ES Journal - 2019/2020

vanzandt · May 6, 2020

order set for 50 more at 698.80

DAL continues to drop.

Edit... filled!
50 more at 708 and all in.

Builder17 · May 6, 2020

vanzandt said:
order set for 50 more at 698.80

DAL continues to drop.

Edit... filled!
50 more at 708 and all in.

Pennies in front of the steam roller looking extra shiny today?

vanzandt · May 6, 2020

Builder17 said:
Pennies in front of the steam roller looking extra shiny today?

Ahhh... I've seen this show before. I look at vwap and the volume on the 1 minutes.
It'll come back down. Its like TEAM... it jumps on zero volume.

Builder17 · May 6, 2020

vanzandt said:
Ahhh... I've seen this show before. I look at vwap and the volume on the 1 minutes.
It'll come back down. Its like TEAM... it jumps on zero volume.

Hope so, just looks pretty strong

vanzandt · May 6, 2020

Builder17 said:
Pennies in front of the steam roller looking extra shiny today?

Thats why I keep those positions small like that. If you bet the farm, you can be right as all get out and get margin called with a broker initiated cover on a spike. Learned that one long ago the hard way.

vanzandt · May 6, 2020

Builder17 said:
Hope so, just looks pretty strong

It does, it'll work its way back to vwap. But I underestimated its strength at $708

Relentless · May 6, 2020

vanzandt said:
It does, it'll work its way back to vwap. But I underestimated its strength at $708

That thing is a widowmaker in either direction just like TSLA.

#Fearless

IB_Dude · May 6, 2020

This is where the bears need to twist in the knife if they want it

syswizard · May 6, 2020

EIA report this morning showed mild reduction in gasoline inventories. CL popped $1/BBL on the news but immediately retraced the full amount. Crude remains extremely volatile showing a high of $26.08 and low of $22.58...now just above $23.00. 13 days remain till June contract settlement. Prices remain above $20 on the hopes of increased gasoline demand and increased space for WTI crude at the Cushing, OK terminal.

Genevian Speculator · May 6, 2020

hafez50 said:
Why the hell are you begging someone to unblock you?There's tons of great traders on here . Study many traders ways and come up with a plan that suites your personality .1000's of hrs watching this is the only way to learn . Nobody can fish for you . Only you can help yourself. Nobody knows more than yourself .

I'm a reversal trader basically and profitable but what I do is finding levels of support and resistance and betting that they hold or not. I have my methods on deciding by fundamentals and historic prices. He is doing intraday swings based on statistics along with price action which would be the next level for me. So I'm especially eager to learn from him as his addition seems more valuable to me then the scalpers and other styles present on this board.