ES Journal - 2019/2020

[Buy1Sell2]

Current move should run us back up into the 2950 area in a few days.---Staying long. ---Then I look for a challenge and break thru of 3000.

 

[Relentless]

Thanks bro..it seemed reasonable & greater than 75% (maybe 85%) probability..but I will defer to NQurious on precise numbers if he cares to chime in on this...

Or maybe our other stat guy @Laissez Faire?

 

[schizo]

Long 25.75 sl22

-4ish

Flip short 22 sl 34 pt 01

 

[NQurious]

My stars are lined up and they point 2840.

Long 25.75 sl22

You had better check your telescope. Seems a bit out of focus right now. We should pullback here to 2815 down to 2804 before she has enough coffee in her for another leg up. But she sure does have some legs, doesn't she?

If higher I don't think she stops at 40. She stops near 45, and yes, maybe up to 50-51 ... Or maybe she just goes and takes a nap. Who knows?

Would you believe I pull all these numbers out my a$$ and they just happen to work?

@Overnight claims it is magic.

 

[theapprentice]

L 24
stop at 18

 

[speedo]

You had better check your telescope. Seems a bit out of focus right now. We should pullback here to 2815 down to 2804 before she has enough coffee in her for another leg up. But she sure does have some legs, doesn't she?

If higher I don't think she stops at 40. She stops near 45, and yes, maybe up to 50-51 ... Or maybe she just goes and takes a nap. Who knows?

Would you believe I pull all these numbers out my a$$ and they just happen to work?

@Overnight claims it is magic.

Thoroughly unrealistic series of "random" coincidences.

 

[IB_Dude]

Not for the longs.

I felt everything lined up for longs this morning. VXX was overbought and sitting against resistance (Figure 1).

ES was oversold on the shorter time frames (<15 mins) and sitting at key areas (2783). It eventually got oversold on the 60 min too. A few stocks I liked were sitting against the bottom of a trading range, couple that with the volume spike we saw yesterday on /ES (Daily), I had a long bias.

But the strong dip to 2760 had me question the alignment of those stars. I missed the early run on ES because I was looking for 2753.50, but I positioned myself long with options. If the bullish momentum holds within reason, I'll be looking long tomorrow. So...that means the market will go blood red tomorrow.

 

[Laissez Faire]

lol, indeed.
My guy bought close to the low tick and is still holding!
Like an idiot, I traded my own ideas today!! Death by a thousand cuts.
More luck tomorrow!!

Who is your guy? And don't you normally trade your own ideas?

I was only short this morning and called it a day after banking some $$$ as I had other stuff to deal with. Missed this rally completely.

 

[IB_Dude]

Basis cash SPX beast number for tomorrow is now a close above 2824

If you're sharing, I wouldn't mind knowing what beast number means

 

[theapprentice]

Who is your guy? And don't you normally trade your own ideas?

I was only short this morning and called it a day after banking some $$$ as I had other stuff to deal with. Missed this rally completely.

Just some guys I met some time ago and trade with in a private room (not everyday). They are next level good, but don't relaly share. It's just amazing to watch them. (also a bit sickening to watch them make my year wage in an hour!)
Yes, I always trade my own ideas. Although when i've lost too much money, I copy them for a few days to make it back lol
Rest assured, all posts HERE are my own trades! haha