ES Journal - 2019/2020

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Nice job! Now keep repeating that. :)

How many contracts are you swinging per trade?
many thanks, past few days had been transitioning to longer time frame. today was an excellent day for riding the RTH trends. Still not fully confident in doing swings, that is my goal. for now trading higher time frame during RTH and sticking to take profit target, along with precision entry and minimal drawdown.
 
Just spoke with Mexican President, making great progress.
Ya know in all honesty, I could see this happening.
One Tweet this afternoon... and we take out 2800.
Not saying its gonna happen... and it probably won't... but a tight stop on any short is certainly prudent imo.
 
Ya know in all honesty, I could see this happening.
One Tweet this afternoon... and we take out 2800.
Not saying its gonna happen... and it probably won't... but a tight stop on any short is certainly prudent imo.

30 year bonds are in a melt up, JPY and GC are having one of their biggest up days this year. Economically sensitive instruments still getting hit hard, but VXX is up only modestly and our easy Fed is in the background. Money flows to safe havens are almost at panic levels.

There is no comfortable unhedged side of this market. We could either hours from a crash or hours from a massive short covering rally because an trade agreement is reached somewhere.

There are too many serious liquidity challenged hotspots and weakening economies around the world to get comfortable even if trade deals are reached. Basically the market will end up being purely driven by easy Fed policy rather than a sound economy.

Not that we should fight the Fed.

Trump’s tweet power on positive developments will probably weaken over time as he may lose credibility among traders to get things done.
 
Ya know in all honesty, I could see this happening.
One Tweet this afternoon... and we take out 2800.
Not saying its gonna happen... and it probably won't... but a tight stop on any short is certainly prudent imo.

If not this weekend sometime very soon.
 
Always be prepared.

EDC.jpg
 
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