ES Journal - 2019/2020

Status
Not open for further replies.
Hey guys!

This is my first actual post though I've been lurking for quite some time on the boards (especially this thread). I've just recently gotten back into trading / investing and wanted to say I really appreciate all of the contributions you guys make here. There is a ton of great material / fantastic calls if you are willing to read through it and keep up.

Wanna toss out some specific props (and I'll probably miss some sorry)...

@Buy1Sell2 (takes a lot of flack but always super respectful and quite frankly regardless of what anyone thinks of you - I'm thankful you created this thread)
@speedo (voice of reason / consistency)
@NQurious (High Priestess of HWB? :) )
@Laissez Faire (love the data / stats + level-headed mindset)
@schizo (entertaining Master of Flip & a nice guy with good insights)
@Spooz Top 2 (great ability to visualize the whole picture)
@SPYgrain (constant assessment / recognition of important levels)
@vanzandt (always throwing out other great non-ES opportunities)
@trdes (only recently caught your nick but won't forget it now after some of your recent calls)
@Sekiyo (levels and great charts)
@theapprentice (tenacity and accountability)

Again sorry if I missed ya I know there's a wall of others that really do try to contribute and be good guys so thanks to you as well. Just trying to give some credit where credit is do.

Hopefully everyone here can keep learning and growing - I know I'm definitely looking forward to continued activity here.

Happy Easter everyone!

Do you trade ES/MES primarily, also day or swing - Relentless?
 
Trump is no longer calling for much of the country to be reopened by May 1, instead saying he'll wait until the country is healthy. Markets not gonna like that.
I also thought the market would not like the unemployment numbers Thursday morning, yet /ES rose 100 points in less than 2 hours (8:15-10:00) when they were published. WTF? Was totally lost there. My short position hopes you're right, but having a difficult time understanding the markets reaction lately.
 
Markets moving up due to oversold conditions and some mitigation of the corona virus.....IMHO.
Agree it was oversold and indeed expected it to move up. However, what surprises me is the violence of the up move over the last 2 days. I didn't expect we would rally 300 points in a week. We're at the same level again as we were in June'19 and March'19 even though the economy is in much worse shape. I was long until 2600 and moved to short at 2700. Let's see what next week brings...
 
Markets moving up due to oversold conditions and some mitigation of the corona virus.....IMHO.
If my analysis is correct, we're likely to go down hard from here. We've finished the week exactly at the 50% Fib level and are also up against the trendline.

upload_2020-4-11_16-41-19.png
 
You'll need to take a better look at the numbers and not just of death numbers and ventilator shortages or government shortcomings. The folks who died have had Wuhan-19 for 1,2 3 weeks and more. To those who know how to gauge peaks of pandemics, the evidence is unmistakable. The peak is well behind us. ---Infections can still occur of course and so can deaths. Stay safe.---

Turns out you are not one of those who know how to gauge peaks of pandemics. If the peak was 'well behind' in UK two weeks ago it would at least have shown in total active cases today.
 
Status
Not open for further replies.
Back
Top