ES Journal - 2017/2018

Status
Not open for further replies.
this is getting interesting now...to short here?:)

they could easily run your stop, on a day like today in a blink of an eye
 
this is getting interesting now...to short here?:)

they could easily run your stop, on a day like today in a blink of an eye

True and a likely outcome, yet best bang for the buck is going counter on extreme deviations.
 
In ideal world, a nice little drop here so shorts above can get out with nice $ and late longs can get in for next run.

In the ideal world:)
 
sc2.png
Ok, this is my expectation, it's very likely that Naz is ready for another upside thrust, this is the weekly chart. I'd only buy dips now, better win rate this way IMO.

I agree with you. Another bullish sign to support your current view is that first touch on upper bollinger band means more up ahead. So, trying to counter-trend trading here is a risky business.

In the meantime, I expect market to pull back first before betting on the upside.
 
  • Like
Reactions: CBC
View attachment 169587

I agree with you. Another bullish sign to support your current view is that first touch on upper bollinger band means more up ahead. So, trying to counter-trend trading here is a risky business.

In the meantime, I expect market to pull back first before betting on the upside.
a first touch of an upper BB means higher? touch of an upper BB means overbought according to classic use?

am I wrong here, or are you using this differently?
 
Status
Not open for further replies.
Back
Top