ES Journal - 2019/2020

[Laissez Faire]

Long 70. Stop @ 60.

 

[Laissez Faire]

Stop @ B/E.

Was hoping for a run towards the HOD ++, but may be content with 85 if I can get it.

 

[David's faith]

The algo's are hell on those who don't know what they are doing, so is everything else for that matter.

Yeah I remember my first account.. every trade I took, the price would jump right into my stop. And I had no clue why. I was so frustrated I almost started smoking again (It got better when I commited to PA studying)

 

[Laissez Faire]

I'm not sure it have anything to do with algorithms. I'm sure it's been like this forever.

Besides, algorithms are as varied as everything else, so I don't think there's anything to generalize here.

 

[Laissez Faire]

It's quite possible that Monday will be a barn burner and put in the Week Low for a decent Up Week.

Week Low in place - most likely.

IMO.

 

[Buy1Sell2]

They key is getting above 3422 short term. I believe we will and also reach new ATHs. I believe that 4200 is in the offing. I always protect myself if wrong.

 

[Laissez Faire]

I believe we will and also reach new ATHs.

Not so sure about that to be honest. I think there's a very real possibillity that we put in the High for the year already.

I always protect myself if wrong.

That's always smart.

 

[speedo]

I'm not sure it have anything to do with algorithms. I'm sure it's been like this forever.

Besides, algorithms are as varied as everything else, so I don't think there's anything to generalize here.

The point you are missing and you are not alone is that the algo's are not based on some esoteric mysterious calculus but are based on traditional price behavior.

 

[Buy1Sell2]

Not so sure about that to be honest. I think there's a very real possibillity that we put in the High for the year already.

Could be, but I don't see it in obvious form just yet. My only interest is in the obvious movings

 

[vanzandt]

I believe we will and also reach new ATHs.

Too many small businesses going under.
See XLF today? Its still under $25.
Its been almost 2 months.

The massive upmove in financials that had it's beginnings last week is now afoot and is ready for an absolute explosion upwards.

That milk's gone sour B1.