Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Trend Break?
I've been doing better with the /ES since yesterday. I managed to get off some profitable trades last night, and I remain in position short 20 ES in each of two different accounts. I've updated my stop to 866.50 (that is, anything above is a stop). It looks like we may have a short-term trendline break here.
One Picture Says It All
Terrorist Fist-Jab
Commodities
To say my bearishness has not been serving me well lately is a huge understatement. I missed a nearly 80 point upward move in the S&P over the course of just a few days, and even my SRS trade – – entered just 15 minutes before today's close – – got blown out in no time!
I've moved into three very similar-looking commodity charts. I am toning down my bearishness (since I'm kind of fond of making profits) and am moving into these charts since they seem to have the best likelihood of a move upward.
