I appreciate the admonition. I'm already on 4 though----I am going to stay with it.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Odds are, whatever price you are looking at, you will see both higher and lower prices as the session develops.
They don’t call me an “ATM” for nothing. Wait a minute... Just what do they mean by calling me an ATM?
... Bastards!
An expectation of an up move is reasonable, and certainly in the direction of the trend, but on my swing trading timeframe, the reward/risk is not impressive. For now, I’ll continue do my “Poor man’s” gamma scalping which benefits when the market trades in a range.
Out at 3915.25 for gain of 12.25 pts.
Not sure what to think of this area. Higher time frames showing me its best to wait for consolidation or a dip before entering. Traders need to see this 'not failing' before they get in I believe. Its obvious we are headed to 4k, but its not obvious how many handles down it gets first
If I was to guess, daily and weekly show us 4k is more than likely next week. I think we might be at the end of this uptrend for the week
If I was to guess, daily and weekly show us 4k is more than likely next week. I think we might be at the end of this uptrend for the week
Near term we're gonna flood the country with money. I was reading about all the ways these trillions are going to be spent. You can bet the economy will be on fire this summer. Good luck getting a new house built or any construction for that matter if you haven't already signed a contract.
Everything's going to be more expensive too. Everything. So near term, boom-time, long term.... recession? Beats me. I do know the 'velocity of money' this summer (is that an economic term or just a VZ term?) will hit an all-time high.
Everything's going to be more expensive too. Everything. So near term, boom-time, long term.... recession? Beats me. I do know the 'velocity of money' this summer (is that an economic term or just a VZ term?) will hit an all-time high.