ES Journal - 2019/2020

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was just trying to figuree where that 29 level came from. Do you know if that guy uses fibs?

Might have something to do with the 1.27 fib level target from the range high to low. I don't use fibs but thought it might line up with that support and it effectively does.

Can't find another reason for it. Maybe correlation with YM that there is a good level there

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I'd be VERY surprised. From the little i've gleaned from him, I don't think he really uses (or believes in) charts/TA etc at all. But 'models' whatever that means. I honestly can't help at all. If I had the slightest clue how he does it, I wouldn't lose so much!
Anyway, lets not sidetrack the thread too much. My fault I guess, but I only posted it as I mentioned last week that I was switching to the NQ, but any ES trades I post would be when I was copying the guy who knows what the hell he's doing lol

ps - I think he actually bought the low tick at 28.5 and not 29. I posted 29 because that's where the price was by the time I saw his post and I went long
 
whoever made this call is a guru as he caught the bottom of this movement.
Divergance at rising 90 wma support....no "guru" necessary, just a sensible trade plan

upload_2019-4-24_14-17-13.png
 
I'd be VERY surprised. From the little i've gleaned from him, I don't think he really uses (or believes in) charts/TA etc at all. But 'models' whatever that means. I honestly can't help at all. If I had the slightest clue how he does it, I wouldn't lose so much!
Anyway, lets not sidetrack the thread too much. My fault I guess, but I only posted it as I mentioned last week that I was switching to the NQ, but any ES trades I post would be when I was copying the guy who knows what the hell he's doing lol

ps - I think he actually bought the low tick at 28.5 and not 29. I posted 29 because that's where the price was by the time I saw his post and I went long
has he posted exit on 29 long ? thanks
 
L 29 ES
not my trade! Copied. Zero idea why he bought there. Almost certain to be good, though. 90% chance. We'll see

Covering here at 36 for +7

(although he doesn't appear to have covered yet. I'm only covering as he said this was his 1st target when he entered the trade and I don't have the luxury of scailing)
 
Covering here at 36 for +7

(although he doesn't appear to have covered yet. I'm only covering as he said this was his 1st target when he entered the trade and I don't have the luxury of scailing)
did your 36 get hit?
 
God knows what info he has access too!

If I knew him to be an honest and forthright guy I'd bet him $100K he is trading measured moves and fibs ... he'd likely deny it though since he wants to keep it a secret from you, so I'd trust the guy about as far as I could throw him.

F'd up thing is that someone showed him (or he read it in a book such as Trading the Measured Move by David Halsey), and he wants to put on a show as to how smart he is.

Trade like an algo ... that he does:


MM's and Fibs.JPG
 
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