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    ES Journal - 2023/2024

    August 2 high was 5473.25, and high of day today 5473.75. If ES gets above there and doesn't sell off quickly, then August 1st high is 5600.75. That's where we're going if ES makes and maintains new highs after the open. Not necessarily today, but then again, why not today? I feel ES is...
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    ES Journal - 2023/2024

    I'm not one to make such predictions usually. I feel it might get there between this week and next week. The Fed economic symposium starts next Thursday I believe. Maybe rally hard into the Fed meeting and then we see the seasonal weakness you mention set in? I'm not trading it that way...
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    Golf drive distance

    How many votes short of the Club President were you?
  4. F

    ES Journal - 2023/2024

    BTFD mode engaged. I feel very confident that no world news will derail the ES from trading back to within spitting distance of the all time high, and it probably goes higher.
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    Golf drive distance

    I'm sorry you feel that way. I've been laughing since I posted it!
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    Is Scatty Completely Full of Crap About Price TA?

    That is terribly, incredibly sad.
  7. F

    ES Journal - 2023/2024

    I'd never criticize anyone's choice about how they like to see price presented. I won't criticize indicators or anything of the sort. This really is about getting your mind right with how the market works. No one knows you better than you do. I tried candles back when I was trying to follow...
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    ES Journal - 2023/2024

    @schizo posted a weekly chart and you're posting a daily. ES opened closer to last week's lows. By the time SPX opened on Monday, it was well below its previous week's close. The SPX weekly chart feels very bullish to me. Gap down open and then rally to close at its highs? I dislike...
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    ES Journal - 2023/2024

    I feel that as goes the NQ so too will the ES, and here about an hour into the lunch session, things are looking cheery for those who prefer BTFD mode. I don't have a feeling one way or the other. I do feel that today is likely to finish as a range day near the highs of the current range. No...
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    ES Journal - 2023/2024

    Potential for big sell if this pattern continues today. Potential for a big trip in my little rocket ship if it trades to new highs on the day after the open. None of this constitutes me making a call. I have set ups I use to more or less keep me right sided. At the moment, the right side is...
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    What is a satisfactory return according to you?

    The only two answers that make any sense to me.
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    Making trading calls is futile imo

    Thankfully "you don't need to know what is going to happen next to make money" - Mark Douglas. I'm not much of a fan of Mark Douglas. But he is correct on this statement. Can I predict price in the next 5 minutes, 5 hours, 5 days with 100% accuracy? No. Can I predict it at a rate far...
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    ES Journal - 2023/2024

    Yesterday's high was 5359.25. My take profit before getting stopped on my trail stop was close to that level. Here is my updated NQ daily chart. I posted this early this morning when the NQ was much, much lower. NQ is back above 18500. If it doesn't get sold this time and these high prices...
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    ES Journal - 2023/2024

    Stopped on a trail stop ay 5307.25, 6 ticks before the pullback low lol. Stay, humble, Flash Crash. Stay humble or the market will humble you. I'm done for the day.
  15. F

    ES Journal - 2023/2024

    It's been a long, rough four years, honestly. Funny you should mention patience and "smart(ness)". Trading had been a real journey of self-discovery for me, and one of the two areas I discovered causing me most of my difficulties was my lack of patience which led to FOMO and sometimes verged...
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    ES Journal - 2023/2024

    That prop account has been an incredible confidence booster for me. Without my experience with that account, I'd not be doing what I'm doing in my personal account. The prop account will allow me to build to a size I would never feel comfortable with in my personal account. The prop account...
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    ES Journal - 2023/2024

    This is my own account activity today. Took -5 points on my first long but I've been gobbling up profitable points ever since. I adjusted my trading plan, @Laissez Faire, to trade my scalpalicious slivers, and if a certain profit threshold is reached, and the set up is there, I can then hold...
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    ES Journal - 2023/2024

    Here are some NQ daily chart observations. Stop hunters, if they do exist, have been doing well. One of these days, one of these previous highs or previous lows will break, and the reversal won't come. That, I feel, will be the real tell. A daily close above 18500 would be a tell. A daily...
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    ES Journal - 2023/2024

    A lot of year left and three whole months until the election. I read an old Yale Hirsch piece on the election cycle and it doesn't seem that the market can't have a nice little shakeout on its way to new all time highs. Also the market is still well ahead of its 4th year average gain. The...
  20. F

    Golf drive distance

    A man is on his deathbed, and he asks his wife, “Martha, soon I will be gone forever, and there's something I have to know. In all these 50 years of marriage, have you ever been unfaithful to me?" Martha replied, "Well, Henry, I have to be honest with you. Yes, I've been unfaithful to you three...
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