ES Journal - 2019/2020

[vanzandt]

In times of GREAT UNCERTAINTY... a picture says a 1000 words.





Best keep some dry powder folks. Until the Pandemic's over.

 

[Laissez Faire]

NQ been a lot stronger this morning, but looks poised to set new lows here any minute.

 

[Picaso]

NQ been a lot stronger this morning, but looks poised to set new lows here any minute.

RTH, correct? But still way off the ATH lows

 

[Laissez Faire]

Everything seems to say "Sell" now, but with the strong counter moves so far, I've been having a hard time to commit to the short side - mostly taking quick scalps.

Wouldn't be surprised to see us put in the LOD here and trade up towards 2780 +, but it's a counter trend move at this point.

 

[nillionaire]

I think the market is acknowledging that was a weak deal.

Trump tweeted this morning the deal was really 20 million instead of 10 million. The market is telling us what the truth is.

 

[vanzandt]

Who is this guy named Max and how did he lose $250k ?

Max is a good dude. Trading a $1M (Canadian) account. $750K now I guess.
https://www.elitetrader.com/et/threads/i-got-this-one-wrong-guys.342981/

I think the idea is that he is being candid and honest about his situation. It is refreshing to see folks like that. Not like posters who post only their gains, but magically "forget" their losers in the course of a long thread.

Well said.

@Buy1Sell2 blocked me again lol ... .

He's still long.

With the pandemic over and the Oil cut agreement, we are now seeing a large overnight upmove in crude oil. It's up over 5% as we speak. We're headed higher in both Oil and S&P.

Dropping fast. Must be those teenage traders over in Houston.

 

[EON Kid]

In times of GREAT UNCERTAINTY... a picture says a 1000 words.





Best keep some dry powder folks. Until the Pandemic's over.

The most important chart to follow in MMT

 

[Laissez Faire]

Open gap at 2650. That's also 4,5 % down. Roughly.

Maybe.

 

[vanzandt]

Long $SYK at $170.74.
edit... out. BE.
Bad trade on a down day. Good stock though.

 

[hafez50]

And this am everyone thought 2850-2900. Nobody knows . I'm just scalping in here for 10-20 min trades till i see more weakness where i can hold a short longer . Amzn up $70 tells me there's zero fear.The greatest stock of the last 20 yrs is right back near ath's . We still have 3 $1 trillion co's after the greats shock in 90 yrs. Insane