half way back....50% retrace
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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https://www.marketwatch.com/story/t...-big-since-1933-11597337248?mod=mw_latestnews
Wow... bubble, bubble toil and trouble.
And we have all of these evictions, repossessions, bankruptcies and foreclosures coming up.
This is all pretty insane....thanks to the Fed. They have distorted the market beyond all belief.
Wow... bubble, bubble toil and trouble.
And we have all of these evictions, repossessions, bankruptcies and foreclosures coming up.
This is all pretty insane....thanks to the Fed. They have distorted the market beyond all belief.
No doubt. Remember - there were prominent people who thought it to be a bubble even pre-covid.
Long 3351. Stop @ 40.
Rationale: Weekly analysis says we have more upside to go and high odds of a close above 50 and most likely above 70. Meaning if we don't get a new High today - odds favour that we at least trade back to top of the range.
EDIT: Make that a stop @ 49. Will rather take a few stabs here if the stop gets hit.
EDTI 2: Flat B/E. Looking to re-enter around 50 or lower.
Rationale: Weekly analysis says we have more upside to go and high odds of a close above 50 and most likely above 70. Meaning if we don't get a new High today - odds favour that we at least trade back to top of the range.
EDIT: Make that a stop @ 49. Will rather take a few stabs here if the stop gets hit.
EDTI 2: Flat B/E. Looking to re-enter around 50 or lower.
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There's an open gap below at 3328 from Tuesday which could be a target on the day if we roll over here.
Wouldn't be pretty for the bulls if this should turn into an Outside Week to the low.
Wouldn't be pretty for the bulls if this should turn into an Outside Week to the low.
Rinse and repeat. 
This is not the equivalent of trying to catch a falling knife as was incorrectly attributed to me earlier this week. I'm buying into a key support level after I observe price slowing down there. I also have my weekly forecast which is bullish to aid my decision.
If 50 breaks - we'll probably see 40.
Headed out for a morning run now.
This is not the equivalent of trying to catch a falling knife as was incorrectly attributed to me earlier this week. I'm buying into a key support level after I observe price slowing down there. I also have my weekly forecast which is bullish to aid my decision.
If 50 breaks - we'll probably see 40.
Headed out for a morning run now.
Question:
Is anyone here using the DOM and/or T&S to any benefit?
Is anyone here using the DOM and/or T&S to any benefit?
Great question....and the Jigsaw trading platform looks to be the best in this category.
https://blog.jigsawtrading.com/100000-live-trade-video
I have the Jigsaw platform, actually. The T&S + DOM are a huge improvement from the native Ninja-stuff. I was tracking it for a while, but removed it as I was short on screen space.
But considering adding it back on. I'm usually not scalping for ticks, so not sure if it's useful for me. But it sure is fascinating and maybe it can offer some clues around tops and bottoms.
great trade there @Laissez Faire
I got in long before you by a few points and got stopped for -4 then missed the parabolic upmove
I got in long before you by a few points and got stopped for -4 then missed the parabolic upmove
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