ES Journal - 2019/2020

[boyd cross]

So whats Trump going to say after the markets close, he usually waits till around 7pm EST. But hes overseas so who knows. Markets are waiting.

Doesn't matter into the 4th. higher

 

[boyd cross]

around 35 now, i called that! i called a lot here! now lets take out 40!just for kicks

 

[boyd cross]

add long 3650

 

[Laissez Faire]

Sold 38. 10 point stop.

Scratched it at 41. -3,00.

I was considering holding short over the weekend, hence the wide stop.

Technically/statistically, I think it's likely that we can get a a decent pullback from this zone. We may or may not get a catalyst in either direction over the weekend. In actuality, it started this Tuesday. It remains to see if we get continuation or not.

Worst case scenario for a bear we open gap up 40 points on Monday, but I don't think that's likely.

Regardless, since we're spiking into the close and not dumping - I didn't felt comfortable holding without a 'head start'.

 

[Laissez Faire]

Now, that's a statement!

 

[Buy1Sell2]

Out and day trade long 2944.00 for loss of 6.75 pts Initial stop 2928.00

out at 2948 for gain of 4 pts.

 

[boyd cross]

swpeedo post another your ad hoc charts..

really helpful in the RT

 

[Buy1Sell2]

To be clear, for the thick among us... unless my entire day is posted, one or two "calls", no matter if real or sim, or profit or loss, means nothing. Nothing from a learning point of view for the reader, nor from a personal "street cred" point of view. You wouldn't know about either since you use the entire stage, 52/wk high to 52/wk low so to speak, to showcase your prowess. I on the other hand, my prowess is determined every time I put on a trade. One or two trades matters not.

I'd never trade again if my bread and butter trading required dozens or multiples of dozens or even hundreds of points to determine if a trade is wrong.

Hows that latest "day-trade" long working out? End-of-day, end-of-week, end-of month, end-of-quarter might add some profit opps for you. Oh, never mind, none of that matters to you. Good luck!

at this time, I would ask that you no longer post in the journal.

 

[tiddlywinks]

at this time, I would ask that you no longer post in the journal.

No problem.

Before I disappear, my ego wants to take props...
I stated... End-of-day, end-of-week, end-of month, end-of-quarter might add some profit opps for you.

Good call tiddly!!

The OP has banished me from from this thread.
Good trading to all. Into the ET wilderness I go...

 

[Rickshaw Man]

What a little squirt up in the last 5 minutes of cash markets. Most called it a day after lunch. Sideways for the last few days, then ramp up in the last 5 minutes. Guess end of month and end of Q2 had something to do with it.