ES Journal - 2019/2020

Why do that when the momentum was up? Check the VIX before deciding the direction, I went long at the 50 DMA

 

You are 100% right. Its just a pajama party tonight, retail and algy's. Dumb, purely an impulsive short term contrarian play. That's why I closed it. Pretty obvious its creeping up. I should have closed it at 2947 tbh. Its not like I didn't see it too. Dumb.
Its a signature @Rickshaw night tonight.

 

25pts up, put a trailing stop on, no t/p target (might get to 3,011, the target on my other longs)

 

Haha, I've been there many times... you know it's wrong but do it anyway.

 

stopped-out at 2,955, +30pts

if current reversal continues, Symmetry is giving me a possible long entry at 2,897 (t/p 2,927, hedge/stop 2,885)

 

The reversal did not have traction, rumours have it that Trump himself will attend the trade talks and markets are taking this as a forthcoming mini-deal today, if it does not happen I expect all gains to evaporate

 

Remember King Trump has said he wants a big deal, not a limited one. King Trump is gaming the markets.

 

Creep mode up, due for a correction but as Yogi says..."It ain't over 'till it's over."

 

BTW, creep mode is a mild sloped directional move...many over lapping bars