ES Journal - 2016

Short it at 15:58 EST USA..

 

Not sure I can agree with that totally. While there are surprises, I think that TA used on longer term charts can many times point the direction of the trade.

 

oh yeahhhhh, TA predicts the future!
and reasonable stop losses cover the times where it's wrong.

 

It's the ratio between stop and target that makes or breaks most equity curves.

 

oh yeahhhhh, Risk Reward ratio!
don't wanna be any doubling down tranche fake trader.

 

out at b/e

not pleased i gave back so much...that twat draghi saying no more interest rate cuts did it.

 

IMO still scope to head higher. Daily cycle still on.

 

He is trying to policy align with FOMC.. And not go the way of Japanese. Otherwise banks get decimated with negative rates. Japanese are buying safes and hoarding cash n gold in their homes.

Main thing that is negative is global policy shift in terms of Europeans and USA. We are entering tightening cycle.

 

i went back long at 74

 

Now shall we have a trend day?