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01/24/2020 Live Update

Re: 01/24/2020 Live Update

Postby Trades with cats » Fri Jan 24, 2020 12:04 pm

ES 03-20 (2000 Tick) 2020_01_24 (9_00_48 AM).png

Ragged double bottom. You can see where the sellers are waiting at 21.50.
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Re: 01/24/2020 Live Update

Postby JFR » Fri Jan 24, 2020 12:06 pm

ES 5. Back up to the pivot.


2020-01-24_0805.png
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Re: 01/24/2020 Live Update

Postby JFR » Fri Jan 24, 2020 12:12 pm

ES 5. Getting squeezed between the pivot and the EMA 20. Waiting for a breakout.


2020-01-24_0811.png
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Re: 01/24/2020 Live Update

Postby alphahorn » Fri Jan 24, 2020 12:26 pm

today is a day for the bears, they've been waiting. taking some off here, but leaving one on to see if my 3295 (updated) target is met
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Re: 01/24/2020 Live Update

Postby JFR » Fri Jan 24, 2020 12:31 pm

ES 5. Breakdown beneath the pivot, finding support at pivot S1.


2020-01-24_0830.png
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Re: 01/24/2020 Live Update

Postby Heck » Fri Jan 24, 2020 12:40 pm

DIA + 4.35 times since Mar 2009 low

Do we feel lucky at 293.61 ?

Once at a Baccarat table Nine 9:1 ties in a row came up

Did anyone play them ?

https://tinyurl.com/qaqgytl

Pentagon said on Friday that 34 service members had been diagnosed with traumatic brain injury following missile strikes by Iran on a base in Iraq earlier this month.
Last edited by Heck on Fri Jan 24, 2020 1:32 pm, edited 2 times in total.
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Re: 01/24/2020 Live Update

Postby JFR » Fri Jan 24, 2020 12:45 pm

ES 5. Testing down beneath the pivot S1. Later ...


2020-01-24_0845.png
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Re: 01/24/2020 Live Update

Postby Al_Dente » Fri Jan 24, 2020 12:50 pm

Soybean futures down
Reuters notes that uncertainty is increasing among traders whether Chinese demand can fulfill trade deal commitments.
There's also new concern that a massive soybean harvest in Brazil could entice China to source more beans from the South American country than the U.S. -- due in part because prices of beans are cheaper in Brazil.
TRADE WARS chart update, daily, hmmm
[caveat with all percentage charts: as you know, if you change the timeframe you get a different picture]
124trade war.png.png
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Re: 01/24/2020 Live Update

Postby alphahorn » Fri Jan 24, 2020 12:58 pm

moved my stop to 3296 below and down to 3314 above in the event i'm wrong on this last contract. either way a nice day for trading

now 3310 and 3296,
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Re: 01/24/2020 Live Update

Postby Al_Dente » Fri Jan 24, 2020 1:05 pm

banks, 15min
124banks.png.png
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Re: 01/24/2020 Live Update

Postby Cobra » Fri Jan 24, 2020 1:08 pm


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Re: 01/24/2020 Live Update

Postby JFR » Fri Jan 24, 2020 1:18 pm

ES daily. Moving closer to the EMA 20. ES 5 down from the pivot to a lower level of support.


2020-01-24_0917.png
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Re: 01/24/2020 Live Update

Postby Al_Dente » Fri Jan 24, 2020 1:19 pm

VIX is up 20% :shock:
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Re: 01/24/2020 Live Update

Postby alphahorn » Fri Jan 24, 2020 1:20 pm

Target met, I'm done for the day. we need more days like this one!
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Re: 01/24/2020 Live Update

Postby Trades with cats » Fri Jan 24, 2020 1:23 pm

alphahorn wrote:today is a day for the bears, they've been waiting. taking some off here, but leaving one on to see if my 3295 (updated) target is met

Congrats on that call. We all knew this was possible but being bearish has been such a disappointment recently.
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Re: 01/24/2020 Live Update

Postby JFR » Fri Jan 24, 2020 1:28 pm

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Re: 01/24/2020 Live Update

Postby Trades with cats » Fri Jan 24, 2020 1:29 pm

Twitter says four large sell programs at 12:18 Eastern cleared out the sellers.
Sorry, term used was "washed out remaining sellers".
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Re: 01/24/2020 Live Update

Postby alphahorn » Fri Jan 24, 2020 1:34 pm

Trades with cats wrote:
alphahorn wrote:today is a day for the bears, they've been waiting. taking some off here, but leaving one on to see if my 3295 (updated) target is met

Congrats on that call. We all knew this was possible but being bearish has been such a disappointment recently.


Yeah my system made it pretty easy trading today. I was in and out some early as the red/green line went from red to green. But note the line above it stayed red all the way down, so I let one ride. The volume standard deviation bar sat at 3295ish all day, figured it would be a magnet
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Re: 01/24/2020 Live Update

Postby alphahorn » Fri Jan 24, 2020 1:37 pm

My 30 minute System chart, where I got my target
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Re: 01/24/2020 Live Update

Postby Cobra » Fri Jan 24, 2020 1:39 pm

Typical break down then sharp reversal up. Maybe target ema20. Still I treat it as a range day.
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