ES Journal - 2019/2020

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Bad assumption. Trump is all over the place with a trade deal. He doesn't want the market to drop. That will kill consumer sentiment and bury his chances for re-election.

Well, he's running out of time to walk it back. It would be great for bulls if he does.
 
Price Volume Oscillator, Stochastic Momentum Indicator. PVO uses volume in it's calculation....and I smooth it a bit. It sometimes leads price action. (See thin red line). When it crosses the orange line or zero line, it portends a move up and vise versa. The yellow line in the summation of the PVO. The thin white line with the arrows is the SMI. The thick white line in the chart is a 10,000 trade adaptive moving average. Hope that helps.

Very nice. Thanks for sharing.

I'd love to use indicators myself, but haven't yet found (or created) anything I find worthwhile (read: sufficiently reliable long term). Are those proprietary indicators or available somewhere?
 
Sometime between now and Sunday, will be the headline that the first bit of tariffs will be going into effect on Sept. 1st. Assuming Trump doesn't walk-it back and delay it, the markets will drop most likely on that headline.


If you take your nose away from the non-truthful news, and did a little bit research you would know...
1) TOMORROW 8/29/19, @5:30am edt, GDP is released.
2) The ENTIRE US trade with China is (way) less than 5% of GDP.

Here is 2018 trade numbers with China... https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china

You can do your own research for GDP dollar value... btw, it's in the trillions, just like the federal debt.
 
If you take your nose away from the non-truthful news, and did a little bit research you would know...
1) TOMORROW 8/29/19, @5:30am edt, GDP is released.
2) The ENTIRE US trade with China is (way) less than 5% of GDP.

Here is 2018 trade numbers with China... https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china

You can do your own research for GDP dollar value... btw, it's in the trillions, just like the federal debt.

It is a preliminary number, and while that can have market-moving impact, it does not even compare to the point I was making. If that headline comes out as I suggested, the markets will drop. That is my point. It may not even be that bad, because by now the markets have priced in what is currently perceived as a guaranteed event.

It is just that the market tends to move when the headline hits.
 
i hold a short on ub all fucking day.. and the fucking shit drops 1.5 the last fucking minute:vomit: still made some money haha
what the fuck :( shit dropped like a rock... anyway whatever tomorrow is a new day.
 
Very nice. Thanks for sharing.

I'd love to use indicators myself, but haven't yet found (or created) anything I find worthwhile (read: sufficiently reliable long term). Are those proprietary indicators or available somewhere?
The formula's are generally available online... do some google searching. The parameters and smoothing are of course my proprietary angle on using them. They are definitely not infallible, but are invaluable from time to time on both entries and exits.
 
The formula's are generally available online... do some google searching. The parameters and smoothing are of course my proprietary angle on using them. They are definitely not infallible, but are invaluable from time to time on both entries and exits.

Thanks, man. Will do some searching and see if I can find something that's available for Ninjatrader. If not, I suppose it could be customed coded. Much appreciated.
 
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