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    ES Journal - 2019/2020

    11658.50-11668.50 is an untested area below us and also an accumulation zone. So if market breaks down would expect this area, this is also where I will look for a long.
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    From Micros to Millions: 2% per day

    I am in the opposite camp. What's more amazing to me is someone who can make a long term consistent living trading, yet they can't fathom someone catching 131 points in 4 days(if there's anyone here who made that comment and also trades as their main income). Often times the mental side plays...
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    ES Journal - 2019/2020

    Nothing much has changed really, even when the thread was more active people weren't really giving timely calls, would post after the fact or give such a wide birth on the stop, it didn't really mean anything. But it's also inherently more difficult to post trades on a message board, as...
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    ES Journal - 2019/2020

    Ok, I apologize if my communication and choice of words are lacking. All I am saying is it's possible to determine the direction of the markets during certain setups using clearly defined perimeters in excess of moving in that direction above a 50% probability.
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    ES Journal - 2019/2020

    I don't know if I agree or fully understand what you're saying. There are clues left behind in the market by certain subsets of buyers. People that are buying large quantities of a stock or futures generally don't just press buy and sell for their entire order all at once, as they would be...
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    ES Journal - 2019/2020

    That looks pretty good conceptually on when to look long and short. Not exactly what I do, but does look similar to what I do conceptually on one of the indicators I use.
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    ES Journal - 2019/2020

    Creating supply or demand in order to get more buyers or sellers interested. Also, just like on fast, high velocity up moves creates imbalances below, so does fast down moves, creates imbalances above. The long imbalances above often get filled intra-day. It's the overbought imbalances to...
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    ES Journal - 2019/2020

    The market isn't predictable 100% of the time, but there are quite a few setups and times where you can determine the outcome has a very high probability to end higher or lower. There are cycles in the market and sometimes algo's aren't active and pull their bid which creates times where...
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    Add the losers

    I can't point you to him, he doesn't post on these forums. It isn't even really worth debating, I mainly agree it isn't a good approach. I am just simply stating I traded with a guy for a long time and one of his main things was adding to losers and I watched him day in and day out...
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    How to use multiple time frames?

    I don't use time charts, most people here say a 1 minute is too choppy and to use a 2 minute or 5 minute. I also know someone who is a good trader who preferred 2 minute over 1 minute. I personally don't see much of a difference on the things I use, but I do see how faster time frames...
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    Add the losers

    That's fine. I think the right way to trade is to find a signal, strategy or edge that you can repeat over and over with a clear and precise plan that you have the mental fortitude to follow that allows you to prosper and get what you want out of trading. If you're telling me that there's no...
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    Add the losers

    Genuinely can't tell if you realize we're pretty much agreeing. I already conceded it's best for just about everyone to stay away from that type of strategy. Doesn't change the fact I've seen someone create a strategy, made a living out of it and did it consistently for over 6 years...
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    How to use multiple time frames?

    I use multiple charts, but I don't obsess over everything lining up. I have a main chart that I typically take trades off of and use other charts to give an overall view, however if a signal triggers on those larger charts I'll still take it, just expanding my expectations for profit and stop /...
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    ES Journal - 2019/2020

    Well, looks like made the incorrect call to exit runner so far, as NQ down quite a bit. Just didn't want to get ran over if ES took off. Not going long here and was already short from way above, so nothing to do. Taking a break and may be done for the day.
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    Add the losers

    That's a very valid point and no argument that 99.99% of people probably trade it that way, including myself(when I use to average down a lot I would be begging for break even) But I still stand by that it still comes down to people not having a plan and not following it. I've seen a...
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    ES Journal - 2019/2020

    Yeah exiting runner for a loss here. Will be a while before this bar closes and if it does close above don't want to hold short through this potential next leg up.
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    ES Journal - 2019/2020

    Big potential turning point here as ES 3457.00 resistance here so trading above that and particularly a close above it decent probability we get another leg up. I am shorting NQ in this general area getting in and out, but if ES closes above or starts to trade above it consistently will likely...
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    Add the losers

    There is no right answer, at any point if someone loses mental control and goes all in or refuses to take action there account can get blown out. However, if someone has the mental fortitude to follow rules and not break them, than there's no reason they can't add to losers without blowing up...
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    ES Journal - 2019/2020

    Not really a day I can post trades, like to do it to help keep myself honest and following rules but just getting in and out too fast. Still have 11628.00 Open to the downside, if we clear that overbought area, I'll look for a more longer term intra-day long, but likely not an easy long if...
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    ES Journal - 2019/2020

    I have 3459.50 as standard resistance on ES. But nq ran into a distribution area prior and really putting a lot of weight on ES.
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