ES Journal - 2019/2020

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

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  1. NQurious

    NQurious

    Yeah ... how can anyone make money out of a 20 point range :rolleyes:
     
    #7681     Jun 26, 2019
  2. Buy1Sell2

    Buy1Sell2

    can't make money with 100 contracts and a 3 point profit target?
     
    #7682     Jun 26, 2019
  3. NQurious

    NQurious

    Sure you can ... I was being sarcastic. Sysdullard was bemoaning today's "small range" ... looked like a pretty tradable range to me.
     
    #7683     Jun 26, 2019
  4. speedo

    speedo

    :D
     
    #7684     Jun 26, 2019
  5. there going run this back up..

    buying 17.25

    4 pt stop
     
    #7685     Jun 26, 2019
  6. initial trgt 2930
     
    #7686     Jun 26, 2019
  7. speedo

    speedo

    Yep, no opportunities today...not at the initial resistance at the descending 90, nor any of the lower high entries. Trading is tough if you don't know what you're doing.
     
    #7687     Jun 26, 2019
    NQurious likes this.
  8. speedo

    speedo

    upload_2019-6-26_19-30-43.png
     
    #7688     Jun 26, 2019
    NQurious likes this.
  9. The term structure of options on most financial futures contracts are implying there will be major movement next week. Xi and Trump meet on Saturday at the G-20 meeting. Trade deal or not, I see myself getting involved on the short side in equities early next week.
     
    #7689     Jun 27, 2019
  10. NQurious

    NQurious

    Looks like we get another push lower between today and tomorrow. $SPX would gather the most fuel for the next leg up by closing on it's low again today, making a lower low tomorrow ... the closer to 2880 the better, and then reversing up to close tomorrow above today's close. That is all me thinking out loud though. The most certain bear case is, imo, simply another push lower today ... and quite possibly not get much below 2909, and then the reversal. But a close at/near/below yesterday's close would be the set up for an end of week buy signal, imo.
     
    #7690     Jun 27, 2019
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