03/17/2020 Market Recap

[Cobra]

[Cobra]

SUMMARY:

Just being a narrator today. Not a bad one I believe.

NOTE:

N/A - explained the recent intraday pattern here (viewtopic.php?f=2&t=3922&p=279810#p279810).

Right - called a possible pullback which likely would be bought here (viewtopic.php?f=2&t=3922&p=279817#p279817).

Right but the bought was far later than I thought so basically not went as I expected - called the pullback would be bought again here (viewtopic.php?f=2&t=3922&p=279831#p279831).

N/A - warned a possible sharp pullback here (viewtopic.php?f=2&t=3922&p=279837#p279837).

Right but the sold was far later than I thought so basically not went as I expected - called the rebound would be sold here (viewtopic.php?f=2&t=3922&p=279851#p279851).

Right - called more up here. Actually I even thought bears might be over for today here (viewtopic.php?f=2&t=3922&p=279853#p279853), which was right eventually but in the middle I had a little doubt see the line below.

N/A - basically saying I had no idea here in a very good way (viewtopic.php?f=2&t=3922&p=279859#p279859).

No conclusion drawn from the close.

DISCLAIMER:

The trading log above is meant for myself only which main purpose is to help improving my market sense.

• My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the prediction is wrong, I'd be embarrassed, which of course I'd like to avoid as much as possible.

• Day trading is not my strongest point. Just for the same pattern, it can repeat frequently on the 5 min chart while on daily chart it may take months to appear once and another month to know whether the idea of trading such a pattern is right or wrong THIS time, so practicing on the 5 min chart is a fastest way to learn to trade.

• Day trading inevitably would have good days and bad days, it's a part of the game. If I always have good days, it means I'm either lying or already the richest person in the world (then why I'm still trading?), so please don't blame me for making any bad calls. The log is for myself only, not meant to be followed.

[Cobra]

No, it's not a mistake. I intentionally didn't put any comments on the first post. The comment on the chart should be very clear. Until bulls are able to change the status quo, there're no chances for them.

[QED]

S&P Dow Jones Indices postpones quarterly equity indices rebalance
https://www.etfstream.com/news/10778_sp ... olatility/
.

[BullBear52x]

No, it's not a mistake. I intentionally didn't put any comments on the first post. The comment on the chart should be very clear. Until bulls are able to change the status quo, there're no chances for them.

I don't want to jinx it so I didn't post my swing chart setup Buy triggered today. will see, I will buy in tomorrow again.

[JFR]

Futures down after daytime market closes.

[JFR]

ES 5. Getting squeezed, but at a good support level.

[Heck]

SP.1 June Futures Pinned Limit down since 1:13 AM

We're going to go way out on a limb and say BUYING > 2,393.50

But that is pure conjecture...

[Heck]

SUMMARY:

Just being a narrator today. Not a bad one I believe

None better