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ST TOP ...then ATH into 2021


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#11 12SPX

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Posted 30 November 2020 - 11:41 AM

I waited to long to post this so its not valid but shorted at 3611 out at 3601 for 10 points.  I'm not willing to long but will start building a short again if we get back to 3611...



#12 12SPX

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Posted 30 November 2020 - 12:40 PM

And there it is starting my short build at 3611 once again....



#13 dTraderB

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Posted 30 November 2020 - 01:07 PM

Closed +4
Wull reopen later or not...
Market looks skittish


ONE ES 3608.25 HEDGE LONG


closed es long hedge + 9.25 
will reopen later
 

Not holding big overnight positions, prefer to daytrade NQ, for now
 
9 SPY PUTS
1 ES HEDGE LONG 3616



#14 alexnewbee

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Posted 30 November 2020 - 02:00 PM

one ES hedge long opened 3615 .... 

 

trading resumed after a great restful break. 

 

Looking for a ST top and then zoom ahead to ATHs, possibly SPX 4k before end of 2020. 

 

any bad vaccine news or US involved in any major geopolitical events will invalidate the above forecast. 

 

 

http://schrts.co/fMdxkxqY

 

nice H&S.

Expecting a last good rally to ATH into 20.12.2020 for INDU (31k+ probably) - so you know what to expect from GOLD wink.png

Then the H&S will work it's magic. beware.


Edited by alexnewbee, 30 November 2020 - 02:03 PM.

"we do G.d's work" Lloyd Blankfein

#15 12SPX

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Posted 30 November 2020 - 04:08 PM

Okay average short in for the night session is 2619, see if I can raise that a bit overnight...



#16 dTraderB

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Posted 30 November 2020 - 04:19 PM

That looks like it WAS also a ST BOTTOM...but OPEN in cash session tomorrow has to confirm it or invalidate.

9 SPY PUTS
1 NQ HEDGE LONG 12240

That big NQ 5 minute green candle that engulfed 9 previous candles showed the resilience of bulls.

#17 dTraderB

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Posted 30 November 2020 - 04:21 PM

Another GREAT MONTH, 3 in a row, but not as good as SEPTEMBER. Will increase NQ daytrades to max size from tomorrow and also add to overnight and IT positions, gradually.

#18 dTraderB

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Posted 30 November 2020 - 04:23 PM

Should have been more aggressive today with NQ CALLS and NQ HEDGES but wanted to end November with less risky trades.

#19 12SPX

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Posted 30 November 2020 - 04:30 PM

Another GREAT MONTH, 3 in a row, but not as good as SEPTEMBER. Will increase NQ daytrades to max size from tomorrow and also add to overnight and IT positions, gradually.

Wait a sec I thought this was our 6th consecutive, I don't remember you taking a loss anywhere lol!!  Has been lots of fun and I think 2021 is going to be really awesome!! 



#20 dTraderB

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Posted 30 November 2020 - 08:49 PM

AUGUST was a bad month. July was a losing month until the last week.  
January was a big loser until last week when losses were trimmed but still a losing month. But, I will take 9 winning & 2 losing months .... as December begins, I am not too keen on  large trades but will not be afraid to jump in if market behaves as it has done during previous months of 2020. 

 

 

Another GREAT MONTH, 3 in a row, but not as good as SEPTEMBER. Will increase NQ daytrades to max size from tomorrow and also add to overnight and IT positions, gradually.

Wait a sec I thought this was our 6th consecutive, I don't remember you taking a loss anywhere lol!!  Has been lots of fun and I think 2021 is going to be really awesome!!