I asked you a simple question. Prudent Risk Management dictates this. What target and what stop around 3949 entry point?
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
I asked you a simple question. Prudent Risk Management dictates this. What target and what stop around 3949 entry point?
I try to listen, but all we get is a conflicting message...
"Btfd all week.
But close before eod 7/26
We're gonna run into the July meeting, and then drop like a rock.
You can hold me to this post."
https://www.elitetrader.com/et/threads/es-journal-2021-2022.353736/page-658#post-5637170
So we are holding you to that post, but then you say to close by EOD today. Now you say get back in. Huh?
For the true futures traders out there, stay away until Friday. We have a lot of chrun to get through. The indices have a lot of data to work through over the next 48 hours.
The bottom? Hm…I don’t see it that way just yet. Both AAPL and AMZN will miss, AMZN will likely miss big time IMO. So this rally is likely a relief rally. But, I wish you luck on this call. Together these stocks represent 11% of SPX.
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I agree. Shorts are going to get caught offsides on the bigger timeframes like they always do.
That being said im looking for one more swoon down. Yet to see fear / capitulation selling. Once that hits ill be a huge buyer for likely rest of year.
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I wrote that post 2 Sundays ago going into last week.
I was right, aside from that short dip in the AM on 7/18.
Last Friday morning, I said "time to get out" and within an hour the market fell off a cliff.
At about 1:30PM est on Monday I wrote "time to get bearish again".... on the bounce. Again the market fell off a cliff.
As I have always said, my calls here are short term.
I never post on this thread unless I am 90% sure of the move.
My record speaks for itself.
The post in question, I specifically caveated with "long haul" which pretty much implies... long haul.
I have no idea where we'll be tomorrow morning, and that's exactly why I have not prognosticated a move in this thread for the reaction to the Fed. I'll let the dust settle, and go from there.
I hope that clears it up.
And quit feeding the trolls around here, thankfully B1 ran that clown--- the one that posts postage stamp sized charts with no symbol and no price---- off this thread. You follow the cat around playing into his hand. Like a few others here do, giving him the attention he so desires.
If he's a master of anything, he's a master troll.
Think about it.
Now... back to trading here. I spend too much time typing addressing stupid bs.
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and yes I did trade with this bias today. Still didn't do nearly as well as I should have. frustrating really need to work on execution and discipline.
Clear cut 15m / 30m Up N Handle came to fruition here... finally!
4055 Target .......
4055 Target .......
