ES Journal - 2019/2020

[schizo]

++2
Flip short 15.25 sl 21.25

The damn thing rallied over 35 points in the AH, and here I am eking out a measly 2 points. Wow!

Flip long 16.25 sl 14

 

[_eug_]

 

[schizo]

Flip long 16.25 sl 14

Flip short 17

 

[schizo]

View attachment 227293

The problem is you don't have the crystal ball. I do.

 

[schizo]

PA feels very different going into the Euro session tonight. Too anemic. Looks like this week's rally is finally coming to a close. If price does not reverse back up to its high, I fully expect a selloff for the RTH. Time to dust off my bear costume.

 

[theapprentice]

L 2909
stop at 99

 

[schizo]

Flip short 17

+10ish

Out 6.50

Wish I had more time. I see 95 coming soon.

 

[theapprentice]

closed BE.

 

[_eug_]

PA feels very different going into the Euro session tonight. Too anemic. Looks like this week's rally is finally coming to a close. If price does not reverse back up to its high, I fully expect a selloff for the RTH. Time to dust off my bear costume.

I'm with you, pac man is getting tired looks like.

 

[Builder17]

Automation?lol. The dude simply buys the mkt long on big dips and puts 50-100 pt stops in and simple physics says the mkt will rise 75% of the time unless it was like Feb were you got the crap kicked out of you and they ended some peoples careers .

If I remember right in late feb, early march he was assuming normal support would hold but traded with some large stop outs because of the extremity of the sell off going deeper to hit multi year lower zones. The stops probably could have been tighter if trading from the long side during then. I have no doubt a lot of people got it very wrong during that time period with too much leverage as well. From what I read, he doesn’t average into losers. However once you recognize why he chooses certain areas to enter and exit I think it becomes more clear that there is a plan.