ES Journal - 2019/2020

Status
Not open for further replies.
NQurious said:
Yes it is ... https://sentimentrader.com/ ... it is not mine and I am a subscriber. If this violates ET's TOS in anyway I prefer the mods delete the post rather than delete me.



Yes 7/30-31 I believe ... anything can happen, of course, but the technical set up I am looking at has a short term low either done on Friday or somtime between now and the next cash close. First target is simply a re-test of the ATH so that could all happen tomorrow and then the selling resume. Maybe the rally is in anticipation of the liquidity nozzle cracking open again and the fed somehow disappoints?

I'm not a fundamentalist trader for the most part, but the trade wars are having a noxious effect and if Powell doesn't show that he is willing to open the water cannons that spout money, then we are likely heading for yet another Republican spawned recession.
More...
I just signed up for a free 30 day trial on SentimentTrader.com. Thanks for the info!
 
Utah said:
Short again 2978.25 for 2971. Might fill this time.
More...

If the uptrend looked healthy why are you back in short? How the hell does a trend look healthy for 20 minutes, then look unhealthy again? That's just "winging it." It is not a trend, but noise.
 
Overnight said:
If the uptrend looked healthy why are you back in short?
More...

The short-term uptrend [movement ;)] was moving steadily up, and might just continue, but my gap-fill bias is quite intense tonight. It's worth the risk (to me) to short here, and if it fills, then great. If not, then not a big deal since my max loss isn't that great either. We still haven't filled on the ES, NQ, or YM.
 
Last edited:
Overnight said:
If the uptrend looked healthy why are you back in short? How the hell does a trend look healthy for 20 minutes, then look unhealthy again? That's just "winging it." It is not a trend, but noise.
More...

I think you're right. I shouldn't use the word "trend" when it's on such a short timeframe.

EDIT: Perhaps the better word is "movement" not "trend" under these conditions. It certainly isn't a "trend" in the sense that we understand the word.

My bad. Rewind and just hear me say "movement" instead of "trend."
 
Status
Not open for further replies.
Back
Top