ES Journal - 2019/2020

[volpri]

FOMC Meeting outcome....https://www.ft.com/content/116aa6f4-274b-4d90-aaa5-cda845931366
Will this spark ES up even further ?

Is dozzy cheering?

 

[tiddlywinks]

Needs to move down soon or I will pull the plug - maybe another 5 to 7 minutes

Mark Fisher on price in relation to time...

"If I buy something at 60 and I think I'm going to get out in 3 hours, and 30 minutes later it's still trading at 60, 58, 62... then every single stupid person in the United States can buy at the same price I wanted, how good could the trade be?"

 

[Laissez Faire]

odds for a lower LOD have to be 70% or better ..thoughts?

How do you arrive at 70 %?

Personally, I think the LOD is set. But if we do make a new LOD - I'm 99 % sure we won't trade below 43,75 today.

 

[Relentless]

How do you arrive at 70 %?

Personally, I think the LOD is set. But if we do make a new LOD - I'm 99 % sure we won't trade below 43,75 today.

Any specific reasoning as to why you prefer RTH low as opposed to Globex for the line in the sand?

Just curious.

 

[hafez50]

If we ever see another low its going to be choppy as hell to get down there

 

[NQurious]

Mark Fisher on price in relation to time...

"If I buy something at 60 and I think I'm going to get out in 3 hours, and 30 minutes later it's still trading at 60, 58, 62... then every single stupid person in the United States can buy at the same price I wanted, how good could the trade be?"

For the ES 40 to 50 minutes is typically what I need to see. And your quote from Fisher is an excellent way to say it.

 

[Laissez Faire]

Any specific reasoning as to why you prefer RTH low as opposed to Globex for the line in the sand?

Just curious.

Because that's when the big boys are playing.

It always made more sense to me to pay more attention to RTH, but I know there are differing opinions there too.

 

[Relentless]

Because that's when the big boys are playing.

It always made more sense to me to pay more attention to RTH, but I know there are differing opinions there too.

Got it. Thanks.

 

[Genevian Speculator]

1. what does RTH mean?
2. any idea why price goes sideways after we had reconquered and confirmed the opening price? usually its huge upside after it...

 

[theapprentice]

L 2875