ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Lol, I suppose you are correct. So instead of getting steamrolled in a single day, the steamroller just mushes you flat over a looooong time, so the pain is spread out. I get it.
B1S2 is the guard, and the market is Austin Powers at the helm.
Yes like the frog in the pot slowly brought to boil.
Staying the couse, no stops, initial target 2,449
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Bad chart to use I think...Repost with a chart that is not a CFD, and shows the timeframe of the chart. Would be cleaner.
What does CFD mean? Anyway, here's a "line" chart, based on the closing prices (not high of the bar as you would see on the candle or bar charts).
That's better
I detect an undertone of "I told you so" but it's more likely that it will be me telling you. You went long on PA, I went short on reasons that the trade deal was fake, not a deal at all. I'm not a novice in the game... I trade on longer term views and hedge to cover sentiment swings, the likelihood of blowing the account or even suffering a loss on a melt-up is remote and, since I'm net short, even a 50% black swan flash crash or correction is in my favour and potentially can give me multiple $100k profits. So, be happy with your PA system and continue to win some, lose some. I, on the other hand, will continue with my longer term plays with 98% wins. If you wish to ignore my views, go ahead, If you wish to play the "I told you so" game, do it on 100pts flash moves, not on the 5-10pts as small points are quite insignificant to my trades and can reverse several times in a session.
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Your plan is always for the long term?
So we top out here in what you have been proclaiming a bear market for the last 7 months...and you decide to go long. I mean seriously B1.... what are you thinking(!)?
Here's the deal buddy.... if Biden starts picking up steam again, and he does as I say by picking Stacey Abrams as a running mate.... this market is going to see 2400 again. Easy.
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