ES Journal - 2019/2020

[speedo]

Not much meat on the bone last week and a half.

 

[syswizard]

Not much meat on the bone last week and a half.

Today the market made a good recovery from the trade talks announcement. Looks like it's getting less sensitive to the trade news. NQ nearly erased all losses at the close.

 

[Laissez Faire]

Today the market made a good recovery from the trade talks announcement. Looks like it's getting less sensitive to the trade news. NQ nearly erased all losses at the close.

The gap fill below and ensuing recovery was in play for today regardless of those news. News typically only amplify/accelerate the movements, IMO.

Unless of course the news actually are a game changer/big trigger. Usually, they're not.

 

[Overnight]

Today the market made a good recovery from the trade talks announcement. Looks like it's getting less sensitive to the trade news. NQ nearly erased all losses at the close.

Negative. It is getting even more sensitive to trade news that matters very little. Re-read the story about today, and see through the BS. "Could be delayed" is not the same as "will be delayed". This market is at a teetering point. Earnings season now winding down this week, we're at ATH...Any little blip the market sees as a permanent detriment to growth outlook is going to hit hard.

 

[schizo]

Negative. It is getting even more sensitive to trade news that matters very little. Re-read the story about today, and see through the BS. "Could be delayed" is not the same as "will be delayed". This market is at a teetering point. Earnings season now winding down this week, we're at ATH...Any little blip the market sees as a permanent detriment to growth outlook is going to hit hard.

I actually would welcome some HFT insanity. Anything is better than this dud market.

BTW is anyone trading the Ag or Currency futures?

 

[Overnight]

I actually would welcome some HFT insanity. Anything is better than this dud market.

BTW is anyone trading the Ag or Currency futures?

Geez, sorry you are so bored in equities, or whatever else you are trading. How about some RBOB to tickle your fancy? Never a dull moment there.

The following is a typical dull day in RBOB.

Ags? He's some near-limit-lock action in lean hogs over the past two days.

There are plenty of "not-dull" markets out there every day.

And if you are looking at FX futures? Keep your eye on 6B. That will get raucous again as the next Brexit vote nears. Look beyond whatever it is your are looking at. Never a dull moment! Yesterday, GC stole the spotlight. Today GC sucked, but energies were in vogue, along with pigs.

 

[tiddlywinks]

anyone trading the Ag or Currency futures?

ZL (bean oil) and KC (ICE coffee).

FWIW, IMO, From a long-term perspective (weekly and/or monthly), both appear to be bottoming out... IMO

For intraday trading, I trade ZL fairly often. I monitor softs for intraday quickies.

 

[vanzandt]

. I monitor softs for intraday quickies.

Was it an injury?

 

[schizo]

There are plenty of "not-dull" markets out there every day.

I didn't exactly mean crazy markets.

Actually, I've traded both Energy and Metals to know how volatile they can be. Lately, I've been eyeing the Pork and Cattle. Pretty decent actions.

 

[vanzandt]

Lately, I've been eyeing the Pork and Cattle. Pretty decent actions.

Intraday quickies?