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  1. L

    ES Journal - 2023/2024

    Last week's RTH mid-point on ES at 36.25. Could trigger a bounce if we get there. Market's in a range now and pushing the lower end of the range. I just know I don't want to short this action, but who knows.
  2. L

    ES Journal - 2023/2024

    2nd last trading day of January today. Nice bullish bias. Negative bias for the last trading day of January, actually. If we close down - 1 % today it will be the first time in a long time we do that on the 2nd last trading day of January. May not mean anything though, but that's just some of...
  3. L

    ES Journal - 2023/2024

    I stopped out for 1 tick of profit on the 48 long trade. It would now be 2,5 points in the red. If we bottom out and make a new push higher I can re-enter again at 48.
  4. L

    ES Journal - 2023/2024

    I'm curious what you don't understand at all. My view for today (based on my statistical model, not hope) have been clear as day, i.e., I'm looking for a new HOD by end of day. My initial entry wasn't bad, but I decided to give it some room as a move lower and even a new LOD was within my...
  5. L

    ES Journal - 2023/2024

    And stopped again. 1 tick of profit. If we reverse higher today it should be around this time slot. If not, I was dead wrong today. Flat and watching for now.
  6. L

    ES Journal - 2023/2024

    Probabilities, sir. Not certainties. I couldn't have known in advance that the market wouldn't drop even lower on that push down. I like to use 10 points as my maximum stop and in this case I exceeded that by 1 point. I've used larger stops in the past, but once in a while they do get hit...
  7. L

    ES Journal - 2023/2024

    Lots of hindsight winners here, so how about a hindsight loss? :) Just stopped out of a long here at 44 for a 11 point loss intraday. I'm looking to re-enter long, but will wait a bit and see. I still think we're close to bottoming out intraday.
  8. L

    ES Journal - 2023/2024

  9. L

    ES Journal - 2023/2024

    I see three swing lows here. Looked like an IHS to me at the time. This last push lower did change the picture a bit, though. I'm still bullish here, though. I don't see us selling off today.
  10. L

    ES Journal - 2023/2024

    Yeah. Maybe. I can a see a small move below the LOD and still higher on the day. Not ideal of course - as I'm long. I just don't think we'll see a big move lower today, but I may have misread. Let's see where she goes.
  11. L

    ES Journal - 2023/2024

    This is the part of the day that can really f''k up a lot of traders. Buying surges and selling drops and the market's going nowhere. Getting stopped out with small stops. Got to perceive the day ahead. And with a high degree of probability we will see the main move higher starting a bit later...
  12. L

    ES Journal - 2023/2024

    No doubt trapped a few late shorts on that spike low. Let's see if they can carry us above 60 from here and later a new HOD. We now have an IHS in place intraday for those who believe in that. I'm not sure if I do, but I sure as hell don't mind when they line up with my original hypothesis. :)
  13. L

    ES Journal - 2023/2024

    Good bargain down here with a very attractive R/R.
  14. L

    ES Journal - 2023/2024

    My prediction for today is a new HOD by the Close. Most likely 4084 - 4090. Support here at 55, but we could make a small dip below the current LOD before going higher. I may easily be wrong... :)
  15. L

    ES Journal - 2023/2024

    Still around as far as I can see.
  16. L

    What Do Hedge Funds Think of Technical Analysis?

    Really? Says who? This is the definition of TA. No need to attribute your own interpretations to it.
  17. L

    Right NOW is a classic time to understand and trade "Price TA"

    No hobbies outside trading? When I get back to full-time trading again I won't rule out trading cryptocurrencies for the weekend opportunity. But all in all I feel 2 days off each week is good for your sanity and general well being. :)
  18. L

    My job is holding me back

    Efficiency, the way I understand it now, means that the markets are always correctly priced. For e-mini S&P futures that means for example that the cash index and futures are always moving in lock-step due to index arbitrage performed by computers/program trading. And I have not even mentioned...
  19. L

    Right NOW is a classic time to understand and trade "Price TA"

    Mickey, What's up? Too much whiskey last night? :) Your posts really reek of small dick energy and insecurity. What you're really saying is that you have a superior method that's not based on PA/TA, but just like the OP saying that is about as useless as the original post without a...
  20. L

    Right NOW is a classic time to understand and trade "Price TA"

    That's a funny story. Thanks. I agree 1000% times 1000 raised to the 5th power. As a rule of thumb those who preach the most here know the least and those who know the most keep to themselves. I think that's a safe belief that would benefit many to adopt. Don't trust what anyone here says if...
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