Founder's Trading Journal Epilogue – 4/28/2021 by AF Thornton Jun 28, 2021 0 Comment Bulls 3 - Bears 0 - A Happy Finish As measured by the S&P 500 index, the market did the two-step liquidation breakdance into the 5-day EMA (just slightly below the Globex low we identified as the key line in the sand today). By this time, the bears had made three attempts to turn the market in their direction and failed each time.Just after I published the Mid-Day Outlook, the Algos kicked into gear, and the market rallied nearly 15 points into the close.I will have more to say in the morning, but the bull survived another day. There were three good short trades, one sloppy long, one mediocre long, and one final fabulous long. I will lay them out in the morning as well. It was a fantastic day-trading day.A.F. Thornton
Related Posts Founder's Trading Journal Accounts Founder's Trading Journal Pigs Get Fat – Hogs Get Slaughtered Founder's Trading Journal Reducing Positions Founder's Trading Journal Mixed Signals / Taking Profits Founder's Trading Journal Sell When You Can – Not When You Must! Founder's Trading Journal Onward. Upward, or Look out Below… Founder's Trading Journal New All Time Highs and Then? Founder's Trading Journal Sputtering Near the Channel Top… Founder's Trading Journal The CP Lie Inflation Report is Out – Sell the News? Founder's Trading Journal Raising Stops to Lock in Profits
AF Thornton Website: https://tradingarchimedes.com A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.