 1650+?

SPY has only one trade button. "Buy".

ES on the other hand........

ES is a total waste of time, there are other instruments with far more volatility/range if you absolutely must gamb... erm trade.

I'd rather go stare at a rock or something than trade this grind fest.
 
Quote from trickshot:

ES is a total waste of time, there are other instruments with far more volatility/range if you absolutely must gamb... erm trade.


Simply a vehicle in which you express your opinion to the world.
 
Quote from Trvlwanderer:

Simply a vehicle in which you express your opinion to the world.

Well trading should be about making money, not about expressing opinions.

The ATR of ES is just pathetic now, spreads, comms and slippage are magnified when ATR narrows, making it even more difficult to profit from trading.
 
Quote from trickshot:

Well trading should be about making money, not about expressing opinions.


I believe that is completely obvious. My choice of words was to convey that each trade is expression of YOUR opinion as to where price will move.

Semantics.

You were questioning ES as a trade vehicle. Yet you are on the ES journal thread?
 
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