ES Journal - 2019/2020

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

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  1. volente_00

    volente_00


    I thought he is short at 2883 ?
     
    #3771     Apr 5, 2019
  2. NQurious

    NQurious

     
    #3772     Apr 5, 2019
  3. vanzandt

    vanzandt

    2819 i guess.
     
    #3773     Apr 5, 2019
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  4. vanzandt

    vanzandt

    What is an "initial" stop btw?
    I'm gonna have to read the SOP later.
     
    #3774     Apr 5, 2019
  5. NQurious

    NQurious

    He should have taken that 2789's when he had the chance for a nice 30 point take. I told him there'd be buyers there. He should have been one of them.

    Bollinger bands can be a useful indicator, but the indicator must not be mistaken as indicating anything more than it was designed to indicate, imo.

    https://www.bollingerbands.com/bollinger-band-rules

    "Tags of the bands are just that, tags not signals. A tag of the upper Bollinger Band is NOT in-and-of-itself a sell signal. A tag of the lower Bollinger Band is NOT in-and-of-itself a buy signal."

    BTW, long NQ at 90.75, with an 88 stop.
     
    Last edited: Apr 5, 2019
    #3775     Apr 5, 2019
  6. NQurious

    NQurious

    "In trending markets price can, and does, walk up the upper Bollinger Band and down the lower Bollinger Band."

    - John Bollinger
     
    #3776     Apr 5, 2019
    speedo likes this.
  7. NQurious

    NQurious

    "Closes outside the Bollinger Bands are initially continuation signals, not reversal signals. (This has been the basis for many successful volatility breakout systems.)"

    - John Bollinger
     
    #3777     Apr 5, 2019
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  8. NQurious

    NQurious

    Scratching here and waiting for the opening to settle
     
    #3778     Apr 5, 2019
  9. speedo

    speedo

    Not fond of all these overlapping bars, market need to develop some passion one way or the other.
     
    #3779     Apr 5, 2019
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  10. NQurious

    NQurious

    long NQ 91 stop 85
     
    #3780     Apr 5, 2019
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