ES Journal - 2017/2018

Status
Not open for further replies.
Pekelo said:
I will share a dirty little secret. On Bigchats.com SPX and NDX are both live, you just have to refresh it. (For stocks the chart is still live although the price displayed is delayed.) If you put an Autorefresh app on your browser, you get an almost live chart with being only 5 seconds delayed. So you can get to see how the futures move by this little trick as long as it is RTHs....
More...
investing.com does the same thing, but the charts update live...pretty good little mobile app too...if a little ad heavy (both app and site)
 
Buy1Sell2 said:
If we close here today and don't fill the gap from yesterday, this will constitute a bullish island reversal and more upside should ensue.
More...

I hate to disagree with you, but no. For an IR you need two consecutive opposing gaps. We only have upgaps here.

There WAS actually a bullish Island Reversal a week ago on Wednesday, the day started with a downgap and the next day continued with an upgap. Apparently that worked out fine because we are about 60 points higher.

But again, no, there is no IR present at this moment. IF we gap down tomorrow and run away with it, today's upgap and tomorrow's downgap make a bearish island reversal...

Glad I could clear this up for you...
 
Handle123 said:
L 13.00
PS 1.25pts
OOPs loss
More...
We get up every morning...We are Traders.
We turn on our computers...We are Traders.
We sit and monitor the markets for hours...We are Traders.
We gamble our livelihoods everyday...We are Traders.
We drink espresso...We are Traders.
We experience highs and lows and everything else in between...We are Traders.
It's very difficult to do this, but we survive and thrive...We are Traders.

I envision everyone on ET participating in a silly, deep, inspirational, cheesy, motivational, proud television commercial showcasing our various emotions on our face and bodies using different camera angles and lighting o_O, :confused:
Kind of like a Marines recruiting video.
 
Last edited:
Buy1Sell2 said:
If we close here today and don't fill the gap from yesterday, this will constitute a bullish island reversal and more upside should ensue.
More...
So we did end up with an island reversal upon today's closing. Looks like more upside to come.
 
Buy1Sell2 said:
If we close here today and don't fill the gap from yesterday, this will constitute a bullish island reversal and more upside should ensue.
More...

Lots of gap smack going on but ok anyway, what ever flips your boat. But, Its normal to repel off the 38,50 0r 61. Today 2718 is the 50. Its not considered unusual to pause before we go after 2757 (61%).
 
Buy1Sell2 said:
So we did end up with an island reversal upon today's closing. Looks like more upside to come.
More...
Looking at the 30mn MACD I see the unusual which relates to a strong move up. Not that I follow the mac just stating the obvious. Every time the mac flipped to go south market drifted tiny bit lower than sideways to up. The longer price lingers the mac drops down further for the next move upward.
 
Last edited:
Status
Not open for further replies.
Back
Top