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Updated January 6, 2021
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April 19th, 2016, 10:23 PM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
Closed YM short at 17926 from 17966..too slow, will try to short again later... don't want Europe to come in and take my short out.
Sent from my SAMSUNG-SM-G900A using Tapatalk
Edit: Comeon market every single time you are going to make me fool...
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
April 20th, 2016, 08:29 AM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
Stupidity hit again re-entered my short again at 17911...I traded oil for few ticks loss.
Sent from my SAMSUNG-SM-G900A using Tapatalk
Stupidity hit thru roof, going to take a break from everything...been trying too many things lately, not working as intended.
April 22nd, 2016, 02:28 PM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
This is for all traders chill out guys...
April 26th, 2016, 08:19 AM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
Bigger picture does look like a screaming short (I know I know...), this is what I am seeing on breadth and internals but we are in earnings season and FED on deck (this never ending manipulation) makes it tough to hold onto any biases specially bearish .
Bear side argument
1. Deteriorating breadth and internals
2. Weakness in Nasdaq
Bull side argument
1. They have secret to fountain of youth
2. FOMC
3. Earnings season
I don't have levels from my charts, I want to say short YM at 17080 (I may even try that) but I am not sure.
April 27th, 2016, 12:13 PM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
I freaking need damn volatility else I can't survive this trading.
Today good day
Oil (QM) - 48 ticks (reached my PT of 44is but didn't wait)
NQ - 16.75 points . (reached my PT of ON_L bud again didn't wait)
I have to make pact to myself not to go against my method or trend. It only works in volatility, other times not much.
April 27th, 2016, 03:35 PM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
bmtrading9
Bigger picture does look like a screaming short (I know I know...), this is what I am seeing on
breadth and
internals but we are in earnings season and
FED on deck (this never ending manipulation) makes it tough to hold onto any
biases specially
bearish .
Bear side argument
1. Deteriorating breadth and internals
2. Weakness in
Nasdaq
Bull side argument
1. They have secret to fountain of youth
2.
FOMC
3. Earnings season
I don't have levels from my charts, I want to say short YM at 17080 (I may even try that) but I am not sure.
Bear argument is gone out of window now, thanks to FOMC bulls get elixir again...
CL, YM bullish on all levels
NQ bullish on intraday bearish on daily level.
Note to self - I have to be very careful with counter trend trades, there is an idea JUST DON'T TAKE IT STUPID
April 28th, 2016, 09:06 AM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
bmtrading9
Bear argument is gone out of window now, thanks to
FOMC bulls get elixir again...
CL, YM
bullish on all levels
NQ bullish on intraday
bearish on daily level.
Note to self - I have to be very careful with
counter trend trades, there is an idea JUST DON'T TAKE IT STUPID
LOL, markets got antidote to that high from an unthinkable source i.e BOJ , remember BOJ's actions are always bullish to the market but not this time.
CL is bullish so have to look for pull backs for entries
NQ is bullish on intraday level and bearish on daily level so be cautious
YM is bearish on intraday level and bullish on daily level but softening
Today it's all about reaction to BOJ news except overnight so far it's not that much specially on NQ maybe because it was oversold already before that.
@Inletcap do yo recommend this book by Dorsey?
https://www.amazon.com/dp/B00E2QW6VO/ref=wl_it_dp_o_pC_nS_ttl?_encoding=UTF8&colid=19XYF6D5HG93M&coliid=IQ69NMMF70N7E
I want to learn more about price action using PF charts.
Thanks
April 28th, 2016, 04:38 PM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
Another freaking great day (much needed one)
Was busy all morning so didn't get a chance to watch charts and didn't put limit order as I should have but got bulk of the move in the afternoon
Trade-1
Short NQ for 2 points (This NQ moves damn fast, I should have holded on to this)
Trade-2
Short YM for 138 points (I was 20 points late but that's ok as I decided not go against my method)
Trade-3
Short oil (QM) at 46.025 - Still holding this short, my expectation is weakness will spill to oil also
Stop - trailing stop of 1 point.
April 28th, 2016, 08:05 PM
Murrells Inlet SC
Experience: Advanced
Platform: Tradestation
Trading: ES, CL, ETFs
Posts: 9,159 since Dec 2012
Thanks Given: 9,765
Thanks Received: 26,036
bmtrading9
Yes- 100%. That is my bible on higher time frame and easily converted to trading. You will get so much more than just charts and patterns.
April 28th, 2016, 08:15 PM
Atlanta, GA, USA
Market Wizard
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,824 since Mar 2013
Thanks Given: 3,001
Thanks Received: 2,159
Inletcap
Yes- 100%. That is my bible on higher time frame and easily converted to trading. You will get so much more than just charts and patterns.
Thanks, I will order it. I am liking this PF charts so much, thanks for your help.
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Last Updated on January 6, 2021