ES Journal - 2019/2020

[schizo]

Another interesting observation to me anyway is that The Turtles were successful by buying high and selling higher. This is counter-intuitive to most humans but was a a major part of their success.--For to go higher, you must first make new highs on some time frame. One flaw in their strategy though was gross mismanagement of risk. ---to the point of ruin nearly if you were wrong first time out.

I've been re-reading Darvas Box lately, and it's the same principle.

 

[FriskyCat]

This much divergence between Russell and Nasdaq (especially in light of it tagging unchanged on the year) is a pretty decent sell signal IMHO.

 

[Buy1Sell2]

What would this particular chart indicate, at a moment's glance, with regard to near term direction? View attachment 225178

and here is the continuation

 

[Spooz Top 2]

If next bar takes out last bars, IVB, swing lo.. then it’s a sell signal... I pay no attention to macd ... assuming the other indicator is rsi...

BINGO!! IVB = Inside Vertical Bar...

 

[schizo]

Long 56.50

SL 53.50

 

[IB_Dude]

Financials are telling you something

Ladies and Gentlemen, it is the moment of truth

 

[Buy1Sell2]

Long 2759.75 Initial stop 2737.00

 

[EON Kid]

This much divergence between Russell and Nasdaq (especially in light of it tagging unchanged on the year) is a pretty decent sell signal IMHO.

Looks like a nasty reversal on NQ. I'm not familiar with the indexes but I'm thinking a strong bounce to continued selling into the close

 

[schizo]

Long 56.50

SL 53.50

Flipo short 62

+6ish

 

[schizo]

Flipo short 62

+6ish

Out 67

-5