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  1. L

    ES Journal - 2021/2022

    My trading model was very bullish prior to market Open anticipating 4235 on the day, but we sold off (retraced) a tad too much instead. Generally speaking, the odds of new highs today at this point in time are not very high and the odds are greater for new lows. However, I suspect that if NQ...
  2. L

    ES Journal - 2021/2022

    NQ saves the day.
  3. L

    Why Is The Obvious Not So Obvious?

    Both are fine. Your choice. :)
  4. L

    Why Is The Obvious Not So Obvious?

    On the subject of market selection: Why ES/MES? It's been said by many people elsewhere that ES is one of the hardest instruments to day trade and I believe several of the main posters in this thread said that stocks are far more easy to trade. But maybe that was more true in the past when...
  5. L

    Why Is The Obvious Not So Obvious?

    The obvious pre-requisite to trade any market is experience. “There's a difference between knowing the path and walking the path." Probably not the obvious, but still obvious, although not so obvious to most gullible idiots (me included) who enters this business starry eyed thinking we can...
  6. L

    Why Is The Obvious Not So Obvious?

    I have to agree with that, although I'm obviously no expert. LOL. :) The market can rise on high/low volume. It can fall on high/low volume. But my main concern with volume in an instrument like ES is that what you see is very misleading (and for obvious reasons). I do still plot volume, but I...
  7. L

    Why Is The Obvious Not So Obvious?

    Of course. While it's true that the e-mini S&P 500 trades continuously - it's still a derivative of the S&P 500 index which have a cash session from 09:30 - 16:00.
  8. L

    ES Journal - 2021/2022

    Upside target reached as far as I'm concerned - the rest is just a bonus. A bit 'too bullish' right now, but we could easily grind higher from here... This week was a V / Outside Week. I'd be surprised to see us drop below 4210 today, so most likely a sideways grind / higher towards ATHs for...
  9. L

    ES Journal - 2021/2022

    Been some very fast moves on otherwise slower days on ES lately. Or my software is lagging somehow. Got one just now on the 20.25 print.
  10. L

    ES Journal - 2021/2022

    4215 is a key level to hold here. Looking for a push to 20/25 from here as long as we don't dip below 4210 which would probably unlock 4200 below. Maybe 4230, too?
  11. L

    Why Is The Obvious Not So Obvious?

    So called S/R levels that you can visually see on a historical chart seems to me to not offer any real accuracy and are at best zones - not accurate levels. Intellectually, I never quite understood how volume analysis could mean f''k all in an instrument like ES/MES which is the subject of...
  12. L

    Gotta love ZERO RISK in the SP500 = $$$

    Huh? Today's ES session so far: - 19,25 / + 18,75 / - 9,00 / +27,50 for a total of 74,50 points on a 37,25 point range. A great trading session by all means.
  13. L

    Why Is The Obvious Not So Obvious?

    A narrow box may contain 'noise' and keep you out of the market when the direction isn't clear - whereas a single line may not do so. Neutral/flat inside the box. Buy/sell above/below. Same as above essentially. I'm on page 200 now and my studies came to a halt as life and trading caught up...
  14. L

    ES Journal - 2021/2022

    93,50 is a potential reversal zone - but with NQ clearing the Open and morning HOD I think we'll continue higher on the day.
  15. L

    ES Journal - 2021/2022

    I bet some people shorted that 'double top'.
  16. L

    ES Journal - 2021/2022

    Need some help from NQ now. Still below the Open. Would be odd if we don't trade above 90 from here and possibly all the way to 4200 by the Close, but you never know...
  17. L

    ES Journal - 2021/2022

    There's an open gap @ 52,50 which might hold some attraction on this leg down. I don't fancy the R/R on a short this late (congratulations to those who shorted the Open or higher) - so just waiting for the selling to settle and see if I can get a good long signal below 60.
  18. L

    ES Journal - 2021/2022

    Not 'heavy selling yet', but should find support here @ 70/72 for higher, I think. If not - trend day down in play. I'm flat and watching for buy signals now.
  19. L

    ES Journal - 2021/2022

    Bullish. An initial push to 4200 - with continuation higher or a reversal lower. Heavy selling on the Open would negate that scenario, but probabilities are +++ for a good move up for today.
  20. L

    False Advertisement with Try out firms like Top Step, One Up and Earn 2 Trade

    There's a progression ladder saying that you first need to generate $1500 of profits before you can trade more than 3 contracts. You exceeded that with 4 contracts. Considering the daily loss limit of $1750 (3,75 points gross on ES / 9 contracts) - it's not like you can trade 9 contracts...
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