ES Journal - 2021/2022

Laissez Faire · Dec 2, 2021

Nice strong trend this morning - market was moving so fast I got filled on 2 limit orders prematurely as I was moving them. If every day was like this I'd be rich.

Note: It's easy to think that this is it, but this larger up could be the part of an even larger down later today. Keeping yesterday's open in mind and the fact that we sold off 145,25 points high to low yesterday.

ElCubano · Dec 2, 2021

c1rcle said:
The market does what the market does, and the news tries to match events with what is going on to help people explain stuff they will never understand.

Sure, Omicron and the Fed would have freaked some people out which increased the severity of the movement, but there is a good reason people like Musk and Bezos closed huge positions a few weeks ago.

https://www.cnbc.com/2021/12/01/ceos-and-insiders-sell-a-record-69-billion-of-their-stock.html

Zodiac4u · Dec 2, 2021

NumberZ said:
I'm with @Buy1Sell2 on this one. FinTwit was all over this last night. That monthly candle is not the same price action as the September. September was outside down. November is a shooter.

Down goes Frazier!

If cash goes below 4442, then November-December will combine to be outside October. Meaning October low will test if 4442 on the cash doesn't hold.

Down goes Frazier!

@Buy1Sell2 nice call! Market genius!

Lol, how many FinTwits are still living in their parents basement? Markets are always right, but levels, patterns or tea leaves are as temporary as a daily barometer reading, its what we do with what we see and how much we collect at the end of the day that counts,

NumberZ · Dec 2, 2021

Zodiac4u said:
how many FinTwits are still living in their parents basement?

Certainly some good follows on twitter. I understand its not for everybody.

Zodiac4u · Dec 2, 2021

NumberZ said:
Certainly some good follows on twitter. I understand its not for everybody.

Lots of cons my friend, lots of cons, its hard to decipher which ones are good, they are but a few, Twitter is a Whale hangout also but they don't splash with the little fishes, there is one that I watch and its Andrew Ross, old time trader from New York, he lists his calls on ES, $SPY and stocks, he plays both ways, short or long, he is good, he uses my methods, but sometimes he gets carried away with projections on the markets or certain stocks, He only charges 4$ a month and he donates the cash to the homeless in New Mexico, His day trading calls are pretty much spot on, he does not chat or get involved with angles or systems, he's a New Yorker, he just does what he knows best.

NumberZ · Dec 2, 2021

Zodiac4u said:
Lots of cons my friend, lots of cons, its hard to decipher which ones are good, they are but a few,

Agree. Not unlike elitetrader. On fintwit I follow people with ideas that I am able to test for myself. I am learning. I don't know it all. Try not to act like I know more than I know.

Thank you for your words. Very wise.