Feeling bullish today

Discussion in 'Index Futures' started by sandp500trader, Aug 7, 2018.

  1. maxinger

    maxinger

    Past 3 days, ES YM NQ day range has shrinked to a rather low level making trading these instruments rather challenging.
    Such behaviour is quite typical after a major move (on 2 Aug 2018).
    Those who traded past 3 days probably ended up losing
    money.
    Those heavy scalpers who don't look at chart but DOM / ladder
    should be able to profit from such markets.

    Well. What did the financial experts say?
    They would say ES is going to break the high.
    If it breaks the high, it would go even higher and higher and higher.

    This is what I will say.
    Market can be merciless / heartless.
    Market gives us the opportunity to earn tons on money on 2 Aug 18.
    If we miss this opportunity, and if we traded past 3 days, then too bad.
    And this pattern has been repeating every day/week/month/year/decade.


    Soon there might be major events/news/ announcement/powerful tweets and these financial instruments will start to move (up or down). meanwhile its day range will continue to be small for don't know how many more days which we cannot predict.


    So in the meantime, what can I do? Trade other more tradable financial instruments. There are thousands of financial instruments in this world
    for us to choose from.
     
    Last edited: Aug 8, 2018
    #21     Aug 8, 2018
    greg500 likes this.
  2. Bearish today, from after market open.
     
    #22     Aug 9, 2018
  3. maxinger

    maxinger

    Indeed it went down > 20 points today.
     
    #23     Aug 10, 2018
  4. Are you going to troll this thread constantly? Am I encroaching on your area or something? Does it offend you that I've accurately stated the direction of the market for the last 3 days in a row?
     
    #24     Aug 10, 2018
  5. Sitting today out. See you guys on Monday.
     
    #25     Aug 10, 2018
  6. Feeling bullish today.
     
    #26     Aug 13, 2018
  7. Ouch, wrong yesterday. Going bearish today.
     
    #27     Aug 14, 2018