Futures trading journal - GB

[Gringotts Bank]

If you play around with trendlines, they can give you highly specific points to enter short. Like ES tonight - anything between 4091-3 would be a high probability point to turn back down. They're so specific, you can use a tight stop. If that one's a loser, there's another shorting level above it at 4126.

 

[Gringotts Bank]

Learned something this week.

When you submit a description of a coding project to a programmer and he doesn't ask several questions to clarify exactly what you want, drop him immediately. The number of coders who say "yep I can do that" then deliver some dog **** that bears no resemblance to your description is mind blowing. Good ones are very thin on the ground.

 

[DaveDaGr8]

I have tried outsourcing some simple modules for rewriting and for module tests to be written. It usually takes me longer to explain over and over repeatedly what i need than it would to do it myself.

I now outsource everything to chatGPT !!!

 

[Gringotts Bank]

I have tried outsourcing some simple modules for rewriting and for module tests to be written. It usually takes me longer to explain over and over repeatedly what i need than it would to do it myself.

I now outsource everything to chatGPT !!!

It's unbelievable. Most of them must read less than one quarter of the description then assume they know the rest. I don't see how else they'd come up with such crap. Many of these guys do actually know how to code - they just don't know how to read and understand other people's descriptions. And my descriptions are bloody good! Extremely detailed, clear, unambiguous, with annotated pictures etc.

I've noticed this happens on social media and the work place too. People don't put any effort into understanding others' pov.

 

[Gringotts Bank]

If you play around with trendlines, they can give you highly specific points to enter short. Like ES tonight - anything between 4091-3 would be a high probability point to turn back down. They're so specific, you can use a tight stop. If that one's a loser, there's another shorting level above it at 4126.

4090.5. Two ticks.
It didn't provide much of a short though. Whilst ES is below that line, I call it a bear market. When it crosses it, a bull market.

 

[Gringotts Bank]

Getting there slowly with the coder. After his first effort, we decided it would be better to go back to step 1, which he didn't read! ChatGPT may have been easier, certainly cheaper.

This is how I do trendlines to determine the overall market direction. Top horiz line is Bulkowski's recommended target, using Fibonacci 61.3. Then just repeat that line at regular intervals below the breakout point. Generally, if the market falls after breakout, it makes it back 1/2 the distance of the drop (but only in a bull market). In a bear market, it comes very close without breaching the 1/2 way mark. Bear market swings tend to be much less volatile than those in bull markets.

The yellow line marks the level the market will approach from below but will not breach. If it does breach it, we're back into bull market. Usually makes a good point to short. 4109.

ES 10min

 

[Gringotts Bank]

V-bottom on ES and DAX.

 

[Gringotts Bank]

ES looking for 3963 in the week ahead, imo.

Just touched. This is an old FVG on the daily.

Hoping for a bounce but it just doesn't feel like it.

 

[Gringotts Bank]

In my trendline system, if ES goes above 4054.25 it means bulls back.

 

[Gringotts Bank]

Some predictions.

I think gold will have a good few days now. Maybe back to 1856.

DAX may move up to 15647.

ES may go up to test 4028-4034.

 

[Gringotts Bank]

Some predictions.

I think gold will have a good few days now. Maybe back to 1856.

DAX may move up to 15647.

ES may go up to test 4028-4034.

One out of three ain't bad. Gold got to 1852.5.

So much downwards momentum now in the equities indices.

 

[Gringotts Bank]

One out of three ain't bad. Gold got to 1852.5.

So much downwards momentum now in the equities indices.

3 outta 3 is better!

All 3 reached target predictions o/n.

 

[Gringotts Bank]

In my trendline system, if ES goes above 4054.25 it means bulls back.

Close was 4052.5, so only 1.75 points away from this line. If it goes so much as 1 tick above this line (even if it runs back down immediately afterwards) - it means the bulls are back. However I've got a feeling it may open lower tomorrow. I don't think the market wants to go bullish yet. Too early.

 

[Gringotts Bank]

Close was 4052.5, so only 1.75 points away from this line. If it goes so much as 1 tick above this line (even if it runs back down immediately afterwards) - it means the bulls are back. However I've got a feeling it may open lower tomorrow. I don't think the market wants to go bullish yet. Too early.

Gapped down at open, then nothing much, then a very strong few candles out of nowhere in the middle of the night to take it over the line. How bout that? So if I'm right, regardless of what happens next, we're back in bull mode. imo.

 

[Gringotts Bank]

Oil is going to pump hard! My opinion is not based upon TA though. Sometimes I notice stuff in the media, but it's a bit hush-hush if you know what I mean. Target of 82+.

(Don't risk your own capital on some random dude's opinion on social media though).

 

[Gringotts Bank]

Oil is going to pump hard! My opinion is not based upon TA though. Sometimes I notice stuff in the media, but it's a bit hush-hush if you know what I mean. Target of 82+.

(Don't risk your own capital on some random dude's opinion on social media though).

Boooo.

Still happy with target of 82 to 82.66.

 

[Gringotts Bank]

ES probably up a bit tonight. It's hard to grab more than 40 ticks in a session, isn't it? Or it just me?

 

[Roller_1]

ES probably up a bit tonight. It's hard to grab more than 40 ticks in a session, isn't it? Or it just me?

I seen a quote somewhere may be on Twitter. It went something like as a trader progresses they should not be focusing on catching 20 point then to 30, 40, 50. It should be increasing size on those moves were they have found they have an edge. Nothing wrong with catching 40 ticks if you can increase your lot size

 

[Gringotts Bank]

Strong buy signals at the close of ES. Targeting 3972.

Stopped out on oil, but I still think it's going to get to 82++.

 

[Gringotts Bank]

Strong buy signals at the close of ES. Targeting 3972.

Stopped out on oil, but I still think it's going to get to 82++.

Nice pop early. In hindsight, that buy signal Friday was the Fed's decision to bail out SVB. Only insider traders like Pelosi knew about it, but it was enough to show on the charts.