ES Journal - 2019/2020

[syswizard]

ES dropped after hours by 6 points pretty quickly. Was it AMZN's earnings report or something else ?

 

[vanzandt]

ES dropped after hours by 6 points pretty quickly. Was it AMZN's earnings report or something else ?

Yeah probably.
Intel did did well though.
I would say more mixed signals, but AMZN's revenue was still solid. We should bounce back up.

 

[Overnight]

Stop raised to 2993.00 Current pricing is 3006.25

We still don't know what your target price is.

 

[schizo]

How one defines "trend" makes all the difference.

Regardless, the last 2 days each had approximately 16 handles of RTH linear range. Hardly worthy of "complete intraday trend reversal" excitement, imo.

Just don't tell me you didn't see it coming when the market in fact goes south. LOL

 

[themickey]

Just don't tell me you didn't see it coming when the market in fact goes south. LOL

'Schizo', Just don't tell us you didn't see it coming when the market in fact goes North.

 

[tiddlywinks]

Just don't tell me you didn't see it coming when the market in fact goes south. LOL

Trends, retracements, and reversals, all have a beginning, a middle, and an end.
Unfortunately, confusion in identification of trend, retracement, or reversal occurs very often.

 

[syswizard]

Unfortunately, confusion in identification of trend, retracement, or reversal occurs very often.

This should help with regards to retracements vs. reversals:
https://futures.io/traders-hideout/48890-pull-back-vs-trend-reversal-5.html

 

[Rickshaw Man]

So Trump got his way, FOMC cut rates. Now that is not enough Trump wants negative interest rates.

 

[syswizard]

So Trump got his way, FOMC cut rates.

Was there an announcement or what ?

 

[Buy1Sell2]

Buy1Sell2 said:
Day/swing trade long 2990.25 Initial stop 2971.00
Buy1Sell2 said:
Stop raised to 2988.00 Current pricing is 3012.00
Stop raised to 2993.00 Current pricing is 3006.25

Continuing long here with same stop. Pricing is currently 3013.00