ES Journal - 2014

[wiesman02]

This is churning up with some awful price action for me. I normally have a buy signal by now on a gap up like this.

 

[Visaria]

What does short mean again ?

it's another way of saying "lose money"

 

[pinkman]

there's free money for any pullback traders who want to get long, but might not get any decent pullbacks on a Tday, which is partly why I jumped back in long yesterday!
See what happens.
Going to 1920 ish very soon, though

 

[wiesman02]

there's free money for any pullback traders who want to get long, but might not get any decent pullbacks on a Tday, which is partly why I jumped back in long yesterday!
See what happens.
Going to 1920 ish very soon, though

3 pullbacks with only 3-4 points of upside normally isn't very bullish....but weirder things have happened !

 

[tradingjournals]

ES at 1880ish, SPY at 188.40s area. Anyone here who is entering new longs, raise your hand so that we can admire your courage.

If no one raises his hand, who are these new buyers and why are they buying?

 

[wiesman02]

No trades yet for me. This is rare ! Thought I was gonna get a signal to buy at this 1877 level, but no dice. Really wacky pa. If I don't understand it, I don't trade it

 

[tradingjournals]

SPY @ 188.42: My models are telling me to STFRs.

 

[tortoise]

SPY @ 188.42: My models are telling me to STFRs.

There are models for this market

 

[tradingjournals]

There are models for this market

I read that the model that have been used by others has been BTFD

 

[tradingjournals]

SPY @ 188.42: My models are telling me to STFRs.

Short entry issued at 49. Sellers currently estimated in area of 69 to 79.