ES Journal - 2019/2020

[formikatrading]

Good job, trdes!

We're right back down at that level again, which makes sense to me now because I didn't see the momentum lining up to get me excited about buying that level the first time but you're younger and a bit more nimble than I am!

When markets are moving fast and algo's are extremely active, that's when my concepts / view works best. I generally try to only post when I see something clearly and it has a high probability of working out, of course as we all know nothing is 100%.

Can be difficult to post in time when markets are moving this fast, but both the long and short was able to post ahead of time and it helped me honor my rules and take the trades.

Just here to share some concepts and hopefully add some value and get some in return. I am always improving / looking to improve and recently I've made a lot of progress.

See you guys later have a good evening.

 

[themickey]

I remain convinced mkts are bearish, holding short as an EOD trader.
Many days will see an opposite reaction, mkts hate going down, tug of war is normal.
Whether long or short, convictions will be sorely tested.

 

[formikatrading]

As mentioned, there is a bearish scenario that I'm watching too. I'm now just waiting for clearer direction on which way I want to play it. But open to both bullish and bearish scenarios.

I remain convinced mkts are bearish, holding short as an EOD trader.
Many days will see an opposite reaction, mkts hate going down, tug of war is normal.
Whether long or short, convictions will be sorely tested.
View attachment 240424

 

[themickey]

Highest reward is catching the beginning of a trend.
For me 'when it becomes clear' is a tad too late.
But it's a calculated gamble and not a prediction.
There are many flavours on tackling this racket.

 

[Overnight]

Highest reward is catching the beginning of a trend.
For me 'when it becomes clear' is a tad too late.
But it's a calculated gamble and not a prediction.
There are many flavours on tackling this racket.
View attachment 240429

That's the most disgusting flavor explosion in a candy pile ever to be posted to the Internet.

-10 from Gryffendore.

 

[Gaslight Capital]

I remain convinced mkts are bearish, holding short as an EOD trader.
Many days will see an opposite reaction, mkts hate going down, tug of war is normal.
Whether long or short, convictions will be sorely tested.

 

[vanzandt]

View attachment 240430


View attachment 240431

B1 has me on ignore again. Tell him Covid cases rose by double digits in 26 states in the last 2 weeks.

The airline sector is 5% of our GDP. Their stimulus ends at midnight Eastern. That's a big deal.

Watch for a big uptick with the corresponding volume in the after hours tonight if you have to play long. Aside from the regular openings of various world markets. Or tomorrow I guess.
There's always leaks.

If they save the airlines again, a comprehensive deal agreeable to all sides is in the works.

EDIT: Then sell the news.

 

[themickey]

That's the most disgusting flavor explosion in a candy pile ever to be posted to the Internet.

-10 from Gryffendore.

I hate buying liquorish, once started, can't stop, will eat a large bag without leaving it alone.

Picture of pain.

 

[vanzandt]

I hate buying liquorish, once started, can't stop, will eat a large bag without leaving it alone.
View attachment 240432
Picture of pain.

 

[Overnight]

I hate buying liquorish, once started, can't stop, will eat a large bag without leaving it alone.
View attachment 240432
Picture of pain.

Damned masochist. I knew your avatar gave it away a bit, but that untouched photo of you is the proof!