lol just like that massive selloff you called for yesterday....
out of 50% at 89.5 stop moved to BE on balance
Right now the market is just getting push around because of the illiquid markets. I think it will take until mid sep to see where we are really...
This PA is a lot like last week, ES hanging around the 65 area as NQ weakens... ES should be below 60 but yet again holding on.... Long NQ...
1868 area is the 61.8 retracement of the 1800 to 1977
Payroll week, ES usually goes up, according to a former great poster.... Have a great weekend everyone...
there is a lot of res around the 1280 level, may have to wait till tomorrow to get through.... R1 daily tl and your weekly...
The daily tl that was support before we broke this week, we are not hitting it as resistance....
ES wants an excuse to go up......1 of 2 things needs to happen this afternoon. Oil need to close lower at the 2:30 close or/and nq needs to...
Its summer and liquidity is not there so things can be pushed around. This pa reminds me of how it traded before it took off from the 1800 level....
What do you think of this NQ pa?
ES not reacting to 6 oil increase is an indicator. It tells me there is a very good chance es will head up later, like I said in my other post...
oil up $6 and es not falling.....very interesting just goes to show oil is not the es driver today.
NQ just hit the 20d ma, the 50day is within reach that would be around 1880 so that is a good buy. We will see if the target was the 20....
Someday you watch oil to get an es signal, today watch nq, when that one is allow to go then es will try for 80... If they can get nq into the...
Even with oil up 4, es wants to go up. NQ (technology) seems to be the one holding it back. NQ very weak at this point.
nice work and great journal, looks like that is going to be a nice fill...
This is a hard market to get a feel for today. Yesterdays trendline break is now resistance.... Before I take a stupid trade I am going...
The point is, by playing your full position all the time (no diversification), the % will get you eventually and take you down with an expected...
same thing... Managing unexpected events is part of money management
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