ES Journal - 2019/2020

[vanzandt]

What if cycles working/not-working is a cycle itself??
.

 

[zdave83]

As for FOMC, in my view, this is early signs they have LOST control.

In what way have they lost control ? It seems very much like they are in control ... for better or for worse

 

[Overnight]

And what happens this year? Oct 2, 2019? It becomes a damned 10+% surge into the end of year. Q4 2018 and Q4 2019 are polar opposites. The past two Januaries have been major up months. Will Jan 2020 be another one? Third time in a row? At record highs? In a primary election year? *shrugs*.

First post so go easy
...

I'll go easy on your first post ever to this forum, by subtly suggesting that when you quote someone on this site, you "QUOTE" them, rather than make it seem like it is your original typing. Thanks you very much.

FLOM.

 

[FXtrader8911]

I study TA very closely and am waiting patiently for the tell-tale signs of going into conservative mode very soon upon analysis of charts and other variables that say now is the time to take stock.

Depending on how this reply is taken, I’ll continue to contribute or isolate myself to my own thoughts ...

To sum up 2020 will be a downer, from around 2021 things will pick up big time and be explosive. The second stage of this cycle is going to be very, very powerful ...

Interesting

Do let us know when the signal forms... this signal "upon analysis of charts and other variables that say now is the time to take stock."

How long have you been trading?

 

[FXtrader8911]

 

[tiddlywinks]

In what way have they lost control ? It seems very much like they are in control ... for better or for worse

Lost control was too extreme. Call it a typo, sorry... LOSING control is appropriate.

In my view, the current Repo scheme is all about holding down short-term interest rates.
EOY produces a fuzziness, but once into the new year this ongoing, no end in sight, elevated Repo will take to the stage. Note: Repo is not QE! It does not, nor is it meant to "stimulate". It is a behind the curtain, under the hood mechanism for domestic AND foreign participants.

 

[syswizard]

Lost control was too extreme. Call it a typo, sorry... LOSING control is appropriate.
In my view, the current Repo scheme is all about holding down short-term interest rates.

A big event has just occurred: The yield curve has started to go back to normal, so who's going to take credit for that ? The FED, of course. They will be on their "high horses" until their next policy decision. Jerome Powell is now like Chris Hemsworth in Thor : invincible.
https://fred.stlouisfed.org/series/T10Y2Y

 

[FXtrader8911]

If your looking for a sure thing stay out of the markets...Markets are full of risk. I guess it was my mistake to assume folks posting on a traders website where actually traders.

Strange comment coming from someone that gave the advice to buy the dip as it is a sure way to profit, notwithstanding that a couple of posts after that brilliant advice, you said: "Can you tell me what the stock indexes will do next week? I sure can can't."

You seem to contradict yourself, yet you assume that someone telling you that it is not possible to distinguish between a "dip" and the start of a correction, is not a trader.

 

[Overnight]

Strange comment coming from someone that gave the advice to buy the dip as it is a sure way to profit, notwithstanding that a couple of posts after that brilliant advice, you said: "Can you tell me what the stock indexes will do next week? I sure can can't."

You seem to contradict yourself, yet you assume that someone telling you that it is not possible to distinguish between a "dip" and the start of a correction, is not a trader.

Don't fathom Rick, really. During the next correction he'll vanish, like he has for the last 4-5 corrections over the last 3 or so years. And will magically pop up again after the next correction and claim is it all clear and sunny skies for the longs. Until the next correction after that, where he will then again magically disappear. It is a pattern. Look for his posts in Q4 2018. It is eye-opening, both is rarety and lack of conviction. And he doesn't even trade live monies.

A fascinating study on someone who has seen this over and over again.

 

[Buy1Sell2]

---Merry Christmas to you---