ES Journal - 2019/2020

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Well, I still think decent probability we sell off some today and or tomorrow, but don't have the balls, skill, or account size to risk holding through FED with any type of substantial position, so just going to go fully flat now and be thankful it got down to the ES target prior to FED.

There's always tomorrow to trade the reaction either way and I mainly trade intra-day anyways.
 
amsterdam said:
WTF is going on.....
Who's buying this shit....
Unreal....
More...


This has been common for both sides for a while, don't need a lot of buyers if people are short and no one is "currently" selling, as there is no supply for shorts to cover = higher prices.

Same way with longs if you notice when markets drop they often just pull the bid and make it difficult to get / stay long.

Than you get those hard and fast spikes up or down, rinse and repeat. It's more difficult to trade for sure, at least for me.
 
trdes said:
This has been common for both sides for a while, don't need a lot of buyers if people are short and no one is "currently" selling, as there is no supply for shorts to cover = higher prices.

Same way with longs if you notice when markets drop they often just pull the bid and make it difficult to get / stay long.

Than you get those hard and fast spikes up or down, rinse and repeat. It's more difficult to trade for sure, at least for me.
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I agree with you...
 
amsterdam said:
WTF is going on.....
Who's buying this shit....Unreal....
More...
Don't ever discount the Buy On Dippers, Robinhood traders, and the TINA crowd.
And....Just look at the Lumber futures.....totally crazy and frothy.
Bottomline: there's nothing but buyers out there right now.
That's going to change soon.
 
syswizard said:
Don't ever discount the Buy On Dippers, Robinhood traders, and the TINA crowd.
And....Just look at the Lumber futures.....totally crazy and frothy.
Bottomline: there's nothing but buyers out there right now.
That's going to change soon.
More...
I keep an eye on the lumber market, last I checked it was the 3rd best performing asset this year lol...it's so retarded it's comical!
 
syswizard said:
When, OH WHEN is all of this stupid buying going to stop for these marginal Chinese companies.....
Huawei, Ten Cent, Byte Dance, etc.
This is getting oh so crazy. 1999/2000 deja vue all over again.
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amsterdam said:
WTF is going on.....
Who's buying this shit....
Unreal....
More...
This is why I don't pay any attention to news or fundamentals SVZ. I really just don't want to know the "why". It's too much information.
 
Buy1Sell2 said:
I really just don't want to know the "why". It's too much information.
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Agreed. At least for a short term trader.

It's How which matters.

The Why is just the general backdrop which entagles the financial media and mostly everyone else after the fact. By the time the Why is known it's often too late to act and then it doesn't matter anyway.

In my humble opinion of course. :)
 
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