Daily ES/NQ views

luckystar2006

Hello old friends,

After two years of living and traveling around asia and europe, my wife and I are finally back to Canada few days ago and is under self quarantine for 14 days.  We intend to stay here until December before deciding where to go next.  In the meantime, I'll trade full time as a scalper and day trader and the only instruments I'll trade are ES and NQ.  To those new members on here since I left, I'm a momentum trader and I only trade highly reliable setups backed by solid statistics from back testing and forward testing.  As we all know that discipline plays an important role for profitable traders, that means I'll cut lost as soon as rules are violated.  

I'm looking forward to contribute my opinions on here just for fun.  

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Short-term outlook for ES remains down and there should be at least another leg to retest previous low.   I don't expect a big down day today though and 3000 level will likely hold due to strong supports around this area.   The next important level to watch is ~3085 where I expect overnight rally will end. However, it might go as high as 3100.

风行过

welcome back boss. I remember you were teaching your then girl friend trading stock. Hope that is the one become your wife now.

uddi

welcome back!

luckystar2006

风行过 发表于 2020-6-12 08:56 AM
welcome back boss. I remember you were teaching your then girl friend trading stock. Hope that is th ...

I can't tell which one we are talking about lol......

luckystar2006

Bulls aren't able to penetrate key resistance level ~3085 so far.  3rd time is a charm???

hutong77

Elephant

回来好，加拿大的夏天很舒服。

风行过

luckystar2006 发表于 2020-6-12 10:33 AM
I can't tell which one we are talking about lol......

LOL I saw your old girl friend before. Send me a picture of you current wife, I can tell you which one is which

风行过

luckystar2006 发表于 2020-6-12 10:34 AM
Bulls aren't able to penetrate key resistance level ~3085 so far.  3rd time is a charm???

where is the 3rd charm, I do not even see the second? ES or SPX you talking about?

luckystar2006

Done for today.  Going to take nap.

WayneJ

Elephant

到中国都学会了睡午觉

luckystar2006

~2920 to ~2940 is another super strong support area. I think this is where ES will establish a short-term bottom for this week or more.

PS. I just rollover to Sept. contract.  So, the super strong support area I mentioned above is ~2900 to ~2920.

luckystar2006

Screenshot in below is my ways of finding out a trend reversal.  As the pic shows, we might not see a meaningful trend reversal until tomorrow or Wednesday.

luckystar2006

I took one scalping trade today and missed a big one while taking a nap.

I expect at least another up leg or more overnight tonight.

Elephant

今天把机会睡过去了？

luckystar2006

Elephant 发表于 2020-6-16 10:06 PM
今天把机会睡过去了？

I made few scalping trades yesterday, but I didn't want to post on here at the end of the day. The reason being is that It seems like nobody is interested to read this thread and so I decided to stop posting.  

xgame

Ninjatrader? Are you using automatic strategy trading?

I am interested in your graph posted on 6/15. It is better to show time scale. Thanks.

luckystar2006

It's very likely that we might see a mini-trend reversal at market open or sometime today.  See below 60 minutes chart.  So, bulls should watch out.

maserati

keep posting!