ES Journal - 2017/2018

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TL has refined its self & dipped to 2720-30 zone along with elongated PA as Bullys finally made it to the magnet TL Kiss... the kisses are typically quick inflection type hit & runs... Let`s see how we react... On the road today so am looking at delayed PA on my phone by 20 min or so.

2720 is a meaningful pivot point on charts.... fyi

Delayed ?

WTF it's 2018 man!

Time to swap that Nokia 8110 for an IPhone 8+
 
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.

So this is your thoughts of who you are? Cause "we" are not entire entity.

I get up every morning and I am system developer and business owner dealing with financial markets.
Computers stay on to watch automation that those apps in cities where the exchanges are located.
I watch markets maybe 2-3 times a month and only all day when I am trading 2 lots to check if signals perform real time before coding for automation. Backtesting is never enough or true.
Life is a gamble.
I don't drink espresso in the states, only regular coffee whether Starbucks or McDonalds(before 10:30am).
I lost the emotional highs/lows back in the 90s, it simple the same job, I enjoy the system development much more. I never enjoyed the actual trading, plus I couldn't trade 24 hours a day too often. Most there is frustration of not clearly understanding whatever I been working on which has been physics and cycles of late. Math skills are tarnished a bit.
It's funny, once you learn how to stop losing so often, you question yourself why it took so long.
I avoid anyone taking my picture, let alone be on some video.
 
So we did end up with an island reversal upon today's closing. Looks like more upside to come.
upload_2018-4-18_22-5-21.png
 
I was wondering what you were seeing. So although the definition doesn't explicitly say it has to be 1 day, your IR is more than 3 weeks long. That is a Continent Reversal, not an island... :)

"
  • The trading activity may last for only a single day or a couple of days. When this arrangement occurs for only a single day, it is known as "one day reversal"."
https://en.wikipedia.org/wiki/Island_reversal

I wouldn't call 17 days a couple of days though... Your posted picture is more likely a dwarf's face with a hat. :)

Edit: We have just dropped so looking for a downgap at the open, making it a BEARISH possible island reversal, with yesterday's (or the day's before) upgap. It is happening after a decent run up, otherwise known as top....
 
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Here is a classic IR from 6 days ago. Although this 10 days chart is full of gaps, this one is the most classic, except it didn't happen at a bottom. Nevertheless we rallied from there...

There is another one at the 2660 level, but that is 6 days wide, and not so symmetric...
 

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NN, So you are covering your Shorts but adding Longs... but in different accounts, I take it, as one would be either net long or net short in same account, correct?
No I only use 1 account, I have both long and shorts open at the same time.
 
Delayed ?

WTF it's 2018 man!

Time to swap that Nokia 8110 for an IPhone 8+

LMAO... I use finviz to see everything at a glance as I also Swing Trade Commodities, Crude, Gold, Bonds & Index Options & only check in periodically ...I dont really care when I`m on the road to have up to the second quotes.... Unless i`m loaded to the gills in which case I`m always Bid & Offered 0ut way off the current market for significant moves... I think I subconsciously do it intentionally.

https://finviz.com/futures.ashx

The new Samsung is very dependable... Just have`nt figured out the messaging end of it yet? Any Advice on this newer model? They said it was last years model but I think it may be just a bit older than that?

il_570xN.1256215456_y45m.jpg
 
Here is a classic IR from 6 days ago. Although this 10 days chart is full of gaps, this one is the most classic, except it didn't happen at a bottom. Nevertheless we rallied from there...

There is another one at the 2660 level, but that is 6 days wide, and not so symmetric...
15 minute charts cannot be used to identify gaps. Gaps are defined by daily charts. What I showed was very definitely an island reversal. Bearish gap followed by bullish gap. The number of days has no consequence.
 
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