ES Journal - 2023/2024

[schizo]

I was just commenting on your earlier post from a couple of days ago about a strange move after hours, you said you had never seen it before.

Oh that? ES actually shot up with the positive earnings from MSFT before the closing bell. But by the time Globex opened, MSFT gave a negative guidance and ES was already taking a nosedive from the get go. It tanked 30 points within the first 30 minutes.

But WTF? The damn thing shot back up next day as if nothing happened. So we're back to square one, and my target still stands at 4400.

 

[schizo]

These were 2-4 lots. It was part of a run to check liquidity and scaling code.
Short-long don't care. Trending, or chop, don't care. Crazy volatile, it steps aside.

Stops are hard, then variable and dynamic. Stops and reversal code was wacky, I THOUGHT. But it turns out it was correct. But I undid it and tried to manually manage. Code trades better than me! Additions were to monitor status better and found one bug. Getting close to set and watch mode. All is going pretty close to plan.

Have allocated plenty for the initial runs, representing low single % of total portfolio. So all is under control and within allocations. The trading road is long, and ends with I die! Don't need the income nor the capital. Just FYI: Down 6K for the month and it is not over.

So I see you're running an algo. They can go rogue on you, if you're not careful. Been there and done that myself. Anyway, thanks for the update.

 

[Cessna06P]

Oh that? ES actually shot up with the positive earnings from MSFT before the closing bell. But by the time Globex opened, MSFT gave a negative guidance and ES was already taking a nosedive from the get go. It tanked 30 points within the first 30 minutes.

But WTF? The damn thing shot back up next day as if nothing happened. So we're back to square one, and my target still stands at 4400.

4400? I doubt it. We will see, I will be the first to grant you respect if we get there. In the meantime there is the little thing of WW3.

 

[Buy1Sell2]

Today's close on cash generated a fresh buy signal. The key to trading is managing risk to reap the best benefit when right and take small losses when wrong.

 

[tiddlywinks]

Range bound... 3880 - 4080, until it isn't

Additionally, above 4090 places the action in the framing of the Dec22 highs around 4140.

Just a reminder if we get there... Intraday pricing and session closings are not necessarily the same things

 

[Buy1Sell2]

Monday and Tuesday also had cash closes that were fresh buy signals. I suspect that the reason that the range was rather small on Tuesday was that a lot of traders backed off until the systems were working properly.

 

[Cessna06P]

/GS just had a weird spike up and /SL didn't follow..... things that make you go hmmmm.

 

[Cessna06P]

/GC perdoname

 

[MarkBrown]

for the next 24 hours

Long Exit Price ...............: 4104.00
Long Entry Buy Stop ....: 4084.50
Long Entry StopLoss ....: 4064.75
------ Price @ 17:00 .......: 4065.00
Short Entry StopLoss ...: 4065.25
Short Entry Sell Stop ....: 4045.50
Short Exit Price ...............: 4026.00

 

[USDJPY]

for the next 24 hours

Long Exit Price ...............: 4104.00
Long Entry Buy Stop ....: 4084.50
Long Entry StopLoss ....: 4064.75
------ Price @ 17:00 .......: 4065.00
Short Entry StopLoss ...: 4065.25
Short Entry Sell Stop ....: 4045.50
Short Exit Price ...............: 4026.00

Are you Biff from Back to the Future?