ES Journal - 2021/2022

Discussion in 'Journals' started by Buy1Sell2, Dec 15, 2020.

  1. Spooz Top 2

    Spooz Top 2

    Big Tell….. Oooofa
     
    #5431     Mar 6, 2022
  2. Relentless

    Relentless

    Anyone catch any of that reversal?

    Hell of a short trap.
     
    #5432     Mar 7, 2022
  3. Overnight

    Overnight

    My charts are off, I am not watching. There is no bull, only bear. It's all BS.
     
    #5433     Mar 7, 2022
  4. Relentless

    Relentless

    Relax. There's a fatass short squeeze coming to a theater near you (imho). I just think there's a good chance we need to poke 4K on the S&P first based on my charting.

    Always subject to change of course. Stay nimble!
     
    #5434     Mar 7, 2022
    Spooz Top 2 likes this.
  5. Spooz Top 2

    Spooz Top 2

    It’s possible… I expected that inflection point pop off 52.50 swing lo… Friday session was nice and orderly… I feel We may be getting a nice pop in Vol… whipped up markets make for great opportunity intraday both North & South.
     
    #5435     Mar 7, 2022
    Relentless likes this.
  6. Spooz Top 2

    Spooz Top 2

    Over the weekend, I dipped into my library and read “ when genius failed” by Lowenstein
    This was the LTCM blowup that threatened the financial system back in ‘98… whenI was trading firm capital/ OPM … my 2nd time reading this book.. it’s a great read for anyone that enjoys reading market history! Particularly about hubris, risk & leverage!
     
    #5436     Mar 7, 2022
  7. c1rcle

    c1rcle

    Is this the strategy that was purely focused on mean reversion?
     
    #5437     Mar 7, 2022
  8. Spooz Top 2

    Spooz Top 2

    They were primarily bond arbitrageurs… primary
    Bet was reconvergence on spreads .. Treasury’s, swaps, derivatives, Italian paper, etc yet leveraged at 34:1… requiring no hair cuts on their trades as everyone and their brother competed for their business as they boasted unreal returns …. Truly great read… particularly on risk alone!
     
    #5438     Mar 7, 2022
    newbie463 and c1rcle like this.
  9. Spooz Top 2

    Spooz Top 2

    TL kiss here at 4305-10…gap open…. as anticipated
     
    #5439     Mar 7, 2022
    Zwaen likes this.
  10. Zwaen

    Zwaen

    could you also view it as a failed breakout of the range 4280-4400, so a possibility of testing 4400 or 4460 before heading south again?
     
    #5440     Mar 7, 2022