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02/05/2024 Live Update

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Cobra
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02/05/2024 Live Update

Post by Cobra »

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The pullback overnight probably will be bought. In fact I'm surprised that this market can actually have a pullback, very strange...

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JFR
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Re: 02/05/2024 Live Update

Post by JFR »

ES daily.

Inside bar.

Down from the high.

Climbing the wall of worry.

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JFR
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Re: 02/05/2024 Live Update

Post by JFR »

ES 60 minutes.

Friday finished with a move up. Since then it has been Flat City.

Thursday was also up.

Wait and see mode, so far.

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JFR
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Re: 02/05/2024 Live Update

Post by JFR »

ES 5 minutes.

Range bound so far today.

Let the games begin in 11 minutes.

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BullBear52x
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Re: 02/05/2024 Live Update

Post by BullBear52x »

inside day, under 38.2% will be really bad reversal. :ugeek:
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Cobra
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Re: 02/05/2024 Live Update

Post by Cobra »


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BullBear52x
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Re: 02/05/2024 Live Update

Post by BullBear52x »

Swing setup is entering buy the dip, same play book, first thing first for this time frame, so far I see nothing to say it's bottom on intraday. looks down to 4933ish /ES :geek: :ugeek:
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Cobra
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Re: 02/05/2024 Live Update

Post by Cobra »

The breakdown now is an early sign of a downtrend day.
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Re: 02/05/2024 Live Update

Post by Cobra »

Probably will rebound to ema20 above where we'll see whether bears are willing to hold the last stand. Downtrend day not confirmed so far.
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BullBear52x
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Re: 02/05/2024 Live Update

Post by BullBear52x »

Swing setup, Buy triggered, new box, make or break. keep it simple.
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Re: 02/05/2024 Live Update

Post by BullBear52x »

Day trade made simple, pick your poison. new intaday LL will confirm a down trend day for me. and at the same time take out the buy dip on swing, if not, bottom is in, and buy it up we go.
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Re: 02/05/2024 Live Update

Post by Cobra »


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JFR
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Re: 02/05/2024 Live Update

Post by JFR »

CAT. Machinery, Vehicles. HQ in Irving Texas. Founded in 1925.

Nice to see them doing well. Been around forever. Pretty good value right now. Back in 2017 it was way overpriced.

Not recommending.
Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, tractors, excavators, telehandlers, motor graders, and pipelayers; compact track and multi-terrain, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools. The company's Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, tractors, mining trucks, longwall miners, wheel loaders, off-highway and articulated trucks, wheel tractor scrapers and dozers, fleet management products, landfill and soil compactors, machinery components, autonomous ready vehicles and solutions, work tools, and safety services and mining performance solutions, as well as related parts and services. Its Energy & Transportation segment offers reciprocating engine powered generator sets; reciprocating engines, drivetrain, and integrated systems and solutions; turbines, centrifugal gas compressors, and related services; and diesel-electric locomotives and components, and other rail-related products. The company's Financial Products segment provides operating and finance leases, installment sale contracts, repair/rebuild financing services, working capital loans, and wholesale financing; and insurance and risk management products and services. Its All Other operating segment offers filters and fluids, undercarriage, ground engaging tools, fluid transfer products, precision seals, and rubber sealing and connecting components; parts distribution; integrated logistics solutions and distribution services; brand management and marketing strategy services; and digital investments services. Caterpillar Inc. was founded in 1925 and is headquartered in Irving, Texas. -- Yahoo Finance
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Cobra
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Re: 02/05/2024 Live Update

Post by Cobra »

This bull shall have legs so the low probably was in.
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BullBear52x
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Re: 02/05/2024 Live Update

Post by BullBear52x »

Swing setup: You know the routine, as long as we know the entry and stop ,TA is doing its job. no guessing or praying :D
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BullBear52x
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Re: 02/05/2024 Live Update

Post by BullBear52x »

Intraday: same game different day, patience, react, and don't predict. inside day, sideways range day, Harami day.
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Re: 02/05/2024 Live Update

Post by BullBear52x »

Internals: Bearish bias, sellers that piled up on Friday get pays today, there's follow through so far, will see at the closed, thing can change by then. Peace!
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JFR
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Re: 02/05/2024 Live Update

Post by JFR »

ES 5 minutes.

Home on the range ...

No progress. Neither up nor down. No worries.

Lemme know any tech issues guys might have had, or still do have. I avoided migrating from NinjaTrader 7 to 8 for years. Finally had to do it. I had so much "junk" on NT7, clogging up my desktop ASUS, which has been a good beast of burden, running three monitors, and all the internal stuff, etc. The junk was thousands of experiments with indicators, strategies, workspaces, chartstyles, on and on. Able to keep it more lean now with NT8. Faster startup. NT7 was taking forever to load. Had to change some stuff of course. The charts are a bit different. Some indicators for NT7 are not available for NT8. Mostly all good now.

I use StockCharts for swing trade daily charts. NinjaTrader for scalping on ES and the like.

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Trades w 2 Cats
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Re: 02/05/2024 Live Update

Post by Trades w 2 Cats »

Ninja 8 issues are in the past. Took them too long to fix them. Hope they learned. It has been so long since I ran 7 I can't remember the differences!
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Cobra
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Re: 02/05/2024 Live Update

Post by Cobra »

Kind of ascending triangle so bias still is up.
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