SemperTrader

13:10

SemperTrader Updated 

I wanna make some breakfast so I'll keep the write up short. I'm out of the market at the moment, and my overall sentiment is very neutral. The ES! contract overaly has a bit of room for us to head further south, however the ESM contract has that anything towards 3900 is going to come back up. I'll be watching for the potential of both. Overall the market...

07:08

SemperTrader Updated 

So I had taken a small profit last night on 3997 short and then reengaged at 4000 where I had wanted to get in at to begin with. I had set an overnight cash out at 3968 based on the 1hr trendlines and while driving home today, totally forgot it was still set and it cashed me out of my short position for a profit of $1600. I'm not upset about it, but I likely would...

06:12

SemperTrader Updated 

I don't have as much confidence in a direction today as I've had the last few days, sorry. No overnight trades for me and while I want to go Long here, I'm not so sure this is the area I want to try for a long position. Ultimately, with the money I've made the last 3 days, I think it might be a good day to sit out for me unless I see something of tremendous...

03:00

SemperTrader Updated 

So I went short last night at 3961 believing that the late day surge was illogical. In fact, I didn't go on a tangent in the video, but many news articles said "Inflation is cooling and markets are surging". That is a downright lie, and why you need to understand Economic Data and find things yourself. CPI INCREASED from .4% to .5%, which isn't a major jump, but...

05:10

SemperTrader Updated 

So, after crushing a $5000+ day yesterday I will unlikely trade into the CPI data this morning. Ultimately the market environment could certainly take us lower, but the market analysis says we have to go higher. Likely the cause of a massive volume day yesterday at nearly 3.5 million. Although, we are around 25 points higher this morning so far, so we could head...

07:23

SemperTrader Updated 

So on Friday I went Long at the close of the day into the weekend. That netted a $2500 trade right away when things opened up into Sunday evening. I cashed out on that, and was pleasantly surprised to see all those gains given up overnight. I then went Long again when we briefly went into negative territory at 3894, and moved up with it slowly, where I was...

06:54

SemperTrader Updated 

So while I exited a bit too early, my prediction came about yesterday, and here we are. With us being maxed out to the downtrend, except the 30m that just popped an uptrend, I've some concerns that we will have a technical bounce up to gather some of the higher timeframe trends before we decide if we go flat briefly and rally, or build strength to head...

06:07

SemperTrader Updated 

So I had done a short trade based on some in the moment indicators we'd have a bit of a bounce at 13:00 EST yesterday and going even lower after. It was a safe trade that netted just over $1000. Not bad, considering I didn't expect to go short at all. Overall we are in the same basic picture today as yesterday. I'll be looking for a technical move up to a 30m or...

11:27

SemperTrader Updated 

Not sure how the video ended up so long, probably because of the rambling on the Powell Testimony and the impact on the market, but here we are. The 4010 level stayed relevant so long that 4 trends in a row all landed on that mark even though they ended at different times. I wouldn't be surprised if we briefly revisit that level before we head further south. The...

09:51

SemperTrader Updated 

The rally I had expected showed up, and now I feel it is time to have a cooling off moment before it decides where we head to next. In order to save a lot of time, I've removed the trend lines I usually maintain, because it takes a while to have to draw them out, and just went with the major one that is in focus, and listing all the trends in the box. Ultimately...

08:12

SemperTrader Updated 

So, we absolutely struck my target zone of 3913-3930 yesterday. I waited for confirmation we'd spin around, and went long at 3945. As I said I cashed that out at 3988 just because I didn't want to hold into the close. That provided a 2 hour lower high uptrend mark, and I waited to see if we would cross that later once things opened back up, and got long yesterday...

04:12

SemperTrader Updated 

Short video today. Basically I attempted several times to go Long in the market, and was profit stopped out every time for about $100. I went Long yet again this morning at 3935, for the same reasons I went Long yesterday, we are basically maxed out to the downside and in violation of several trends that will demand we fix ourselves (the 3hr/4hr/6hr/12hr). The...

09:18

SemperTrader Updated 

So I was searching for a Long position, and after the close yesterday I went Long on both ES Futures, as well as 6E Futures. I woke up this morning to both coming in very well. I cashed in at just below $2500. While it looks like I may have jumped ship a bit early on the Euro, I seem to have gotten out at a good point on the S&P as we've given some of the gains...

06:49

SemperTrader Updated 

Don't worry, much shorter video today since I went through my long winded explanation of the overall market picture yesterday. So I had said I would short at a 1hr uptrend yesterday. I went short at 4013 for a $1000 goal at 3993. I did have to hold through the bounce up which began to signal a 2hr uptrend, and I cashed out early at 3994 when we came back down,...

14:10

SemperTrader Updated 

Greetings! Had a great time skiing up in Vermont, was nice to take a brief pause away from the market and enjoy the whole reason I trade for a living (more free time and flexibility). I'm back, and be prepared for a bit of a longer video as I catch things up. Trends; In terms of trends, we ran down along the 30m and 1hr trends to get here. While the 2hr was in a...

12:10

SemperTrader Updated 

So full disclosure, I cashed out my short from 4162 this morning at 4152. That was a $5,500 profit. I would have likely held the short for continued movement towards my goal of 3913 +\- 20, but I am heading to Vermont this week to ski, because Winter forgot to show up in most of the East Coast this year and I want to get some time on the slopes with my rentals I...

11:05

SemperTrader

So I still think we are going to head lower, though I expect a potential technical bounce here. I have some concerns that the 3hr/4hr/6hr are all higher lows, but at least at the moment we've broken below them so they aren't potential support lines going down. My next main target is the 12hr downtrend and how we react to that. Additionally, we have broken down...

06:23

SemperTrader Updated 

I cashed out on a trade yesterday, but ended up going short again towards the end of the day at 4152. We have a 30m/1hr lower low trend from yesterday, but our 2hr trend from yesterday is a higher low, and thus far we've bounced off of that. We also got 3hr and 4hr higher high trends just before the CPI data came out. When I saw that CPI showed inflation had...