ES Journal - 2014

[mastacoli71]

Profit target hit! ; out for +5 ES points.
This is becomming quite an easy way to make money.

I reccommend a long only approach to all thos struggling! At least until, say 2500 ES.

I've seen this long term target in several opinion articles. Do you mind sharing where this is coming from?

 

[Handle123]

H&S on one minute, short ES 1958.75 t/r 8 ticks

 

[Handle123]

H&S on one minute, short ES 1958.75 t/r 8 ticks

wow, I lost , LOL

 

[pinkman]

Boom!
Loving it. Still holding my SPY, waiting for 2k level.
No daytrade today yet, though. WIll buy a pullback, or might just jump on board if we keep flying up

 

[Handle123]

wow, I lost , LOL

One of the few times I allowed the dumb me to come out and said to myself "Hey turkey, it gonna go down, disregard the triple bottom", we all do dumb mistakes no matter how long we been at this. No, banana for this Monkey today, got major losses to make up today as I average down all the way up. But it happens and time to laugh, not going to pout and throw things like I use to.

What a dummy I am ROFLMAO

 

[Handle123]

SHORT ES 1960.25 and got heat again, come on drop

 

[Handle123]

SHORT ES 1960.25 and got heat again, come on drop

got my one tick plus more on the others

 

[pinkman]

may aswell
L 1961

 

[johnny_utah]

S 62.75, stop 63.75.

 

[Mr. Bacon]

I've seen this long term target in several opinion articles. Do you mind sharing where this is coming from?

2007 S&P close ~ 1500

Fed wants to erase the memory of 2008/2009, assuming they want a 8% annual return since 2007:

2014 Fed target = 1500 * (1.08)^7 = 2570

2015 Fed target = 1500 * (1.08)^8 = 2776

They may not get it there, but definitely are putting in a valiant effort