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  1. L

    ES Journal - 2021/2022

    As mentioned yesterday. We're almost here, now. And just about about filled that gap. Either this level will be rejected (but may not happen before tomorrow?) for a reversal or we'll trade back above this 3900 level and continue higher. Looks and feels (careful) pretty damn bullish now...
  2. L

    ES Journal - 2021/2022

    Although it could be tempting to join that final pop to 3920 which I think is coming. But it's far from certain, so with a lot of intraday biases already fulfilled, why risk a good day's work? :) 19,50 ES points today.
  3. L

    ES Journal - 2021/2022

    WTF was that. 10 points BO faster than I could blink (and move my greedy limit order). Took a few more scalps on the long side. NOW, I'm done. :)
  4. L

    ES Journal - 2021/2022

    Market's in a range. I definitely agree with @schizo in that we might be stuck until FOMC. Maybe a pop to 3920 to fill that gap.
  5. L

    Advice on how I should Raise Trading Capital?

    What the hell did I just watch... :)
  6. L

    ES Journal - 2021/2022

    Something similar, yes, but intraday. I think trading needs to be aligned with the metrics of the market you're trading. So, if you're trading ES short term intraday, the market rarely moves 10-20 points without a good retrace. So, get out on a limit or trail a stop aggressively behind price...
  7. L

    ES Journal - 2021/2022

    88.75 is still a possible failure point intraday, but we might have a chance to regain that 3900 range if we trade above 3890 now. I'm starving. Had a 9 hour workday and got right to trading. Might have to be satisfied with this for today.
  8. L

    ES Journal - 2021/2022

    Had to take that breakout. It was too obvious.
  9. L

    ES Journal - 2021/2022

    IHS in place intraday over the last hour. Let's see if that can trigger a breaekout to 88,75 (where it still can fail and reverse). Not participating at the moment. Just watching. Still a bit of a bear, but can't marry that view.
  10. L

    ES Journal - 2021/2022

    And out for 6 points. I still think it's possible we have the week high here and I may have stopped out on noise, but it would be a shame to not take anything off the table. If there's one mistake I made in the past it was that I was often swinging for the fences a bit too often giving back many...
  11. L

    ES Journal - 2021/2022

    Locked in 6 points. Either this will be a nice scalp or a good swing.
  12. L

    ES Journal - 2021/2022

    Screw it. I'll take it off for one tick and rather re-enter as I'm around to manage it now. But basically we're following my thesis from yesterday now. The initial attempt at 3900 failed, so I'm watching for a reversal from here now. If we blast higher, we could take it out on a second chance.
  13. L

    ES Journal - 2021/2022

    We could have the week high here, boys. When I saw those beautiful tails above 3900, I was practically running from work to my computer to catch an entry. I'm short from 86,50. Will give it some room to breathe for now. 5 points. If we tank - I will probably just hold this week.
  14. L

    Advice on how I should Raise Trading Capital?

    Please take the time to re-read my first and second post in this thread. I specifically said that 10 years is a good approximation for a retail amateur on his own in order to have a fighting chance at success. There's certainly no guarantees. If anything, I said this to give the OP a sense of...
  15. L

    Advice on how I should Raise Trading Capital?

    How come? Probably true.
  16. L

    ES Journal - 2021/2022

    I wanted to short 70 before heading to work, but didn't like the R/R not being around to manage the position. And now we're close to 50. If I can get on a good short entry in today's RTH session and I like what I see, I may try to hold until end of week with a B/E stop. I think we can have a...
  17. L

    Advice on how I should Raise Trading Capital?

    If you read my prior post, I said 10 years is likely a good estimate for how long it would take a retail amateur to have a fighting chance in the markets. I also said that day trading can be very lucrative for a select few, but not for the many. Price is clearly not moving randomly. Although of...
  18. L

    ES Journal - 2021/2022

    And that's assuming we even get a test of that 3900 level. The last 2 times we printed a similar structure as that of Friday - the market tanked the following Monday. But let's not get ahead of ourselves and see where we open first.
  19. L

    ES Journal - 2021/2022

    Next week could be a biggie to the downside. I suppose it's all contigent on the FOMC come Wednesday. 3900 have been a good supply zone, but it broke by end of last week. I'm mainly looking to see if we can have a test and rejection of that zone or trade back above that level. If 3900 fails...
  20. L

    Anyone trading next week seasonality ?

    A look at where we're at and where we might be going... SPX Monthly Price is contained between supply at approx. 4150 and demand at approx 3785. There was a failure to breakout of this zone starting at the 10th of August. It looked promising for a while, but turned out to be a massive failure...
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