I get your point and I agree. It was very beneficial for me when I was new to trading. But I feel different now. Posting trades now is mostly a distraction. I need to focus on managing my trades and following my system as my trading is short term oriented. I prefer to post a comment about where I think the market is headed when I get the time.
Here's where we are----I have taken a lot of profits from the market and will do so again shortly. Market should drop here over the next several weeks. Thank you for your time-- Ishmaeliski.
Tough market right now, IMO. Maybe someone else is reading this better than me, but I'm getting conflicting signals, so currently flat and done for the day. Knowing when not to trade is just as important as trading. IMO, of course.
What's your rationale for this call? I'm surprised to see it considering your long bias for such a long time now. We've got Brexit coming up and other stuff going on. On the technical side, we're overextended to the up side and have a lot of air below, so I can definitely see a drop from here. On the other hand, this market is a beast, so I'm not feeling very convinced...
Basically--I have a long bias until I don't. I expect 2680 at a minimum on this drop. --I see distribution hier--I see dead people--
Is it just me or is ES retracing/backfilling even more than it used to a few years back...? Unless you get the very high or bottom this market will pretty much always retrace on you. Example right now. Just made new lows, but snapped back up 2,50 points immediately.