ES Journal - 2019/2020

[FriskyCat]

Compared to the last few weeks or the long term average...? And what's the complaint? Lack of follow through or momentum?

A 30,50 point range would make this the lowest RTH range since this sell-off started, but still well above what one would expect in 'normal' times. And still making decent swings here, although it's choppy.

But yes, I surely can sympathize. And I have been wondering if I, myself, would be better suited to trade an instrument with more momentum. ES is an instrument that while highly liquid does retrace and backfill a bit too much for my taste.

It's all relative to one's personal preferences. I'm not really making an objective analysis of it, just spitballing in agreement with Schizo.

 

[syswizard]

CL zooming back to the 20's. Did I miss some news or what ? Short covering ?

 

[Picaso]

CL zooming back to the 20's. Did I miss some news or what ? Short covering ?

IMHO just bouncing a bit, but still looks weak

 

[wave]

Why do certain individuals delete their posts when they were obviously wrong?

 

[hafez50]

Movement very slow . I'm always wary of shorting slow days . I'm trading both ways but looking more for long bounce scalps.

Like i said the long side . On slow grindy days always lean for long scalps as everyone and there brother is shorting and there's many squeeze app's.

 

[wave]

Short above 2783, target 2765

 

[hafez50]

Why do certain individuals delete their posts when they were obviously wrong?

Thats why i really don't post trades .I did post yesterday i was shorting. It does no-one any good and there's a ton of bs on these boards. I try to post info that will help people become better traders on there own.

 

[Hooti]

Why do certain individuals delete their posts when they were obviously wrong?

Bighog used to delete almost all his posts. He was a good trader.

 

[Laissez Faire]

Why do certain individuals delete their posts when they were obviously wrong?

Who did that...?

I've seen a few things over the years. Another common one is to praise winning trades and let losing trades pass by in silence.

 

[trdes]

CL zooming back to the 20's. Did I miss some news or what ? Short covering ?

20'ish I'd imagine is the level they want to support. Some people here are saying fundamentals are just too bad and intervention won't matter. Could be the case, I was just commenting on how impressively they held the markets recently and also how well they have supported the EURO for years. So, it wouldn't be shocking for them to hold CL although I don't believe in it enough to go long CL.