ES Journal - 2017/2018

Buy1Sell2 · Dec 21, 2017

Buy1Sell2 said:
Long @ 2685.50 Initial stop 2663.00

Looking good here.
Continuing Long

Buy1Sell2 · Dec 26, 2017

Buy1Sell2 said:
Long @ 2685.50 Initial stop 2663.00

Looks good to stay long here at the 2682 level. Full position still on as usual.

Pekelo · Dec 26, 2017

I looked up last year's end of year movement. The ES went down 15 points but in the next year made it back pretty much on the first day. FWIW

Buy1Sell2 · Dec 26, 2017

Pekelo said:
I looked up last year's end of year movement. The ES went down 15 points but in the next year made it back pretty much on the first day. FWIW

Does you research show that that is typical for Santa Claus rallies. ---A lot of folks don't realize that the Santa Claus rally happens after Christmas not before.

Pekelo · Dec 26, 2017

Buy1Sell2 said:
Does you research show that that is typical for Santa Claus rallies. ---A lot of folks don't realize that the Santa Claus rally happens after Christmas not before.

Including me. I have just learnt that this morning from CNBC. But anyway I only looked up last year only. Year's end profit taking kind of explains it.

Edit: 2 years ago it was zig-zagging heavily between 2044-2081.

Buy1Sell2 · Dec 26, 2017

Nice bounce into the close today. I will be keeping my position the same for the foreseeable future.

Buy1Sell2 · Dec 27, 2017

Buy1Sell2 said:
Nice bounce into the close today. I will be keeping my position the same for the foreseeable future.

Primed here for a nice runup today.

Buy1Sell2 · Dec 27, 2017

Day trade Long 2688.00 initial stop 2683.25

Buy1Sell2 · Dec 27, 2017

Should be a little intraday resistance at 2691 -2692 and then a move on 2700 should occur. I am entering a limit sell order on the day trade @2699.75.

algofy · Dec 27, 2017

Buy1Sell2 said:
Should be a little intraday resistance at 2691 -2692 and then a move on 2700 should occur. I am entering a limit sell order on the day trade @2699.75.

What’s your planned stop on this one if it comes in.