106 replies to this topic

[12SPX]

And out for 10 points, rinse and repeat until we can get a build going I guess! 

[12SPX]

Yay average sell now 3926! 

[12SPX]

Profit stop 3925, will sell higher, starting to get fun! 

[12SPX]

Trying to start a new build at 3926 see how that goes! 

[dTraderB]

Adam Mancini

 

@AdamMancini4

 

Replying to

@AdamMancini4

Update: We hit my 3930-35 target from this morning and stalling and now chopping again. Looks constructive for bulls still though but patience needed. Targets remain 3947, 3975, 4020 if we can clear it

 

The chop continues in #ES_F and since Fridays low its been in a tightening, coiling range making lower highs and higher lows (forming a triangle on 30 min chart). Big move coming Support now 3895, resistance now 3930, everything between = noise. Favoring it breaks up to targets

12:44 PM · Mar 24, 2021·Twitter Web App

 

Hectic 2-day period! DAYTRADING SPY PUTS yesterday and today but again NQ DAYTRADES WERE THE BEST TRADES.

Small net profit yesterday, bigger one today. Missed out on good CRUDE trades but just too difficult to trade more than 3 or 4 different instruments.

BULLS STILL hold the advantage and may most likely ramp it up into end of month & quarter. Market needs a bullish catalyst for the next leg up but cannot find it, so far.
Bears could take the market down to SPX 3700 and lower but they also need more a catalyst or two to instill more fear into complacent bulls.
BOND VOLATILITY COULD BE THE MAJOR factor affecting market direction during next few days.

9 SPY PUTS
21 VXX CALLS
ES HEDGE LONG 3907.75


 

Great week, great month so far, my plan is to preserve profits during this final full week of the month tp achieve 3 consecutive months of profit in 2021. 
On Friday, all trades were only in NQ daytrading. 
 
Positions from last week. 
 
11 SPY PUTS
15 VXX CALLS
1 ES HEDGE LONG 3907.75

 

[dTraderB]

9 SPY PUTS
26 VXX CALLS
ES HEDGE LONG 3907.75

 

 

Hectic 2-day period! DAYTRADING SPY PUTS yesterday and today but again NQ DAYTRADES WERE THE BEST TRADES.

Small net profit yesterday, bigger one today. Missed out on good CRUDE trades but just too difficult to trade more than 3 or 4 different instruments.

BULLS STILL hold the advantage and may most likely ramp it up into end of month & quarter. Market needs a bullish catalyst for the next leg up but cannot find it, so far.
Bears could take the market down to SPX 3700 and lower but they also need more a catalyst or two to instill more fear into complacent bulls.
BOND VOLATILITY COULD BE THE MAJOR factor affecting market direction during next few days.

9 SPY PUTS
21 VXX CALLS
ES HEDGE LONG 3907.75


 

Great week, great month so far, my plan is to preserve profits during this final full week of the month tp achieve 3 consecutive months of profit in 2021. 
On Friday, all trades were only in NQ daytrading. 
 
Positions from last week. 
 
11 SPY PUTS
15 VXX CALLS
1 ES HEDGE LONG 3907.75

 

[dTraderB]

An important final hour today

Can BULLS hold ES 3900? 

If not, then ES 3800 by end of week

[dTraderB]

I want to subscribe to your ES trades! 

Great trading!

 

Trying to start a new build at 3926 see how that goes! 

[dTraderB]

That's an ominous ES  LONG  RED DAILY CANDLE!

 

Could gap down ... but unless ES 3800 is taken out the BULLS have the edge. 

[pdx5]

It is very simple. Many Guys like me must be cashing in long term gains, with stocks bought last March-April. 

I hate ST cap gains. I could never be a day trader for that reason and I would have missed out on all those thousands of golf rounds at nice golf clubs.