ES Journal - 2019/2020

[vanzandt]

I'm long into the close. With a tight stop.
The herd is gonna run it.
Might be a nice nice short squeeze if it can get some legs.
One of those 50 point, 3:20PM Spooz specials.

The White House is trying, Dems will have to give a little.
Common sense. A deal will happen.
Trump's done with the steroids, he's back to normal. Trump normal that is.

Anyway, lets watch the show. I got a big bet to the upside here.

Blast off. Here we go.

 

[vanzandt]

uh-oh... that must have been news.
nice bounce back though.
must be good news.
I checked, no tweet from trump

 

[formikatrading]

I think it's time to "HODL" our long positions (to use a term from the bitcoin true believers).

uh-oh... that must have been news.
nice bounce back though.
must be good news.
I checked, no tweet from trump

 

[Gaslight Capital]

Dang it, Gaslight! You're going to eliminate my edge here!

Your edge is fueled by bear blubber. There is a never ending supply. The fires will keep burning as long as there are "talks" keeping "stimulus hopes" alive. But no stimulus, the bears will have their day.

 

[Overnight]

I think it's time to "HODL" our long positions (to use a term from the bitcoin true believers).

*shrugs* I've been doing that on this go around since Sep 4th on the MNQ. Too bad I let go of the MES trade so early. Dumped it for 17 points early in the week, rather than "HODL"...Would have been at 100 points gain today. Alas, the journey continues.

 

[syswizard]

Blast off. Here we go.

I'm showing lower highs and lower lows for ES right now. However, we could bounce off this 3460-65 level.
NQ painting a crazy, wild sine-wave pattern right now.

 

[formikatrading]

Overnight:

Keep your head up! I just keep failing forward.

*shrugs* I've been doing that on this go around since Sep 4th on the MNQ. Too bad I let go of the MES trade so early. Dumped it for 17 points early in the week, rather than "HODL"...Would have been at 100 points gain today. Alas, the journey continues.

*shrugs* I've been doing that on this go around since Sep 4th on the MNQ. Too bad I let go of the MES trade so early. Dumped it for 17 points early in the week, rather than "HODL"...Would have been at 100 points gain today. Alas, the journey continues.

 

[vanzandt]

I'm showing lower highs and lower lows for ES right now. However, we could bounce off this 3460-65 level.
NQ painting a crazy, wild sine-wave pattern right now.

Yeah I know. Its Friday though, its gonna get real erratic here in a few.
We could easily close at the HOD. Right now the elephants are fighting each other.
If it were gonna sell-off, those spikes would have triggered it.

I have a stop set at $346.12.
On SPY

 

[syswizard]

If it were gonna sell-off, those spikes would have triggered it.
I have a stop set at $346.12.
On SPY

Well Zandty, going with the QQQ's may have been a better choice. There was a nice 30 pt rally in NQ around 3:08 pm.

 

[vanzandt]

Well Zandty, going with the QQQ's may have been a better choice. There was a nice 30 pt rally in NQ around 3:08 pm.

Did you see SPY's run at 3:15?


See what I wrote at 3:10PM?

I have a stop set at $346.12.
On SPY

Look at the chart and check out where it bottomed in the last hour.
To the penny.

I cashed out on the way down after that first run at $347.
Scalped $0.15.
It was a big position though.
Should have not been greedy and taken $347... I was just getting ready to too.
Oh well.
Its been a good week.

Ya'll be good. Be safe.
Tell B1 I said hi... tell him to wear his mask.