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  1. L

    ES Journal - 2023/2024

    No fixed rule, but maybe I should have? The prior trade went from a high at 5718.75 and I stopped out at 5700.25 - effectively being low ticked as that was all I "felt" I could give back. I had a limit sell order at 25. When we pulled back I decided to give it some space in case we just tested...
  2. L

    ES Journal - 2023/2024

    Sitting nicely in this one, now. Locked in profits at 5700. Market appears to be breaking out to the upside and I see PLENTY of people in other channels trying to short this, so I figure 5720-30 is possible today.
  3. L

    ES Journal - 2023/2024

    Not really. Ideally, the next add is on a new buy signal or a dip. I added too early on today's Open on the initial breakout and stopped out my entire position at 83.50 (!) for a tick of profit. I was just about to give it one extra point when I stopped out. I'm back in long at 91 now with...
  4. L

    ES Journal - 2023/2024

    Added one more at 87.50. Average is 79. Giving it two points of risk on the entire position. I'll be around to monitor and re-enter if I'm stopped and still like it. As always, RTH is king, so let's see what transpires on the RTH Open. If we catch a bid on the Open, I think 5710 is a good...
  5. L

    ES Journal - 2023/2024

    Seems like the entire world was expecting some volatility on the Globex Open and my guess is we would have seen it if the assasination attempt happened on Sunday and not Saturday. But by the Globex Open we knew that no real harm was done and we can only hope that this was an event that could...
  6. L

    ES Journal - 2023/2024

    Added one before hitting the sack and one this morning. Average is 76. Stop at 74. Add more on the Open if I'm not stopped by then and the market goes bid.
  7. L

    ES Journal - 2023/2024

    L 70. Stop at 64. Putting in a limit sell at 5720 and hitting the sack. May be too early or flat out wrong. Will add a bit tomorrow if it goes my way and I'm not stopped overnight.
  8. L

    Can anyone be my trading mentor? (short term trading)

    As suspected, you think you're special and you think you're different. And you're ignoring the advice of people who once were in your shoes and have years and years of experience.
  9. L

    Can anyone be my trading mentor? (short term trading)

    Anchored VWAP, MACD and Fibonacci is not going to work out for you. University and going for an actual job in the industry or alternatively some other entrepreneurial pursuit should be your main plan, not trading on your own as a retail trader. A realistic timeline for you to have a chance at...
  10. L

    ES Journal - 2023/2024

    NQ tends to outperform. Yesterday, ES reversed the entire prior day range making all time highs while NQ printed an Inside Day stuck inside yesterday's range. When NQ finally took out current highs at 13:33 it happened 12 minutes after ES broke above current highs (13:11) and with ES already...
  11. L

    ES Journal - 2023/2024

    NQ killed the rally, so didn't get as much as I hoped for, but still a decent day. :) Exceeded my expectations by a good margin as my initial target was merely a move back to 5665. When it started ripping above 5665 and NQ held on the mid-range pullback, I decided to just HODL for ATHs...
  12. L

    ES Journal - 2023/2024

    My goodness. I have a limit sell at 5720. If that hits, today will be my biggest day ever by far. Limit sell was initially at 5700, but it just seemed evident it wouldn't stop there.
  13. L

    ES Journal - 2023/2024

    I have my eyes set on 5700, but if NQ picks up steam - ES could even exceed that.
  14. L

    ES Journal - 2023/2024

    You seem to be a bit of a bear, don't you? :) Shorts got caught with their pants down today. We thank them for this rally. :)
  15. L

    ES Journal - 2023/2024

    Exceeded my expectations to be honest. I think I said earlier this week that my statistical data may not be relevant for this euphoric market. NQ just hit yesterday's mid range with ES ripping almost back to the highs. If NQ joins the rally and wants to play catch up, this can actually end...
  16. L

    ES Journal - 2023/2024

    NQ's been a drag lately. Just look at ES ripping now while NQ is pulling back. Been the other way around for a long while. I'll be damned if NQ kills today's rally, too.
  17. L

    ES Journal - 2023/2024

    5662 hits. Market's can't be forecasted. ;) The rest is uncertain. If the rip continues I like 5680 for a target. Taking out yesterday's high? Now, THAT would be crazy, but who knows anything. The only thing that seems certain by now is that we have the LOD. Correction: It should say LOD...
  18. L

    ES Journal - 2023/2024

    Think we might have the LOD here. Watching for 5662 to hit. Interesting if that's not sold... Could possibly trigger the V-pattern?
  19. L

    ES Journal - 2023/2024

    The last few times we had an Outside Day like yesterday we had the low in the morning and the high later in the day. Two of them were Inside Days and the other had a weak dip below the prior day low before rallying. So, watching for something similar, i.e., a buy if yesterday's LOD holds or...
  20. L

    ES Journal - 2023/2024

    Thank goodness it was only 1 micro. Number came out hot? Instant spike which reversed? I longed again at 37.50.
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