ES Journal - 2023/2024

[Laissez Faire]

You must of misread my post, if you're saying we're above continuous contract high and you're right, than why would I stop posting, that means we did it. However, we are not above NQ continuous contract ATH yet. I am saying if we don't get above that I'll stop posting.

I know you think you're correct and that's fine. You do realize things like this are just a distraction and have nothing to do with actually making money, particularly from a day trading perspective. That's actually the more important point here.

Okay.

 

[Concinnity]

Okay.

It's actually a pretty good edge or at worst another confluence letting us know NQ is going at least 500-700 points higher.

 

[Overnight]

You must of misread my post, if you're saying we're above continuous contract high and you're right, than why would I stop posting, that means we did it. However, we are not above NQ continuous contract ATH yet..

The continuous contract isn't real, and the futures are not "the market". The underlying index is the market, and they have hit ATH. That is why everyone is saying it.

 

[Concinnity]

The continuous contract isn't real, and the futures are not "the market". The underlying index is the market, and they have hit ATH. That is why everyone is saying it.

It does not matter when it comes to making money, that is the point. I've learned a while back that most things people say regarding trading as a whole, particularly intra-day trading is incorrect.

The odds that we take out the continuous contracts high are very high. Ill stop short of saying guaranteed. People have been looking to short or make a thesis off of what you stated, they are more than than welcomed to. It's a waste of time and an analysis. Just provides more fuel for the upside.

 

[Overnight]

It does not matter when it comes to making money, that is the point. I've learned a while back that most things people say regarding trading as a whole, particularly intra-day trading is incorrect.

The odds that we take out the continuous contracts high are very high. Ill stop short of saying guaranteed. People have been looking to short or make a thesis off of what you stated, they are more than than welcomed to. It's a waste of time and an analysis. Just provides more fuel for the upside.

Well, I was actually answering this question..."Why does everyone keep saying markets have hit ATH's?" but I responded to that from a different post you made.

 

[Concinnity]

Well, I was actually answering this question..."Why does everyone keep saying markets have hit ATH's?" but I responded to that from a different post you made.

I understand now and that makes sense.

 

[Concinnity]

17495.50 minimal but most likely 17703 NQ. That's via taking 30 seconds to 1 minute of looking at a chart. That's all it takes, it really is that simple.

 

[mervyn]

went short last night and will hold for the drop. on a separate instrument, cl 68-70 puts are profitable this month. the red sea lane is trouble but can’t go long until brazil joins opec on jan 1.

 

[p0box4]

17495.50 minimal but most likely 17703 NQ. That's via taking 30 seconds to 1 minute of looking at a chart. That's all it takes, it really is that simple.

Any timeframe for this call?

 

[theapprentice]

gonna close the YM at 38k - probably tonight