ES Journal - 2017/2018

[FriskyCat]

Amazes me that anybody who has traded in previous bear markets would mistake the past two months for constructive "bull market action".

 

[FriskyCat]

Pretty clever running Russell as the decoy duck.

 

[destriero]

Over time, I have noticed that when I start to get the feeling that I've had enough punishment to one side and think about getting out and throwing in the towel, that that is very close to where the market turns in my favor. I may lose on this day trade, but I remain long as I see the bigger picture as up.

Yeah, you nailed it. Your 100 point stops and 50 point targets are the answer.

 

[FriskyCat]

I love these overnight pullbacks in an upmarket! Cash gap fill should be take place with relative ease and I would not be surprised to see a barefoot run to the Coffeepot today

Come on, Gartman must have written this.

 

[destriero]

Polenta, where is your PNL? Where is your run? Ostensibly you trade futures... you know, through an FCM. Right?

I covered some of my longs today and I will post today’s PNL when updated in Portfolio Analyst (overnight).

Why don’t you join me, Polenta?

Here's the day's return as promised. Wouldn't have bothered otherwise as it wasn't a big day. Took a hit on marks on an arbitrage late in the day which resolved today.

Not only does polenta not trade... he blatantly lies about his marks (his buy at 24 with ES at 27.50).

Polenta, WTF is your run?

 

[Pekelo]

just copy vader7x and you basically can't lose lol. I'd LOVE to know how he does it. Certainly not TA

Are you referring to this?:

"vader7x 15h15 hours ago
if we open under 2630.. assuming 2605 possible again.."

 

[FriskyCat]

Are you referring to this?:

"vader7x 15h15 hours ago
if we open under 2630.. assuming 2605 possible again.."

He also posted a short entry on that spike high in the first thirty minutes. (disclaimer: never read the guys tweets before this morning).

 

[Buy1Sell2]

Long term support around 2530 has not been breached. We'll need to have a breach and follow through there before we can declare this a bear market and downtrend. Right now, we are only a little over 10 percent off the highs.

 

[speedo]

All I know is it's the best trading December in several years.

 

[Buy1Sell2]

All I know is it's the best trading December in several years.

It's been a very good December and a fantastic year!