ES Journal - 2017/2018

I believe the concept of PPT was founded by JP Morgan to save the market crash of 1893. The big boys come in to act as uber market makers in order to stave off panic.

 

More like a 350 pt stop with numerous chances to get out for -100 pts in losses.

 

Ball in High Grass...... LOST!

This is documented Fact, B

 

The guy is beyond help. Obtuse comes to mind.

 

Thank you , FC... This is what I`m talking about!

 

I'm on his ignore list, since he seems perfectly suited to hear the sound of his own voice.

 

I`m sitting ATM/ At The Money on a week long swing trade & he wants to hold my feet to the fire with a hard stop while I have more to buy..... There is the Hypocrisy, Right there, While he is still long from 2925!!

Nuff Said!

 

I remember connecting hourly ES lows from 12/6 thru 12/10 and thinking, "outside chance it connects", but realistically seemed far fetched (week of FOMC). Now we are beneath the channel line.

 

One correction. He did take the loss on the rollover to March, but if I remember correctly he promptly went long again somewhere in the 2700's.

 

Doesn't appear that we will make much headway upwards today. I do like the look of the 15 min bar right now for a long however. I'll hold my position until closing albeit a bad trade overall at the moment and then get back at it after the holiday.