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  1. L

    ES Journal - 2023/2024

    So, is anyone greedy today? 4150 seems like the safe target. If I wasn't putting money behind this I would probably be shooting for 60 or 75. But I think I will be taking 50 if I get it and be happy with that.
  2. L

    ES Journal - 2023/2024

    Sage advice. I haven't been quite sure when it relates to larger time frames, though. Generally, I'm more concerned with levels than actual bars. Here's how that NQ bar turned out. A strong reversal bar / false breakout. I was suspecting it... :)
  3. L

    ES Journal - 2023/2024

    For example. See prior green candle. That bar must have looked really scary at one point. Based on RTH charts - I think NQ may have found some support here. I re-entered long on ES (29.50), but won't bother to update the trade here. Same game plan in effect targeting 50 on the day, although I...
  4. L

    ES Journal - 2023/2024

    Stopped on that prior long. Waiting to re-enter long.
  5. L

    ES Journal - 2023/2024

    I'm no expert on NQ, but it seems like it routinely will go down to a range low and appear like it's going to break (no doubt luring in a few late shorts) and then snap back up. Maybe even more so than ES. Or generally appearing weak - just when it's about to reverse. I may be about to take a...
  6. L

    ES Journal - 2023/2024

    And once again just now. I'm thinking the next attempt should take us above and maybe all the way to 4150 pre-market. I won't be greedy, today. If I get 4150, I'm happy for the day. :) Rinse and repeat if stopped. EDIT: And a 3rd and a 4th time. Won't be around to monitor for the next minutes...
  7. L

    ES Journal - 2023/2024

    Two open gaps above on ES: 4158.75 and 4175. For SPX that's 4147.48 and 4164.07. That's what I see as short term targets to the upside.
  8. L

    If most ppl lose when they try to win $$, what happens when they "try" to lose $?

    If you’re trading «noise» with small/moderate stops as many do, I’m sure the outcome will not be very different if you reverse your entries.
  9. L

    ES Journal - 2023/2024

    ES reversed off Friday's Close for now. I'm sure this dip will be bought - one more time before any possible major reversal lower. But considering the extent of last week's major move higher I can easily see us pullback to say 4100 - 4105 first. NQ at overnight lows here. Let's see if we...
  10. L

    ES Journal - 2023/2024

    And stopped B/E. Don't think I'll re-enter here as I won't be around to monitor. Hopefully, I'll wake up to a good bargain tomorrow morning at lower prices and don't miss it.
  11. L

    ES Journal - 2023/2024

    Bought this dip (4128). Will stop out for a small loss and re-enter as this can easily PB to low 4100 before higher. Target for tomorrow is 4150/75. I figure there's a good chance I'm going to stop out as I may be a tad too early, but there may be enough FOMO to keep this going higher even...
  12. L

    ES Journal - 2023/2024

    I feel fairly confident we'll take out Friday's High in Monday's RTH session. The tricky play be if we open above Friday's High as that means we're vulnerable for a sell back inside Friday's range. If we open gap down I'll be buying with both hands - assuming price confirms of course... :cool:
  13. L

    ES Journal - 2023/2024

    Here's the month of April last year starting at the vertical line - preceded by a strong rally higher in March 2022. I imagine there was a lot of bullishness by end of March last year as well which turned out to be an actual market top at the 29th of March and April being a big down month with...
  14. L

    ES Journal - 2023/2024

    Range bound over the last 10 months after the initial drop from all time highs. You think we'll break above 4200 this time and don't look back? I'm not so sure... The market's shown what appears to be tremendous strength on all prior rallies only to run out of momentum and reverse back in range.
  15. L

    ES Journal - 2023/2024

    What makes you convinced of that? The same was said multiple times last year as well...
  16. L

    Scalping_My Way with ACV

    Of course it's not. History repeats itself and price is patterned - meaning that the same patterns are repeating themselves over and over again with only some slight variations. What's happened in the past will happen in the future. Again, again and again. If not - how could we possibly...
  17. L

    ES Journal - 2023/2024

    My God. That was a strong trend day higher to close the quarter. Did anyone else feel that the markets changed this week? Slower pace. Slower volatility. And buy the dip seems back in vogue with only shallow retracements. Should be interesting to see if this continues or if we'll initiate a...
  18. L

    ES Journal - 2023/2024

    Flat at 98.25 on a trailing stop after the 4100 print. I don't see why this can't continue running, but it's all uncertain and I'd rather book the day. Would have been a beautiful day if I held the original trade to target, but caught a few crumbs afterwards at least. Apparently not. Please...
  19. L

    ES Journal - 2023/2024

    Went long again on that dip as the dust settled. Super tight stop (88) as this can go all the way back down to the close from yesterday. This is all free wheeling and "experience", but I have a hunch we'll see that 4100 print today in RTH. Maybe 4110/4115.
  20. L

    ES Journal - 2023/2024

    Holding through this release with a trailing stop at + 2.5 (84,50). I'm not expecting this to have any serious slippage like last falls CPI's and hopefully the cat is out of the bag by now regarding that type of news. I typed the above pre-release and didn't have time to post it. Believe it or...
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