GMB
3.2K posts
GMB
@SerfdomRoad
guitar professionally. #antiwar IG - Goodbye, Mr. Burton... #ES_F and options
Katılım Ağustos 2019
410 Takip Edilen89 Takipçiler
@AdamMancini4 Why isn’t the 35 recovery actionable? Just because we a 20 pt reclaim of 50 so the 50 reclaim better?
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Good to have vol back & makes our job as lvl to lvl traders easier. 6969-72 is the "bear control below" line as warned in #ES_F. 6950 reclaim was long trigger there. We triggered, hit 69-72 *exact*, sold
6935, 6925 were next, at ~25 now. Bulls must recover 6950. 6913, 6909 below
Adam Mancini@AdamMancini4
We finally have volatility and its a day traders market. 6969-72=bull/bear line as posted. Bears control below. I posted 25mins ago #ES_F must recover 6950 to see 6964, 6969-72. We recovered, hit 6969-72 *exact*, dipped. Protect gains 6935, 6925, 6913 below. 50 reclaims to pop
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@AdamMancini4 That was a rough double dip fbd but happy that I think I executed that (almost) properly. Cut my 25% runner to 10%, then cut the whole trade after initial profit at 56. Jumped back in for 1/4 size. Still runner now
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There's 6766 in #ES_F. This morning, we lost key support at 6798-6802. We back-tested it from below and flushed hard. This is a healthy pullback. 6748-51 had to reclaim as posted to see 6766. Bulls have work to do still
6772 next, then 6782-85, 6798-6802. Bears control below it
Adam Mancini@AdamMancini4
Its been one way traffic since the open today as #ES_F continues to sell from yesterday's 6852 backtest of the Monday breakdown. 6798-6802 was next big backtest this morning and flushed since. No change: 6748-51 must recover to see 6766+. Bears fully control<6798-6802 minimum
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@AdamMancini4 @Jrivera6767 @ESFuturesT41922 Everyone learns this the hard way. It can be tricky to get in w enough buffer but I’ll even take 4 pts if my execution is bad. Win for me
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@Jrivera6767 @ESFuturesT41922 6757 is the first level up from 48. profit takes are always level to level
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Sell bounces continues in #ES_F as posted, bears control until we get some structural reclaims. 6852 back-test started it yesterday. 6798-6802 was huge resistance this morning, and we back-tested, flushed.
Bulls must recover 6748-51 now to pop to 6766+ again. 6728 next down
Adam Mancini@AdamMancini4
Yesterdays target was 6851 to backtest Monday breakdown. We hit it & bounces sold since. 6798-6802 was huge resistance as posted, hit, sold again. Bears control until major res reclaims (6798-6802) Chop now 66-57. Bulls must reclaim 6772 to try a bounce. 51, 45, 28 below
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@AdamMancini4 Was 50 not the right trade since we didn’t really have structure there yet and didn’t make it all the way down to 45? I took 50 after we jumped above then retested, but thinking I might have just got lucky
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We spent all ystd holding 6798 in #ES_F: Now its resistance. We got an "elevator down" sell last eve. Newsletter Readers know those *always* cause a short squeeze. 6766 reclaim was long trigger, +35
Plan today: 6798 must reclaim to see 6807, 6815+. 82-85=support. Dip to 66 below
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@EpicCharting @AdamMancini4 Can you illustrate the hidden bearish you see? I’m new to the concept but trying to understand it more, how the lines are drawn.
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Earnings in the books for #ES_F and bulls did what they had to do. 6869 was key support posted this morning. We flushed it 320PM. I posted at 3:36PM bulls had to recover with force to run, they did. *Protect gains*
Must defend overnight or we sell. 6907, 6916, 6928 next up
Adam Mancini@AdamMancini4
Closing update #ES_F: Earnings incoming at 4pm and 430PM so size down. Big inflection point here at 6869 and bulls need to accept this and recover with force. Otherwise next leg down sees 6841. Newsletter was sent out 1hr ago in preparation for earnings.
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GMB retweetledi
@AdamMancini4 That was a tough one to grab. No acceptance there really at 12 before getting to 25 quick. Was afraid to jump on that w the elevator down
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That played out as well as a setup can in #ES_F: After losing the 6756-60 flag, support was 6698-6702 as posted. We went 'elevator down' and held 6698 *to the tick*. I then posted 6712 must reclaim to pop to 6725+. We reclaimed, and hit it.
6744, 6756-60 again if ES wants more
Adam Mancini@AdamMancini4
The sell continues in #ES_F off the 6756-60 two day flag failure. We lost it, back-tested it 2x from below (including once exact 11:45AM) then down we went. 6698-6702 was next support and we just tapped it exact and bounced. 6712 must reclaim to pop to 6725+. 6688 below now
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@ES_Money_Print @AdamMancini4 Is the 59 line a trendline? The low yesterday was like 52, even tho the zone was 55-59? I grabbed it too but I wasn’t super confident where to get in. Worked out regardless
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@AdamMancini4 pls tell me you traded 6659 FBD. I had to read fast while market moving fast 😂
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After running to 6752 this morning, #ES_F took another elevator down leg down. No coincidence where we bounced. Per newsletter, 6655-59 is the uptrend line connecting Friday's low with yesterdays. Held exact, squeezed. *Big decision point now*
6695/6702, 6719 above. Hard sell<55
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GMB retweetledi
ALL Russiagate hoaxers to the gallows.
Acyn@Acyn
President Trump calls on Andrew Weissmann, Lisa Monaco, Adam Schiff to be “looked into” for political crime: I hope they will look at all of these people. And I am allowed to find out I'm allowed, you know, I’m in theory chief law enforcement officer.
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@Jerrythe_trader @AdamMancini4 Taco Trades man… market seems to have priced in the higher probability that Trump will cave like a wussy boy (which is good for everyone in this country).
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@AdamMancini4 @SerfdomRoad I thought we had more downside coming from trade war 🤷♂️
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There's 6718-23 hit in #ES_F & perfect conditions today. We hit 6766 target, sold 115 points. What comes after every "elevator down" sell like that? Should be review: Short squeezed. We hit 6553 support. Triggers were 6667 or 6684. 6718-23 hit
*Protect gains*. 28, 40, 66=bonus
Adam Mancini@AdamMancini4
Dream market for day traders with #ES_F giving 100 point legs easily. 6766 was my rally target/back-test zone. We hit it exact, sold 115 points. 6652-55 was support, it held, bounced. Newsletter readers were given the 6667 Failed Breakdown long. +25 on that 6699, 6718-23 next
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@RubinReport What happened to you bro? - you used to have a decent head, even though you’ve always been pretty stupid. Now youre just a hasbara grifter. Even worse cause you’re dum. How the fuck did you get where you are? Who did you sleep with? Or were you a DEI hire? So confused
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How absolutely ridiculous and yet totally obvious that Bernie, AOC, Rashida and virtually all of the progressive leadership hasn’t tweeted a word about the Trump peace deal even though they’ve been screaming about “genocide” for two years.
They should be dancing in the streets and instead silence.
The masks are off.
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@AdamMancini4 @ashwagamma @ABalinskiy should make a section with like 🚨🚨 on it and say exactly this as a disclaimer, that “u should only be reading this section if you’re profitable” or something like that. After 50k+ in education of losing, I’m finally profitable this year! I think I’d be ready to dive into this
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Yes - there is a reason I don't discuss in the newsletter. It is a very advanced tool, I have thought about how I can incorporate in the newsletter but there is such an art to it (and its got little value for timing) that it would just cause most to forget about what really matters which is price.
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This week has been all about 1 lvl: 6699-6700 in #ES_F. It held/trapped 6x ystd. My target off this was 6744, we hit it into the close, dipped. Overnight, we trapped 6699 for the *7th time* giving us a monster failed break
Plan: 6699-6705=support. 6715, 6731, 6744 next. Dip<99
Adam Mancini@AdamMancini4
Its an #ES_F tradition for it to hit targets into the close & today no different. 6731 target hit. Today's target slate off the 6699 "ATM Machine" (which held/trapped 6x) were 6711, 6714, 6719, then 6731. 6744, then all time highs are above Newsletter out soon with next targets
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@kevinc2114 @AdamMancini4 It did in hindsight as well. I struggle when there’s no structure tho and we’re just whipping around. There was acceptance for sure cause we lost it then reclaimed it but I’m always hesitant without structure. It just knifed thru 46 this morning
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@SerfdomRoad @AdamMancini4 not to mention we got the acceptance we needed for that long, pressing the buy button on 31 seems great in hindsight but in reality during knife down action its a 50/50 trade no different than pressing buy on 46 one worked out one didnt thats all
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Its good to see a return of volatility and it makes our job easier in #ES_F (more moves, more two way moves, better follow through). 6631 was support as posted. We held exact. 6644-46 reclaim triggers up to 6660, 6680-83. We hit 60. **Protect gains**
6705 above 80. Sell hard<31
Adam Mancini@AdamMancini4
There's 6631 hit exact in #ES_F. We are 75 points lower from the 6705 back-test last night & its charting 101: 6705 was a 2 day support shelf. Lost yesterday, bears took control. Back-test last night, sold. Above 6644-66 we work back to 6660, then 6680-83. 6630 fails, sell 11
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@kevinc2114 @AdamMancini4 Don’t always get them. The buy off 31 was the trade today. No FBD until yesterdays low clears and it would be complex in this context
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@AdamMancini4 Buy into close again. This should get to 99 at least now with how long we were trying to chew back thru 91
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Closing update #ES_F: Bears took control today, and retain it into the close. They did so by losing the ~6705 zone. 6691 was key below there and ES agrees, we've spent 4hrs glued here. 6699, 6705 above. Bears control until 6705 recovers. Newsletter out soon talking next downside
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As posted, it's repeat of yesterday with the morning dip then mid-day chop. #ES_F Likely moves into the close. Bears took control today by holding 6719 to the tick, then losing 6705. They have control until 6705 recovers.
No change: 6691 reclaim sees 6699, 6705. 6670-74 below
Adam Mancini@AdamMancini4
Today is Deja-Vu from yesterday with the morning dip, then mid-day chop in #ES_F. Bears took control today by defending 6719 bull/bear line to the tick, then losing 6705. I posted 6691 had to reclaim to pop, and nice push to 6699 so far. 6705 remains above. Bears control below.
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@DolphinWick @kevinc2114 @AdamMancini4 Yeah this is a tough one. I don’t want to cut it too early either
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@SerfdomRoad @kevinc2114 @AdamMancini4 And the problem is the last swing low, at 6702 is 9 points away from 11, and 99 is right there very close to the swing low. I'm afraid this can take out stop and take off from there. I'm still in too but this is taking forever.
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There's 6711 in #ES_F and volatility picking up a little more *finally*. 6745-6756 was a flag as posted at 8am. We popped to 6756 exact high of day, then broke the flag. 6730, 6719, 6711 were downside supports and at 11 now.
Watch for recoveries of 6711. 6699, 6693 below now
Adam Mancini@AdamMancini4
Slowest day for #ES_F in a 2 weeks as we digest the parabolic run. 6745-6756 was a flag posted at 8am. I was looking for a pop to 6756. We hit it, set the high of day, broke the flag down. 6730 was support, here for 1hr. 6719, 6711 below. 6730 reclaims with vol see 6740, 6745
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