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Volatile & Uncertain Summer Market: ES 3400 to 4300


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#21 K Wave

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Posted 05 July 2022 - 10:40 AM

Y'all have a great day...Told my daughters who I am training on my methods, that if Crude went off the cliff, we would go do something real fun today.

 

My eldest daughter spotted the 1 min reclaim last night and said Daddy, is it going to happen now?

 

I told her nothing is guaranteed, but odds are definitely with us. And now it's time for bed!

 

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Edited by K Wave, 05 July 2022 - 10:41 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#22 12SPX

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Posted 05 July 2022 - 10:48 AM

So SPX...don't sell at the start of every big rally on the way up.laugh.png

 

Although I gotta say, super impressed that you managed to eke out small profits in the end while continually buying just before huge drops on the way down. No way I would ever allow myself those kind of multi-hundred point drawdowns, as my simple tools easily prevent that.

Hmmmm so a 50 point gain is considered small from a guy who hasn't put up one trade ever, wonder who's laughing now.  At least I show my trades!!  My average day of trading both up and down is likely around 20 points and I have tons of 100 point days, all listed on here whereas you just clog this thread with commentary.  Sorry for getting mad but I find it interesting when people can make comments but don't show that they're better or even do one trade.  Show me the money.....Oh and PROFIT STOP 3760, buy below, lets see where you bought or sold LIVE!!! 



#23 redfoliage2

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Posted 05 July 2022 - 10:49 AM

Lets see if this technical analysis going to work in the next two weeks :
https://finance.yaho...-064829175.html

The market breadth still supporting this outlook albeit today's dip.......................


Edited by redfoliage2, 05 July 2022 - 10:50 AM.


#24 12SPX

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Posted 05 July 2022 - 10:57 AM

By the way K I will say that your info on covid however is great so appreciate it and "respect" it because I don't know that much about it all except that I have natural immunity.  I deserve respect on my style of trading because its obvious going 17 mths without a loss day/week trading works because a person may have a ton of charts and technicals but in reality no one knows where the market is going to go thus why I do profit stops until the bottom or top for the day is found.  I'd far rather make 1 point then nothing until the rally or decline gets going, at least I don't have to deal with losses....



#25 12SPX

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Posted 05 July 2022 - 11:15 AM

Profit stop 3765, might as well make an even 10 points if hit!! 



#26 12SPX

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Posted 05 July 2022 - 12:33 PM

profit stop 3775, going for that 20 point gain if hit hit and 29 to go for 100!! 



#27 12SPX

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Posted 05 July 2022 - 12:51 PM

Wow shocked with oil under a $100 and bonds at 2.80 that we haven't seen a turnaround tuesday!!  Days not over yet though!!!!!



#28 12SPX

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Posted 05 July 2022 - 01:20 PM

profit stop 3785, headed to tennis let you know how it turns out!!



#29 12SPX

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Posted 05 July 2022 - 01:32 PM

Hmmmmm good news, tennis delayed and there's still a chance for a turnaround tuesday, profit stop 3805 for a clean 50 point profit and taking my day to 101 points if hit!! 



#30 redfoliage2

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Posted 05 July 2022 - 01:32 PM

 

Lets see if this technical analysis going to work in the next two weeks :
https://finance.yaho...-064829175.html

The market breadth still supporting this outlook albeit today's dip.......................

 

So the dip is getting bought after the bear bluffing move ........................


Edited by redfoliage2, 05 July 2022 - 01:41 PM.