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  1. L

    Can someone tell me if the high or low of day normally happens in the start or ending of the day?

    ...the high OR/AND...? That's certainly not correct. OP, Good questions, but you need to answer them yourself.
  2. L

    I Hate Reversals

    Good luck. You'll need a lot of it. :)
  3. L

    I Hate Reversals

    What you're really saying is that you hate the market, since the market is nothing but an endless sequence of 'reversals' of various sizes. If you want to be a sucecssful trader, you need to learn how to play these reversals. It's as simple and as hard as that. Shorting a triple top on that...
  4. L

    ES Journal - 2017/2018

    Too early to be certain, but if we stay below the current high, I'm looking at 2687-90 as a target for today.
  5. L

    ES Journal - 2017/2018

    Market's up 26,25 points from the low without a retrace to speak of, so going long here is risky. Could still see a pullback of some size here before going higher. Or not... But the major outlook for the day is as posted above. IMO, of course. :)
  6. L

    ES Journal - 2017/2018

    Expecting the high around 2730 and a close at or near the top of the range for today.
  7. L

    Gotta love ZERO RISK in the SP500 = $$$

    I'm sure you do, but that's not what I asked. My question is if you have any actual data beyond memory or observations that Sunday Open's are mostly positive (which seems to be your claim). It's not of use for my own trading strategy, so I haven't tested it (yet), but I know that looking at...
  8. L

    ES Journal - 2017/2018

    Expecting a close below 2690. There's an unfilled gap at 2670,25 that could be filled by EOD if we make new lows. If we don't, I think we'll just range around between 76 and 90 until the close.
  9. L

    Gotta love ZERO RISK in the SP500 = $$$

    Do you have actual data on this? Monday's RTH open has only just above 50% positive opens.
  10. L

    ES Journal - 2017/2018

    Setting up many traps for the bears here. Trend line break. Mini H&S now. But I remain convinced we go higher... Keeps slowing down at the Open though.
  11. L

    ES Journal - 2017/2018

    We're still red on the day and a push up to 2732 would be a common pattern here, IMO. It does however need to happen soon and we shouldn't go much lower than this, IMO. I could of course be wrong and we end up with a really nice slide from here. :)
  12. L

    ES Journal - 2017/2018

    Mind saying what you're looking at? What's the obvious reason for being long? It's always healthy to at least entertain two potential scenarios at any given point in time even if the other one is weighted far more probable... :)
  13. L

    ES Journal - 2017/2018

    Leaving the Open behind now.
  14. L

    ES Journal - 2017/2018

    Missed most of the day. The short side looks tempting, but my basic prediction would be new highs by EOD and a gap close. Targeting 2732,50 from here.
  15. L

    ES Journal - 2017/2018

    I'm all about managing risk, but it seemed like an alternative to put the stop above the current medium term high considering the distance.
  16. L

    ES Journal - 2017/2018

    Too late now, but didn't you feel it was an alternative to hold it for a few more points and rather bail above 40 if you're looking for a big move? Could still be forming a top in this area, but long term is merely (uneducated) guessing on my part for fun. It's easier to predict intraday. :)
  17. L

    ES Journal - 2017/2018

    Done. And also filled the gap for today with this strong rise into the Close. :) If I were to guess on the next move on the daily from here, I'd say up.
  18. L

    ES Journal - 2017/2018

    And that happened, but I was too risk averse and bailed on a retrace. Hate when that happens. As for long-term/medium-term, I have no idea what's next and don't care either, but this market tends to like filling gaps below before going higher, so I'm thinking that a move down to the 2710 area...
  19. L

    ES Journal - 2017/2018

    Target? Might see a green close, but I wouldn't expect anything beyond that. Personally, I'd rather bet on new lows from here, but even still I bailed on my short with 1 tick profit as I lack conviction. By the way - is this your journal? Do you mind others participating? I've been wondering...
  20. L

    ES Journal - 2017/2018

    Not a bottom yet, I think. Still room for more range expansion. Would normally look for 2725 or 20, but in this sleepy environment it might be a stretch.
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