ES Journal - 2019/2020

syswizard · May 19, 2020

Compared to yesterday, big tech (NQ) relatively strong vs. S&P 500 today.

Laissez Faire · May 19, 2020

Laissez Faire said:
Long 41. Stop @ 37,50. Targeting 2960 or more.

Stop @ 50. Risk free trade from here. Will see where the day takes us.

Could be an Inside Day. Could take out yesterday's High. Let's see.

EDIT: Stopped @ 50 for + 9,0.

I'm still thinking higher from here, but it's uncertain. Would be a bit surprised to see us sell-off and make a new LOD from here. Would have to get some news or negative comments from the FED people, IMO.

theapprentice · May 19, 2020

great trade, @Laissez Faire
super entry

Laissez Faire · May 19, 2020

theapprentice said:
great trade, @Laissez Faire
super entry

Thanks. I knew we were in a good support zone there. I might have trailed myself out too soon, though.

IB_Dude · May 19, 2020

IB_Dude said:
Short 50.50. Trade based on the premise that we are range bound until Powell and Mnchin's testimonies are done. So, I'm not necessarily bearish

edit: Stop: 57.50

Out -1.

Laissez Faire · May 19, 2020

We're still in the green for the day after a large day up yesterday. Currently flagging/wedging/consolidating.

Just not sure how much upside we can reasonably expect on a day like today. Had my eyes on 60-62 in the event we get an Inside Day.

If we can take out yesterday's HOD - maybe 2970?

But it's all very uncertain to me right now.

EsKiller · May 19, 2020

So own up to it....who stole the volatility ?

Short 52 stop 57

theapprentice · May 19, 2020

out B/E

vanzandt · May 19, 2020

Short Apple @317.50
100 shares.

EsKiller · May 19, 2020

EsKiller said:
So own up to it....who stole the volatility ?

Short 52 stop 57

add 48.5 full stop 51