ES Journal - 2023/2024

Done, probably: 10 RT for +300.

No trading manually. Switched from IB data and "broker" to CQG-Iron Beam midway in the AM. Found the infamous IB data is "crap" issue. (I put up a post in the Algo forum).

Enough changes and issues warrant not manually trading today. This Algo sits out on its hands when it gets like this.
 
lol to the Cessna fool who is last to know Powell speaks... he signaled a pivot when decoupling rates from labor mkt. You ppl trade?
 
Nice bullish day today. The monthly chart with January just completed now leans heavily towards a breakout of an IHS. For now I am going to stay long as it appears that higher prices are in the offing.
 
destriero said:
... he signaled a pivot when decoupling rates from labor mkt. You ppl trade?
More...
And it was a smart move on his part too. Let the dust settle for a bit. Too many able bodied people not working. That will change, no reason to increase wages now, they've already come up, companies have raised their prices on goods and services while demand hasn't dropped.

Time to let 'time' do its thing. Like I said last Fall, even though a gallon of milk that cost $2.50 last year costs $4 now... if it stays at $4, the new inflation rate goes to zero. That applies across the board on everything.
 
As I have mentioned before, the DMI on daily is certainly suggestive of a good ole fashioned rippity doo dah.
upload_2023-2-1_15-39-29.png
 
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