I can't tell what ES is doing right now. It looks like there is still another leg going down, but it also implies another leg going up. Whatever it's, I won't take a trade if entry signals won't trigger.
Today is my 10th day being quarantined in a hotel room. I've to wait for 4 more days before I can step outside to do check out my favorite places while I were away for the last two years
One thing I want to tell you guys straight up is that my wife doesn't like me to post anything on here or any social platform including wechat. I attracted some flies before and it gave her some bad memory. So, when she gets up and sits beside me to trade, that means I can't be seen on here.
I love her and I don't want to make her unhappy or give her unpleasant feelings.
I were taking a nap on sofa and missed out this pulling back. Anyway, I believe the current drop could be the last leg for bears and it's likely bulls will resume from here until the next day or more. So, bears should watch out.
I've been trading using 1-contract this week due to many distractions as well as worrying about unstable wifi internet at hotel. Yet, I don't have alternative internet connection to back up if I lose hotel's internet connection.
Starting next Wednesday, I'll be back using at least 2 to 10 contracts to trade once I settle down to live in an apartment.
Market sentiments are still favoring bulls atm. Once dash yellow line crosses above green line (see black circle), I expect a big move on the upside. Likewise, I'll end up with panda eyes as I plan to stay up all night to trade. Let's see....
Two good moves this evening and overnight so far.... I hope those staying up would catch them too. There should be at least another leg or more on the upside for today and next Monday.
Well, I'm done posting on Hutong for now. Take care all.
One last note to those who are struggling to become a profitable trader. You've to have skills (i.e. back testing and forward testing your setups for hundred of trades to build up your statistics so you could figure out which ones are the most reliable to make $$$), be patient and discipline. DON'T OVER-TRADING AND OVER-LEVERAGING so you can keep your head cool to make conscious decisions all the time. GOOD LUCK.