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  1. L

    ES Journal - 2021/2022

    Big move coming - one way or the other. I hold no strong opinion. I just have a hunch that playing the short side won't be as easy, i.e., massive counter rallies. So, as I lack a bit of conviction I'm just waiting a bit here.
  2. L

    ES Journal - 2021/2022

    Anyone like playing this? Way too whippy for me. Clearly a lot of volume going off here as my volume charts are moving fairly fast. I'm sidelined waiting for some clarity here. I would feel most confident about participating in a move higher back inside yesterday's range, but not picking a...
  3. L

    ES Journal - 2021/2022

    Long when that news report failed to reverse the market below yesterday's close and left behind a nice "tail bar". 6 points locked in to make sure I take something off the table. Targeting the top of the range trying to not be too greedy. EDIT: And stopped for 6 points of profit. No...
  4. L

    Any experience with prop firm: TradeDay

    The only thing you need to know is that it's not a "prop" firm. It's a hamster wheel. :)
  5. L

    ES Journal - 2021/2022

    I thought that was what I was sharing most of the time, i.e., my view of the market, where I think we're headed and what I'm looking for short-term. A real time trade with entries and exits does not contain anything of value if you don't understand why the trader entered where he did and why he...
  6. L

    ES Journal - 2021/2022

    I hope you didn't miss my losing day yesterday. Ended my 15 day streak with a biggie yesterday. Thankfully, I had a few biggies to the upside, too. So no major damage, but still humbling.
  7. L

    Market lesson at this time...

    Sure. But considering that he's not trying to mentor anyone or making any outrageous claims he's not the first one I'd like to see naked. :)
  8. L

    ES Journal - 2021/2022

    This is the chart I posted on Sunday where I referenced that I would watch for either a failure or acceptance above that 3900 level. It turned out to be a failure and reversal off that level. We just hit the first target to the downside. Here's an updated chart (with a few lines removed)...
  9. L

    ES Journal - 2021/2022

    Holding into the report and trading the following minutes seems like gambling to me, but I'm sure there's some who can navigate it. After the initial rally which made a new HOD failed and we dropped below yesterday's Close it seemed evident that we'd go lower. I had actually shut down my live...
  10. L

    ES Journal - 2021/2022

    The Ho?
  11. L

    ES Journal - 2021/2022

    Took a few small scalps just to print a green day after yesterday's sillyness. The last one being a late short as we made new lows, but didn't want to risk a 20 point counter move, so stopped out for 5 points. Headed lower, though. But the path might be rocky. If I were short from higher prices...
  12. L

    ES Journal - 2021/2022

    3800 by the Close to fill that gap below looks about right.
  13. L

    ES Journal - 2021/2022

    Sweet entry. Breaking it even? Could see a good drop here into the Close.
  14. L

    Market lesson at this time...

    I actually think that's a great idea. I've been thinking something similar myself. Hell, even just verifying that people actually have a trading account in the first place.
  15. L

    Market lesson at this time...

    Relax. I'm not aware of any wager. I was just joking around that if you offered me money to show that my trades actually are real similar to what you did with that other guy I would have taken it. I read ET without logging in from my phone from time to time and it happens that I see your posts...
  16. L

    Market lesson at this time...

    I was up close to 50 % before yesterday's mess-up, so that would have been even better. LOL. Remember, this is day trading futures and it's a leveraged account. I day trade ES. No overnight trades. I have detailed statistics on my trading computer, but generally I'm in a trade anywhere from...
  17. L

    Market lesson at this time...

    Of course! Who doesn't? :) My expectations are however lower than they were when I first started out and in a sense I gave up a while back, but I'm still trading and plugging away. Yesterday was a set-back ending a 15 day winning (gross) streak, but I'm still up about 30 % so far this month...
  18. L

    Market lesson at this time...

    Those small stops adds up quickly, though. Regardless, my point is there's a bit more nuance to it than simply buying S and selling R. Then again, I'm not a market millionaire...
  19. L

    Market lesson at this time...

    First off. How do you define support and resistance? On which timeframe/s? Second. You’re at support/resistance and price is wobbling. How do you differentiate between support actually holding or breaking? Yesterday was a prime example of false breakouts and price overshooting. I don’t...
  20. L

    Market lesson at this time...

    No offense, but your advice is about as practical and useful as saying buy low and sell high.
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