ES Journal - 2019/2020

[trading_jean]

I am also worried about inflation but a friend of mine who has been a trader for decades says risk is small since demand will remain lower for a while. It's one of those areas I never completely understood: production vs demand vs money supply.

 

[SPYgrain]

2400 for what time frame? I think by mid summer to fall we could see sub 2000. Its so hard to predict because of the effects of money printing. Its hard to determine how much they skew the avg's.

for this particular swing trade - the selling on the close...60 min chart

 

[syswizard]

out +15

Nice come back.

 

[syswizard]

Crude couldn't maintain the 27 level today.....mostly hung in the mid-26's.

 

[Buy1Sell2]

The closing today was also a medium term buy signal. I see no reason to get out of my longs.

 

[Spooz Top 2]

The closing today was also a medium term buy signal. I see no reason to get out of longs.

So what isn’t a buy signal with your MO?

btw, I’ve gotta ask... what the hell is a swing room?

 

[Buy1Sell2]

Swing room is designed for golf swings. Higher ceiling etc and simulator/tracker installed. It's a fair piece from the main homestead.

 

[Spooz Top 2]

Swing room is designed for golf swings. Higher ceiling etc and simulator tracker installed. It's a fair piece from the main home.

In NYC we call a swing room Platos Retreat... fyi

 

[SPYgrain]

The closing today was also a medium term buy signal. I see no reason to get out of my longs.

probability is on the sell side near term - think we need to test 2400 area...imo

 

[theapprentice]

So what isn’t a buy signal with your MO?

lol