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  1. L

    ES Journal - 2019/2020

    Nice job on your position long and other long entries, lately! :) I thought it was out of character this morning when I read "No reason to be long here". ;)
  2. L

    ES Journal - 2019/2020

    If we take out 74 - maybe 80?
  3. L

    ES Journal - 2019/2020

    It looks like a test of Mondays low @ 67,50 is the pattern in play for now. Could reverse before that. Another scenario might be that this turns into a sell all the way into the close, but not my main bet today.
  4. L

    ES Journal - 2019/2020

    Wedging. Ticking lower, but NQ is not participating and still off the low. Stalking a long entry here...
  5. L

    ES Journal - 2019/2020

    New high by the close if 93 holds. IMO. :)
  6. L

    ES Journal - 2019/2020

    Fairly low volume today. NQ have been resisting this down move all day long and is currently off the lows while ES is trying all it can to go lower. I agree with the general hypothesis of a bigger down move in play here, but seeing this action, I can't say I'm surprised if we continue higher...
  7. L

    ES Journal - 2019/2020

    On the daily 2800-2820 seems to set up potential resistance for a pullback, but there have been no mercy shown on the way up here through other levels, so who knows...
  8. L

    ES Journal - 2019/2020

    Disagree with what? We may very well have a pullback sometime soon, but there is no doubt that the market have been back in 'bull mode' since the 26th of December. Roughly 70% of the days since then have closed higher than the prior day. I'd say it's pretty impressive to see us recover this...
  9. L

    ES Journal - 2019/2020

    The market is back in 'bull mode'. Very impressive recovery, IMO.
  10. L

    ES Journal - 2019/2020

    Personally, I only use ES for this. As far as I can see, the next one below 45.50 is at 08.75. Looks good for a swing short from here, but with the market being back in 'bull mode', who knows...
  11. L

    ES Journal - 2019/2020

    Open gap on ES at 45.50. Probably not today though. Let's see...
  12. L

    ES Journal - 2019/2020

    NQ well off the LOD. This divergence isn't always reliable, but suggests limited downside for today on ES.
  13. L

    ES Journal - 2019/2020

    Indeed. But did you notice all the long signals in the last three months of 2018 also? :)
  14. L

    Gotta love ZERO RISK in the SP500 = $$$

    Where were you at the end of last year? I imagine a lot of BTFD-ers could have done tremendous damage to their accounts or even blow up if they weren't able to quickly adjust (not likely). Impressive recovery from the lows though. Bull mode is back on for now.
  15. L

    ES Journal - 2019/2020

    That was some choppy, violent action at the highs. Nice entry.
  16. L

    Need to eliminate the big losses

    IMO, a small loss should be expected. A big loss should not. If it's a big loss - you probably did not follow your rules or moved your stop? Or was it a series of losses? I always trade with a hard stop. My current maximum stop on ES is 3,0 points and is placed automatically at 3,0 points from...
  17. L

    Is it more effective to learn through books and internet than expensive courses?

    Don't take any courses unless they're free or dirt cheap. Those who can't do, teach - with a few exceptions. 3 days of studies? Get real, pal. 3000 days are more likely. Ultimately, you'll need to write your own book on the markets. Backtest, backcheck, archive/log data, screenshots of your...
  18. L

    ES Journal - 2019/2020

    Proven it by tradings? What does that even mean? @volente_00 and @Pekelo's definition is the correct one. The gaps you're referring and claiming to be the correct definition is simply one subset of gaps. One could define them as outside gaps since the requirement from you is an open outside...
  19. L

    ES Journal - 2019/2020

    While I'm more bullish myself these days - why not look for the less obvious reasons also...? The problem is you said pretty much the same thing daily or weekly during a 600 point major correction also.
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