ES Journal - 2019/2020

schizo · Apr 15, 2020

Noone123 said:
Maybe not, but sitting on TL. Place you bets for tmr.

Tomorrow we should see a nice drop to 2640.

hafez50 · Apr 15, 2020

For now just a pullback in an uptrend . The banks very weak . But several tech still strong . Very jiggly day.

Picaso · Apr 15, 2020

I think I'm going to let this sit for a while and then come back after it reopens see if I can place an overnight short (which would have worked last night, so probably it won't tonight, but well...)

hafez50 said:
For now just a pullback in an uptrend . The banks very weak . But several tech still strong . Very jiggly day.

Who are you and what have you done to B1S2?

(But yes, I'm surprised we didn't make new LODs)

Cessna06P · Apr 15, 2020

Hello All, I have been lurking on your thread a while so I thought I would join you. I monitor /ES on one screen and this thread on the other. It is quite enjoyable. I have been trading for a while but with less than spectacular results. At least I have not blown myself up yet. I have convinced myself that it is possible to be a winner at this game. It has taken a while but I am to the point where if I lose a couple of hundred on a trade it does not upset me. I am learning a lot from just following you guys. So I hope that I am welcome.

Buy1Sell2 · Apr 15, 2020

Buy1Sell2 said:
Long 2769.25 Initial stop 2741.00

Buy1Sell2 said:
Stop raised to 2757.00

Out at 2773.75 for a gain of 4.5 pts.

syswizard · Apr 15, 2020

Buy1Sell2 said:
Out at 2773.75 for a gain of 4.5 pts.

I am surprised you didn't bail-out at the 2790 level this afternoon.

Buy1Sell2 · Apr 15, 2020

I hold for extended gains. I only take the small ones when the full monty doesn't play out.

Buy1Sell2 · Apr 15, 2020

This was an absolutely fabulous cash closing today---- Look at the chart below and deny it--

syswizard · Apr 15, 2020

schizo said:
Yesterday, DOE announced they're working with the producers to lease out 23 million barrels of capacity at Strategic Petroleum Reserve.

This is just the start of a barrage of announcements from the government in regards to the crude oil crisis. Today they announced a program to pay producers to stop drilling. Next up: expansion of the SPR.
Any and all announcements meant to burn the shorts in the futures markets. Indeed, CL could not stay in the 19's today....4 pm close in the mid-20's.

nillionaire · Apr 15, 2020

syswizard said:
Exactly. Today's market "smells" of the Feds buying CL futures. After the EIA report, we should be in the 19's or lower....instead we are hanging in the 20's. Sniff, sniff.

Let's see what happens tonight. From what I've seen, Fed typically only props during RTH.