1Shot2Kill4ES.DramaQueen

January 5th, 2019, 09:18 AM

W#51
WED 12.19.2018
DoR+4
@2pmET FOMC Rate Decision
@2:30pmET Conference

Death-cat-bounce about 20 points in overnight for last FOMC Day; watch out for the low but "anything goes" so don't trade at/during news.
Possible new lows?
@2490 Prior unFillGap from SEP 11th 2017
@2475 AB=CD 2947-2600 = 2825-2475
@2465 AB=CD 2825-2571 = 2677-2465

1. preFOMC trade 10M Chart i1TickSavedL2533 reTesting YHigh--taking Profit before announcement.
2. postFOMC trade 4M Chart iChaseS2559 #beABC2T??? Algos Sell Program in play, no bouce @3pmET but will take Profit at EOD.

Updated:
Review this link for more info:

W#51
12.20.2018
THU DoR+5
FOMC Day+1

Yep, 100 points range "wild swing" on WED FOMC Day!
Shaking-out intraday trades on both sides in nano second at the rate announcement...
The higher Short S2589 that hit T2487 (algos program selling) …

January 5th, 2019, 12:36 PM

W#51
THU 12.20.2018
DoR+5

7am ECB Announcement

Only four trades but feeling exhausted with three counter long trades today.
1. 10M Chart @4amET.iScalpL2495 #2489YLow 2hwbS2533 #2528PVT+ 2532SMA200 -- taking Profit, likely not hit target before NYSE Open.
2. 4M Chart @10amET.iScalpL2490#reTested2489YLow=revNextmmS2505T127%2485!hit
3. T45K Chart @10:15amET.iScalpL2488.25 beCypher.ptC2ptD!hit=failedBO#VAL2515 -- taking Profit, if @2500 devPOC not holding up.
4. T45K Chart @10:40amET.iSwingS2510#beABC2T162%2476!hit=reTestedONLow

Whipsaw on both sides as Algos Programs Buy & Sell were fighting each other in afternoon:
@2pmET Buy
@3pmET Sell
@4pmET Buy

Therefore, pretty much stayed out the way.
240M Chart with RSI=30 which was not extreme over sold but holding up, divergence not yet confirm.
More than 3M Daily Volume... Rollover process should be over soon.
Old cDecember contracts would be expired tomorrow at 9:30amET NYSE Open, shouldn't Bears taken profits by now?
Nope, not this Bear--not yet; but should be taking Long position to hedge SwingShort near 2441 low that hit multi-targets (see added 60M Chart for SwingS2671).

Listened to PodCast with John Carter who said "Eight years 'Boom vs Bust' and Big moves happend when a lot of peoples are WRONG!"

January 5th, 2019, 01:02 PM

W#51
FRI 12.21.2018
Full Moon
Quadruple Witching Expiration
Government Shutdown potential?
Top Banks CEO meeting with Treasurer

Huge sell volume on 5M chart even before cDecember contracts expired@9:30amET
Bailed out of Long position from Thursday and overnight.

Only one GapPlay trade at 38%L2472 T2505!hit -- going against trend that worked passed 2487 GapFilled
DFD.DoneForDay
DFW.DoneForWeek

Note:
As if not enough wild-swing today, added 'Political Tumult' on/off all day... good idea to take off early!

Oops,
Forgot about this link:

Stan Harley 'Harley Market Letter'
December 21st Trade What You See with Larry Pesavento on TFNN - 2018

P.S. Keep in mind... the 20% decline from High to Low, huh?

January 5th, 2019, 02:24 PM

W#51
12.17-12.21.2018

Here are weekly updated 240M Chart Journal for SwingS2671
1. preFOMC.SwingS2671=DBottom -- Brown targets not hit yet
2. postFOMC.SwingS2671 T141%2484!hit -- but looked like more downside
3. SwingS2671+nmmS2511 T2400 -- that candle was not done and target likely to hit by Sunday Open

What a week, huh? Beyond imagination!

January 5th, 2019, 02:41 PM

M#12
As of FRI 12.21.2018

Fear Index 100% with about 17% declined from September 21st @2947 High of Year -- remember last Quarterly Rollover?
Algos Bulls kept grinding higher until October 4th Double Top.
Algos Bears were still on the run so expecting 3% more to make it 20% as normal correction.

It's not IF but WHEN and HOW?
Knowing "Drama Queen" I would not be surprised for Extreme Volatility from this Full Moon to next New Moon cycle with Monthly Non-farm Payroll report on January 4th--perfect timing with two Holidays in between... creating PANIC to buy when no one else around during the holidays, huh?

No FEAR, let's look for potential Targets that could turn into ITP.InflectionTurningPoint with these updated charts:
Weekly Chart #CyanZone&Circle with SMA200 @2342
1440M Chart #RedBeABC T127%2380 and T141%2331 -- still about 100 points away.

P.S.
Glad that I didn't go on two weeks vacation in the Bahamas with my sister's family.

January 6th, 2019, 08:44 AM

W#52
MON 12.24.2018

Bank Holiday in JPY.EUR.NZD.AUD.
Partial US Government Shutdown
PPT.Plunge Protection Team meeting with Treasurer
NYSE Closing early as follows:
@1:15pmET ES Index
@1:45pmET Energy

There were plenty of setups for a short trading day, took profits on all long positions--especially GapPlay that going nowhere:
1.1 T10K Chart @6pmET.GapDownOpen.iSwingL2402.afterT2400!hit
1.2 4M Chart @6pmET.GapDownOpen.iSwingL2402#nmmS2425T127%2400!hit+GreenBuABC2T127%2436#VAL=TP$T71%2432

2. 4M Chart @6.30pmET.2iScalpL2409#reTestedOpen2407=safeCTafterExtS2425T127%2400!hit=TP$
3. 4M Chart @8pmET.iScalpL2412#GreenBuABC2T127%2436=TP$

4. T10K Chart @7.20amET.2iGapL2395#revNextMmS2434.T127%2395!hit.go4GapPlay2421=TP$
5. 4M Chart @9.30amET.iGapL2400.2GapPlay2421#buABC2T2427=reTested@4amET=TP$#YLow

6.1 4M Chart @[email protected]#nmmS2431.T2387
6.2 4M Chart @9.30amET.iSwingS2427#hwbS2412#2409YL=iDTop2T141%2372!hit=2T162%2364

Note:
@10:30amET developingPOC@2382 Algos Buy program was on the run with 10 points spread but failed to hold up at the end.

Enjoy Zoe Badwi--FreeFallin' music video link:

January 6th, 2019, 11:13 AM

W#52

Updated 240M chart as of EOD 12.24.2018 after Monday Christmas' eve early closing @1:15amET
Almost there... awaiting for RSI hit 20 Extreme Over Sold, then Reverse Up... that's a good SIGNAL.

January 6th, 2019, 11:24 AM

W#52
TUE 12.25.2018 Christmas

@6pmET reOpen SlidingDown to newLows
ES 2316.75
CL 42.36

Crude Oil was in-sync with ES eMini 'sliding' down then reversing up at about same time.
Surely creating PANIC to buy when no one else around during the holiday, same dirty trick.

P.S.
Oh no, I missed the lows because of unexpected visitors bringing food for Christmas dinner.
Likely staying up tonight for pullback Long positions.

Was able to get in on pullback SwingL2331
Wider Stop loss below 2316.75 to avoid shake-out if want to keep this as ITP.Swing for long term.

First thing FIRST
Taking profits of all Short positions...
revDly.W52WED.60M SwingS2427@6pmET.XmasReOpenSlide2NewLow=2316.75=TP$
revWly.W52WED.240M rollSwingS2671@6pmET.XmasReOpenSlide2NewLow2316.75=RSI=OS=TP$

Gotta get up and try, try, try...
Enjoy this song from Pink -- Try
The Truth About Love - Live from Los Angeles

January 6th, 2019, 11:57 AM

FYI,
Trading in the ZONE by Mark Douglas is really helpful right about now... if you've already read this book.

P.S.
Perfect souvenir gift that my sister gave me from her visit with baby panda Yang Yang at Atlanta Zoo.
Panda Cam - Zoo Atlanta

January 6th, 2019, 12:51 PM

W#52
WED 12.26.2018
T3 EOM.EndOfMonth Window Dressing
Crude Oil Inventory Report changed to Friday 11pmET
Bank Holiday in CHF.EUR.GBP.CAD.

Algos Buying all day, more intense even by 3pmET and 3:45pmET near EOD.
Biggest Daily Range in history:
ES 161 points Up from 2316.75 to 2477.75 HOD
CL 4.34 points Up from 42.36 to 46.70 HOD

1.1 10M Chart ITP.SwingL2331#buABC
1.2 T10K Chart ITP.SwingL2331=Hit&Run

2.1 T10K Chart @4amET.iScalpL2349
2.2 T10K Chart @4amET.iScalpL2349=$TrailStop
2.3 10M Chart @4amET.iScalpL2349#buABC2T127%2370!hit=$TP

3.1 4M Chart @10amET.iGapS2380.2GapFill2342
3.2 T10K Chart @10amET.iGapS2380.2GapFill2342=$TP=notFill

4. 4M Chart @11amET 2iScalp1stL2355T127%2405!hit=$TP -- Aggressive on 1st pullback Long in NYSE session
5. T10K Chart @1.30pmET.iScalpL2399.2reTest2434YHigh=$TP
6. 4M Chart @3.45pmET.iScalpL2452=$TP.EOD

1Shot2Kill4ES.DramaQueen

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