https://tradingeconomics.com/united-states/manufacturing-pmi https://www.cnbc.com/2019/05/23/us-...ar-low-on-trade-war-worries-survey-shows.html The U.S. manufacturing PMI (purchasing managers index) was 50.6 in May, the lowest level since September 2009, according to results from financial data firm IHS Markit released Thursday.
Zandty - should I start a journal given my content ? https://www.elitetrader.com/et/thre...ing-for-solutions.331240/page-24#post-4862961 I know this is the ES journal, but is there room for another ES/NQ journal ?
Hmmm. Thats a tough question. On one hand you're as professional af and probably just about as good as anyone else here. You have indicators, stops, and lots of experience. But on the other hand.... its gonna be damn hard to compete with the entertainment value of "the #1 financial blog on the worldwide intra-web".
I know, I know....but I'm not seeing many posted results like I do. I'm blessed with a rock solid platform combination of Interactive Brokers, IQ Feed, and Multicharts 64 plus a 1 gig router, hard wired quad core workstation (no wireless !), customized proprietary indicators . Nothing ever goes down. I've been amazed at it all. The big problem and failure point is me....I'm still not quite in the pro category as I am making too many mistakes...and I've got some bad habits I gotta break...especially getting out of winning trades too early. That's killing me. On the other hand, my MFE compared to my MAE is excellent. I've gotta start tracking those stats....very important. Much more coding ahead for me.
You were dead wrong about that yesterday. (go figure huh) Why should today be different? I wonder what the action will be at 2840 again. Will it break through and take out 2850? I bet it does.
Izzy...Its usually just a safe assumption. We got close to 2800, but your call was only 6 points above the lod when you made it. Are you telling me you didn't get stopped out on that eod run to 2823. On the "intraday" account? And stopped out this morning on the "outra-day" account at 2842? I mean come on Izzy.... throw enough crap at the wall and somethings bound to stick. Its like me saying we'll hit 2850 today. Neither one of us has any f'n idea. The China disaster is priced in now. I thought we'd dip into the low 2700's.... but now I think 3000 is a given. So stuff that in your bear pipe and smoke it.
Heading out for a while. I expect the bounce to end in 2 hours and then selling down to at least 2800 to ensue in the afternoon.