ES Journal - 2017/2018

[nickynoes]

Update to the daily chart. I believe we might retest the short term down trendline again, which would give us a lower high before going down some more. Won't add more longs until we are at the long term support TL.

View attachment 185002

Price now closing in on the long term support, interesting to see what happens.

 

[manonfire]

A little less optimistic we can cover 30 handles to the upside, holding all the same,.

 

[zenemini]

IMHO, the trade for now is short from the 87's, the first target yesterday's 57.25 low, and if trades below the half figure, then 2343's down to 2332. Good luck.

IMHO, there has been no price action indicating one should do anything but short the bounces all day long. Some may feel that is stating the obvious. But for some, the obvious is not so obvious.

EDIT: However, trade back above 2627 would indicate a larger pullback than we've had all day is on deck, imho.

 

[Handle123]

S26.75
TP 2.00
PS 26.50 on runner
SO for one tick

Incredible trend trading today and counters as well.

 

[speedo]

Just gorgeous price action today

 

[mastacoli71]

Price now closing in on the long term support, interesting to see what happens.

View attachment 185107

I am watching 2615.25. All bets are off for me if we break and close below it.

 

[lawrence-lugar]

Just gorgeous price action today

If only everyday in the market was like today, ...complete, relatively smoothly falling down, or climbing up...Everyone would be so rich, so quickly.

You would be able to retire...in a month in Seattle or Miami instead of East Texas.
Hoo-ah`
Handle, are you feeding your algo machines espresso fuel 1 2 3 shots. Put some whip cream in dat thang,
10,000 hours finally paying off. Your ah-ha moment...was like previously playing with gasoline bombs, then suddenly...discovering uranium,

Speedo, how did you make out...Everyday in the market...when it closes...feels like either being Winthorpe/Valentine...or the Duke Brothers. Either really happy and excited, or miserable and depressed.

 

[zenemini]

This is the best bounce of the day thus far, and even a weak market should be able to trade back to ES 32/33. That doesn't mean it will. But I'd be looking for a small rally to 32 or even 38 before the EOD selling takes this things down to close on its lows, imho.

 

[speedo]

May be a little weak to do little more than consolidate in range but who knows. I just take my signals.

 

[zenemini]

Short 31.75 looking for new lows. Stop 6 ticks above the 33.75 high

EDIT: My losers are usually quick. Short agin 34.75, stop 38.25, win or lose, this is the last trade of the day for me