ES Journal - 2017/2018

As an aside--no gap was created today as the open today was within yesterday's range.

 

Likely green by days end.

 

And you need a 9% move higher just to get a scratch on your position long.

 

Turned out very correct here from this exact point in time.

 

I like the way this market is behaving today.---Nice gentle ups and downs as the market continues constructing a foundation.

 

I look for a vigorous rally from 3:22 PM until closing today.

 

You just can't see what's right in front of you which is a market that keeps making new lows and is down well over 300 points from the high now. Why not just admit that you were wrong and still am?

I have alway thought Pekelo have been a bit hard on you, but this is really starting to sound silly. Considering your wide stops - why not wait for the market to build that base instead of trying to guess it and catch the exact bottom?

 

It would be hard to imagine that we would fall as far as 2535 Cash. We'll see. I am betting we won't. One thing you have to remember is that I can hold positions a long long time since I keep 20 percent or less of my TLNW in trading accounts and keep my leverage low (2 times) on position trades.

 

What would be silly is adding to the position. I never do that.

 

Why 3333 ….