ES Journal - 2019/2020

[vanzandt]

Out at 3040.75 for gain of 50.5 pts.

Staying long here at 2936....
Looking for 3090

I''m out at 3039 for a gain of 103 points.

 

[vanzandt]

I''m out at 3039 for a gain of 103 points.

One has to wonder how many new highs "bear topping action" includes.

 

[speedo]

One has to wonder how many new highs "bear topping action" includes.

It's a stealth bear market, very tricky stuff....acts just like a bull market.

 

[Builder17]

I don't know how long you've been "trading" (not investing), but this is what SCALPING is. On a low volatility day like today, this is how you play the market. Now quit criticizing how others should trade and start thinking of making money for yourself. Have a nice day.

PS. This is the reason I rarely post my trades here anymore.

you had some bigger winners a couple weeks ago, and obviously you’re able to tell what type of market and action and range is expected on different days. Why trade a day like today at all? Is there a big benefit to it, at least compared to your other trades? or do you actually prefer this type of action?

 

[schizo]

you had some bigger winners a couple weeks ago, and obviously you’re able to tell what type of market and action and range is expected on different days. Why trade a day like today at all? Is there a big benefit to it, at least compared to your other trades? or do you actually prefer this type of action?

Because it is sooooooooo predictable, at least in my eyes.

 

[syswizard]

Because it is sooooooooo predictable, at least in my eyes.

If the Emini market is so predictable then you should be on your way towards retirement soon.

 

[schizo]

Little Flash-Crash there?

 

[schizo]

If the Emini market is so predictable then you should be on your way towards retirement soon.

Nope. Gonna trade all the way to heaven.

 

[Bugenhagen]

Little Flash-Crash there?

Little, I'm glad I was getting out at target but.. surprising coming back to the screen hearing the alarm, Chile conference cancellation news?

 

[vanzandt]

Been a lot of lengthy consolidation periods in recent weeks.

Any good signals today?
Volume has really fell off the last 7 sessions. You'd think if this rally was for real we'd have had more volume. 1/4 point drop and sell the news....?
The tone may be a bit hawkish, or at least less dovish. Housing prices are still rising, pretty much out of reach for a lot of first time buyers. They have to slow that down. I think the economy is heating up again. I bet they're done for the year.
3034 .... Sell it?