ES Journal - 2019/2020

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

Thread Status:
Not open for further replies.
  1. vanzandt

    vanzandt

    Send Magna a thank-you B1.
    ....Deez is gone.

    Now... lets get back to the #1 trading blog on the world wide intrawebs.
     
    #13671     Feb 25, 2020
    Buy1Sell2 likes this.
  2. Sekiyo

    Sekiyo

    We should pull back around 3130
    Then maybe head towards 3175
    Or if we’re still bearish : 3075

    Got to cover on pull back.
     
    Last edited: Feb 25, 2020
    #13672     Feb 25, 2020
  3. themickey

    themickey

    I have an affinity toward shitstirrers otherwise what else is there to talk about?
    Like a train wreck, people are drawn to it, unfortunately I don't know how to make money from it.
     
    #13673     Feb 25, 2020
    vanzandt likes this.
  4. FriskyCat

    FriskyCat

    Deez got the boot? Sure he was pretty obnoxious, but nothing out of the norm for this place. Heck there's at least a dozen versions of him running around this place at all times.
     
    #13674     Feb 25, 2020
  5. themickey

    themickey

    ASX Mkt closed down very bearish, and -2.3%, so that isn't a good sign of a turnaround yet.
     
    #13675     Feb 26, 2020
  6. ES not looking strong right now. I'm thinking we've got one more wave down before some short covering occurs. Wednesdays session sometime might be a good short term buying opportunity.
     
    #13676     Feb 26, 2020
    jl1575 likes this.
  7. Sekiyo

    Sekiyo

    Not sure.
    Still short but 3120 looks like a 3rd leg low.
    And today’s upside potential looks more appealing than downside currently.
     
    #13677     Feb 26, 2020
  8. Sekiyo

    Sekiyo

    upload_2020-2-26_6-38-18.png
    However there ain't much volume at the top.
    And volatility is decreasing on the way up.
     
    #13678     Feb 26, 2020
  9. I can't post charts, but I like to use Elliot Wave when the waves are obvious. Wave 1 down Thursday Feb 20 followed by Wave 2 retracement. Wave 3 down Sunday night into Monday followed by Wave 4 retracement. Wave 5, Tuesday, can be characterized as the selling climax. You should start to see buying in this area.

    Only reason I say one more small wave down is this accumulation zone doesn't look particularly strong. I like to use 5 waves for elliot wave, but when trends are strong, throw that out the window and the waves keep on coming.
     
    #13679     Feb 26, 2020
    jl1575, FriskyCat and Sekiyo like this.
  10. Sekiyo

    Sekiyo

    I don't like trend line neither.
    Or just for entry precision.

    Because we can break both of them just to make a pull back.
    And continue way higher than we're currently at.

    I like waves but I don't use Elliot ones.
    Let's see ^^
     
    #13680     Feb 26, 2020
Thread Status:
Not open for further replies.