ES Journal - 2017/2018

Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.

  1. Buy1Sell2

    Buy1Sell2

    Quite possible
     
    #1401     Mar 28, 2017
  2. Buy1Sell2

    Buy1Sell2

    Pricing currently 2352.50. Staying long with the same stop for now
     
    #1402     Mar 29, 2017
  3. EsKiller

    EsKiller

    as the market moves straight up without any pullback over a period of days or even weeks, like it did after the Trump election, volatility tends to contract in an uptrend. Now this makes swing trading easier, but it makes scalping much tougher......at least for me.
     
    #1403     Mar 29, 2017
    JefeTrader and Buy1Sell2 like this.
  4. Buy1Sell2

    Buy1Sell2

    There is no obvious reason to be short right now other than grabbing small gain counter trend trades.
     
    Last edited: Mar 29, 2017
    #1404     Mar 29, 2017
  5. Buy1Sell2

    Buy1Sell2

    If I get an obvious sell signal, I will change my viewpoint. But my belief is that we head higher in the coming days---perhaps even today but I don't know.
     
    #1405     Mar 29, 2017
  6. Buy1Sell2

    Buy1Sell2

    At the moment, the infamous 49.50 area has held as floor, but it's too early to totally conclude that. --A lot of time left today--More than 2 hours.
     
    #1406     Mar 29, 2017
  7. Buy1Sell2

    Buy1Sell2

    Cash got over the 2360 hurdle that was described yesterday and now we need to get over 2364 . If we do that, the next challenge will be at 2383.00 and then at 2391.00. ---Staying long here. --Cash is 2360.65 currently.
     
    #1407     Mar 29, 2017
  8. Buy1Sell2

    Buy1Sell2

    Back to ES analysis, we're a point and a half away from punching through the day's high. That would be nice to do that and stay above it heading into Volente's T day.
     
    #1408     Mar 29, 2017
  9. Buy1Sell2

    Buy1Sell2

    What we don't need is for the market to fall and break through that 49.50 level again---and there is plenty of time left for that to happen.
     
    #1409     Mar 29, 2017
  10. Buy1Sell2

    Buy1Sell2

    HOD proving to be somewhat tough nut to crack. Still got an hour--
     
    #1410     Mar 29, 2017