im in same boat. Working with the houses money now. Don’t know if I want to give up my profits knowing it’s likely we have already hit the daily range
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
im in same boat. Working with the houses money now. Don’t know if I want to give up my profits knowing it’s likely we have already hit the daily range
Still holding -- seems like the indexes are all cycling a bit differently today. Impressive reversal by the Russell.
Some additional seasonal info (bigger picture) -- for what it's worth:
https://www.cnbc.com/2021/09/10/jim....html?__source=sharebar|linkedin&par=sharebar
Some additional seasonal info (bigger picture) -- for what it's worth:
https://www.cnbc.com/2021/09/10/jim....html?__source=sharebar|linkedin&par=sharebar
Just held UPRO all day and exited at close -- small profit but nothing too exciting. Should have just had limit orders 10 S&P points below Friday's close as that was the low I was looking for.
Long 60.50. Stop @ 45.
In the event we'll see an Up Week - I think we put in the Week Low yesterday, but it's still possible we'll see a test of yesterday's Close (59.50) and lower on the Open. The economic number coming out in a few hours may shake things up, too.
But it's worth a lotto ticket from here. Tightening up a bit at this point in case I can buy again at lower prices.
But it's worth a lotto ticket from here. Tightening up a bit at this point in case I can buy again at lower prices.
I'd be surprised to see another dump at the open, but don't rule anything out. That would be 3 in a row. I'm patiently awaiting the numbers, and will evaluate in a few hours. We are dead smack in the middle of a channel on the 4 hour chart. I see absolutely no value here at this time.
Even if the market bottomed out - it won't necessarily be a V-bottom. It can take some time.
Scratched out of the prior trade for - 1,0.
Still leaning long - but better if I can get in again around 40/50.
Even if the market bottomed out - it won't necessarily be a V-bottom. It can take some time.
Scratched out of the prior trade for - 1,0.
Still leaning long - but better if I can get in again around 40/50.
yah, PA is definitely not indicative of a V bottom. But If we continue to drift lower here, I'll be a buyer near the open and looking for 20 points
Improved my entry @ 53.50.
Same bias. Leaning long above yesterday's LOD assuming the Week Low is in and willing to take a few stabs here, but well aware we could drop far lower from here, so being cautious...
Same bias. Leaning long above yesterday's LOD assuming the Week Low is in and willing to take a few stabs here, but well aware we could drop far lower from here, so being cautious...
Definitely a tougher read here which was my reason for exiting at close yesterday (and my entry on Friday was based on daily chart so I typically hold for the duration in that case). Ended up buying some ETHE early afternoon, some of which I'm still holding, which looked better than S&P at the time -- just trying to find the best macro theme and go with it.