ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. Overnight

    Overnight

    The markets resume a climb like we saw in 2017 with nary a pullback. Until the primaries happen. Then all hell breaks loose again.
     
    #12941     Dec 12, 2019
  2. vanzandt

    vanzandt

    Yeah no kidding.
    Sell the news.
     
    #12942     Dec 12, 2019
  3. zero risk.jpg
     
    #12943     Dec 13, 2019
  4. Buy the dips you can't lose.....so easy making risk free money $$$$$
    Just look at the hungry buyers gobble up the offers.
     
    #12944     Dec 13, 2019
  5. Spooz Top 2

    Spooz Top 2

    Plenty of Juice left in this Puppy.... Magnetized North bound moves provide strong currents!

    Fade the paper....
     
    #12945     Dec 13, 2019
  6. Yesterday and today offered some very nice dips. Everyone should swim with the current not against it.
     
    #12946     Dec 13, 2019
  7. Record this record that....and the FOMC has there foot floored. Unbelievable, no more discounts, everyone will pay higher prices.


    FOMC.jpg
     
    #12947     Dec 13, 2019
  8. themickey

    themickey

    Hmmmmm, I smell trouble coming shortly in La la Land.
    Something is brewing.
    Are you ready for when the SHTF? Might be a few days away, dunno, but there's mischief coming.
    8-preppers-stock.jpg
     
    #12948     Dec 13, 2019
    vanzandt likes this.
  9. That something is a weak trade deal with China. Trump initially said he would only do a "great" deal for the USA. Looks like that was B.S.
     
    #12949     Dec 13, 2019
  10. Nailed the ATHs and the positive close, but my technical model does not accurately track the euphoria/hysteria we're currently experiencing.

    I firmly belive that news usually accelerate/amplify market movements; not create them. So this would have been the outcome regardless of the trade deal tweet, although not as strongly bullish as this.

    FOMC turned out to be a non-event and the next least volatile day of the week.

    Anything can happen, but it's my firm belief that because of the year end effect and current euphora we'll print 3200 + by end of next week.

    Staying long, hier.

    PS: I may think this market is just as nuts as everyone else, but the market can stay irrational far longer than one may think. At this point - it seems like nothing really matters any longer, bad news are shrugged off and the market is really just dying to find just another excuse to burst higher. And it does. It's now just numbers on a screen and what difference does another 100 points higher from here make? Big picture it's peanuts, really.
     
    #12950     Dec 14, 2019
    Builder17 and FXtrader8911 like this.
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