ES Journal - 2016

CBC · Dec 12, 2016

And todays pattern folks is a swing trade for 11 points from the +5 level.

Just like clockwork.

Buy1Sell2 · Dec 13, 2016

Buy1Sell2 said:
Exited Dec contract at 2257.00 and rolled to Mar at 2252.00. Stop is at 2178.00 on the Mar contract now. 56.5 pt profit banked on first leg of trade.

Stop raised to 2241.00

Allen3 · Dec 13, 2016

Buy1Sell2 said:
It's a continuation. --Correct on the not banked part. Trade could still lose money

Thanks. I've always liked seeing how you do things. You and 4re were always who I followed on here to see what you were up to. Always appreciate your input and responses. All the best . Jim

Buy1Sell2 · Dec 13, 2016

Allen3 said:
Thanks. I've always liked seeing how you do things. You and 4re were always who I followed on here to see what you were up to. Always appreciate your input and responses. All the best . Jim

Appreesh

Buy1Sell2 · Dec 13, 2016

Spectre2007 said:
shooting for it..

Buy1Sell2 said:
2268?

Spectre2007 said:
its only a few points away..FOMC day

Lookee there---

Buy1Sell2 · Dec 14, 2016

Staying long here. Stop remains the same.

Spectre2007 · Dec 14, 2016

It should spill over 20k on Dow since some will look to short at that round number, their stops will be blown on the shorts, it should be a trend day up till the close. Exit longs on the close since Electoral College issue and first week of Jan they have to certify Electoral College votes, only bad news really till Jan 19th.

Lots of political turmoil mess, should cap gains till Trump is truely official. There is a small chance that the FED does nothing since rates have gone up globally and they are starting to effect housing. Lumber prices show downdrafts coming. Look also for tweets from Trump regarding FOMC decision.

CBC · Dec 14, 2016

Should be an interesting session with ol Yellen at the helm.

Good luck today traders.

Spectre2007 · Dec 14, 2016

If yellen/FOMC is at war with new administration they may raise a full point.

Buy1Sell2 · Dec 14, 2016

Spectre2007 said:
It should spill over 20k on Dow since some will look to short at that round number, their stops will be blown on the shorts, it should be a trend day up till the close. Exit longs on the close since Electoral College issue and first week of Jan they have to certify Electoral College votes, only bad news really till Jan 19th.

Lots of political turmoil mess, should cap gains till Trump is truely official. There is a small chance that the FED does nothing since rates have gone up globally and they are starting to effect housing. Lumber prices show downdrafts coming. Look also for tweets from Trump regarding FOMC decision.

Or, just look at charts like I do.