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  1. L

    ES Journal - 2021/2022

    Had a limit in place for 20 points, but got greedy. Looks like we can make new RTH lows by the Close if 3950 doesn't hold.
  2. L

    ES Journal - 2021/2022

    Not sure if serious.
  3. L

    OK, who is going to lie and say they saw today's HUGE drop in the charts?

    So, with the markets closed, let's focus on the week ahead. :) Outside Week or where are we going by Friday?
  4. L

    ES Journal - 2021/2022

    Thank you for asking. I have no idea as of now, to be honest. I like using statistics and what I call my predictive model, but I think we're off script now, so I'm not putting too much stock into it as the n is likely too small. If I were to guess, I'm thinking we'll see an Outside Week -...
  5. L

    ES Journal - 2021/2022

    That down move today following the news release was simply incredible. Have anyone else seen anything like it? 69,25 points down in 9 seconds for the initial move before a very brief stall (less than 10 seconds). 119,50 points down in 58 seconds. I imagine there must have been some slippage...
  6. L

    ES Journal - 2021/2022

    Wow. Looks like that record decline for 2022 can be exceeded today. 4.51 % down now. Kudos to those who shorted this and rode it all the way. It's maddening to think that I was short around the Open today. And my sympathies with those who gave back losses on their longs today. I don't...
  7. L

    ES Journal - 2021/2022

    LOL. You finally stuck your neck out with something resembling a call and it was wrong. LOL. But hey, it beats being a Monday Quarterback. :) The only problem I see with this is that you did have a very large move in your pocket. It's not like you had 10 points of unrealized gains. Surely...
  8. L

    ES Journal - 2021/2022

    Intraday low is down 3.98 % as of now. We have 4 other days in 2022 exceeding this with the maximum at 4.6 %. This data supports my comment about the markets being oversold intraday here. At least we're in the ballpark.
  9. L

    ES Journal - 2021/2022

    Total capitulation. Bidless market... My 2D method is at a loss here, so I'm not touching this right now. It's way too uncertain and oversold. With oversold, I'm not saying it can't go lower. I'm just not touching it. Dug myself out completely. Well, after costs it's probably a slightly red...
  10. L

    ES Journal - 2021/2022

    But like you said earlier yourself - it's not a profit until it's realized. The entry is only half the game. Arguably the most important one, but it's when you exit you get paid. I don't know the depth of your method, though, but I can only imagine that you had some kind of scenario for how...
  11. L

    OK, who is going to lie and say they saw today's HUGE drop in the charts?

    I was suspicious of this rally as late as today 15 minutes prior to the release, but I didn't trade it. I think we can say with great certainty that the markets wouldn't have tanked as aggressive as today on good inflation numbers, but how can we really know for sure that the markets wouldn't...
  12. L

    ES Journal - 2021/2022

    You were really bullish 20 minutes prior to the release when I asked you today, though. When I asked you this weekend what was the significance of this weekly bar, i.e, how is this any different than prior bear market rallies this year, and what conditions have changed that could support a...
  13. L

    ES Journal - 2021/2022

    Too tight for sure and frequently taking a few B/E + 1 tick exits as I suppose I lacked conviction to hold. Resulting in getting back in at consecutively worse prices.
  14. L

    ES Journal - 2021/2022

    First losing day in a while: In the past, my desire to avoid losing days have made me lose even more. I avoided doubling down today as the volatility was a tad too much, so that's progress in the discipline department. I'm taking a breather here and letting the big players fight this one...
  15. L

    ES Journal - 2021/2022

    I traded like a chump today. Short pretty much all day long, but constantly getting stopped out either B/E or for small/medium losses. If I just held my initial morning short it would have been a nice day, but I suppose I lacked the conviction with these strong counter moves.
  16. L

    ES Journal - 2021/2022

    Covered on a trailing stop at 4004. + 14. PA looks really weak, though. I don't think this is it, but better not be too greedy and give it all back when the market went down this much already.
  17. L

    ES Journal - 2021/2022

    Ready for a quick exit here. May get greedy and trail below 4K if we see a flush.
  18. L

    ES Journal - 2021/2022

    3 % down right here. Let's see if my one lot at 3998 reverses this!
  19. L

    ES Journal - 2021/2022

  20. L

    ES Journal - 2021/2022

    I've lost count how many times I've been short and stopped out B/E or B/ + 1 tick today, but finally something that seems like it's going to stick, now. I think we'll see a run below 4K, not sure how deep. Market's down almost 3 % now, so we may be a bit overdone.
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