ES Journal - 2019/2020

[speedo]

That is sad, and I am sorry to hear that. I have a friend, also a trader, who is battling stage 4 gliosarcoma right now.

I did not know your friend. I am something of a student/historian (a bumbling amateur, if you asked me) of trading. I remember running into Mike Bruns's name a few places and when I first saw one of your charts I immediately recognized his influence (how many folks would think to use a 30 WMA anyway?).

Mentors are good to have. I had one early on, but we've sadly been out of touch for quite some time. I am to blame as our contact was all internet/email and I go through periods of time where I completely disconnect from the net except for my trading platform. I disconnected and failed to keep open the line, much to my regret.

I am very sorry for your loss.

Thank you. Mike was humble, generous, soft spoken and highly skilled. He called me one day and asked a fundamental question as to trade execution. I thought "oh shit" as there was nothing about trade execution Mike didn't know. I asked a few questions and he was clearly confused and I implored him to go to the emergence room immediately. He said he had an appointment tomorrow with his Doc but I said it won't wait. He didn't go to the ER but he did go right to his Doc who had him admitted on the spot. His daughter emailed me that night saying he had a mass on the brain. Turned out to be a glioma and he was gone in two days. We need to treasure our time and the people who make our time what it is.

BTW, you "bumble" pretty well for an "amateur".

 

[cowf]

Potential 2835 for the start of the Asia Pacific

THIS IS where 2820 becomes support. and a long 2825.00

 

[NQurious]

Very nice Globex range - tested, and now attempting a bull breakout. Reminds me of my boy scout days and orienteering ... a market map and compass of sorts.

That break probably gets at least as far as 36. Beyond that? Well we'll just have to find out way.

Good luck today, y'all!

 

[fordewind]

Hi, brexiters!

 

[vanzandt]

Very nice Globex range - tested, and now attempting a bull breakout. Reminds me of my boy scout days and orienteering ... a market map and compass of sorts.

That break probably gets at least as far as 36. Beyond that? Well we'll just have to find out way.

Good luck today, y'all!

https://www.elitetrader.com/et/threads/es-journal-2019-2020.328086/page-299#post-4830013

 

[mbondy]

By the end of this 'bear' market run-up, the OP is going to be Buy-none-Sell-none, as he won't have any money left!

Wow, lookit those slow, grinding bear market rallies that look a lot like regular old bull market tactics!

 

[cowf]

THIS IS where 2820 becomes support. and a long 2825.00

2835...HIT. 2855 next.

 

[fordewind]

ahahahahahahah

 

[NQurious]

By the end of this 'bear' market run-up, the OP is going to be Buy-none-Sell-none, as he won't have any money left!

Wow, lookit those slow, grinding bear market rallies that look a lot like regular old bull market tactics!

I know his methods are proprietary. This particular bear market call remains a real head scratcher, imo. I myself have never associated a bear market starting by immediatley rallying to a new bull swing high. Higher Highs/Higher Lows are bull market activity. And I do not think that is only my opinion. I think that there may be some commonly accepted definitions involved. (I'm not hating on you, B1 ... but I am confounded by your continued insistence that this is a bear market.)

That break probably gets at least as far as 36.

I truly believe that if you are patient, the market will present, everyday, a few situations where the next move is almost being reported in yesterday's paper. Almost. No need to chase for trades ... a compass (trend) and a chart (map) is all you need. Assuming you can draw lines and measure correctly:

 

[NQurious]

Long 30.50, stop 29.50