ES Journal - 2017/2018

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nickynoes said:
Building a huge ascending triangle on the hourly chart. Will probably carry us to 2720.
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I wanted to post the same, and I think we already broke above the horizontal line yesterday (even the after 1 pm sell off bounced from it), although the after close action shit the bed a bit, probably an over reaction...

And as an answer to B1S2, sometimes they break out downward but the expectation is upward. But we would leave 2 unfilled gaps behind...

By the way the same triangle is also present on the daily chart, but the horizontal line is a bit higher.

Today is 13th and Friday....
 

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Buy1Sell2 said:
Huge move now exceedingly imminent. I look for it on Fri or Tues at the latest. At the appropriate time I will show how I have come to this conclusion. Staying long here.
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Que paso mi hermano largo?
Hacemos dinero grande para todas las dias wey
Vamos a fumar los tontos cortos y ganar más dinero
 
Watching markets sporadically while busy in my other market, Real Estate, Patiently awaiting this heavily consolidated move North..... When Vol dries up.. I`m a vapor trail... back soon when oxygen reenters the market & move comes to fruition. Good Trading guys.
-Steve
 
Spooz Top 2 said:
Watching markets sporadically while busy in my other market, Real Estate, Patiently awaiting this heavily consolidated move North..... When Vol dries up.. I`m a vapor trail... back soon when oxygen reenters the market & move comes to fruition. Good Trading guys.
-Steve
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Volatility is fun but the slow grind no risk uptrend is where the easy big bucks are made.
 
nickynoes said:
Volatility is fun but the slow grind no risk uptrend is where the easy big bucks 'were' made.
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Fixed that for you.

I’ve never seen a group of people more excited to be led to the slaughter than I do on here when the market rallies. The bull market ended 2 months ago; inherent in every rally is the danger of an insatiable seller poised at the top of the every hill. You can fade him, but in the end, it’s your funeral.
 
NN.. Slow & methodical, yes... but unless loaded to the gills, then it covers very little ground over long periods, hence this Chinese water torture move North... Always preferred an accordion market... If I had the time to observe last 2 weeks, I would have built my long position over this accumulation phase & obvious imminent move North... each their own, bro! GL
 
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