ES Journal - 2019/2020

[speedo]

Let's call it a snake market... it sneaks up on you, gives you a hell of a bite, then stares at you in defiance.

or

A fox market... can outsmart you every time with its quick moves

It's been a twitchy emotional market but as a hit and run singles hitter, all I care about is intra-day range and structure and that's been very good past several weeks.

 

[volente_00]

I see we are back to rainbows and lollipops.

Setting up suckers and jawbreakers

 

[Overnight]

I did and now banking the profits in after-market... 55pts on the S&P, 500pts on the DOW & 190pts on the NDAQ

I do not recall directing that question to you. But YOU magically bought at the bottom! Rock on Chicago, rock on London...Wheaties! Breakfast of champions.

 

[vanzandt]

Bloomberg
China Narrows Scope for Trade Deal With U.S. Ahead of Talks
By
Shawn Donnan
and
Jenny Leonard
October 6, 2019, 4:04 PM EDT


Chinese officials are signaling they’re increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump, ahead of negotiations this week that have raised hopes of a potential truce.


In meetings with U.S. visitors to Beijing in recent weeks, senior Chinese officials have indicated the range of topics they’re willing to discuss has narrowed considerably, according to people familiar with the discussions.


Vice Premier Liu He, who will lead the Chinese contingent in high-level talks that begin Thursday, told visiting dignitaries he would bring an offer to Washington that won’t include commitments on reforming Chinese industrial policy or the government subsidies that have been the target of longstanding U.S. complaints, one of the people said.

https://www.bloomberg.com/news/arti...-scope-for-trade-deal-with-u-s-ahead-of-talks

 

[Overnight]

So in other words, no deal incoming. I think the market has that priced in by now.

 

[FXtrader8911]

magically bought at the bottom

The power of SE limit orders, I gather you don't used them so it's magic to you, catching the trade for me. Same goes with trailing stops to catch the top.

 

[Overnight]

The power of SE limit orders, I gather you don't used them so it's magic to you, catching the bottom for me. Same goes with trailing stops to catch the top.

What is a "SE limit order"?

 

[FXtrader8911]

What is a "SE limit order"?

Same effect as a trailing stop but used to enter when markets start to reverse

Perhaps its something brought on by Wheaties! Breakfast of champions, that hasn't arrived to US brokers yet?

 

[Overnight]

Same offect as a trailing stop but used to enter when markets start to reverse

So that order type magically showed you the bottom of the move? An order-type did this for you?

 

[FXtrader8911]

So that order type magically showed you the bottom of the move?

Something like that... the order is set to trigger when there's a reversal of X pts... up to your ability to set the right "X" number. Won't catch the exact bottom or top but can get as close to it as the "X" number specifies