ES Journal - 2017/2018

[Buy1Sell2]

Long 2337.75 Initial stop 2325.00

 

[speedo]

Tough to pick reversals on a trend day.

 

[Pekelo]

2337 was a dragon bottom on the 5 mins chart...

Edit: it was only good for a 2+ pts bounce...

 

[volpri]

Tough to pick reversals on a trend day.

People gotta look at the chart. At this point sell pb's. That is what i been doing this morn. Trend is bearish. More selling pressure has been shown since the open. Won't go long until i see buying pressure followed by bearish pb then more buying pressure. We are getting a little buying pressure as i type. Just have to wait and see if it is enough to reverse the bear.

 

[Buy1Sell2]

Tough to pick reversals on a trend day.

I had to make the stop a little larger on the second trade due to the noise in the market.

 

[speedo]

People gotta look at the chart. At this point sell pb's. That is what i been doing this morn. Trend is bearish. More selling pressure has been shown since the open. Won't go long until i see buying pressure. Then a pb then more buying pressure. We are getting a little as i type.

very clean stairstep patterns on the NQ...great trading day

 

[Buy1Sell2]

I'm looking for this second trade to take a while to develop. If stopped out, I will look long again.

 

[Buy1Sell2]

Right now, we need a print of 2340.00 to encourage bulls to get back on board and perhaps have legs.

 

[volpri]

nope not enough. Just went short again for a scalp.

 

[speedo]

I have multiple divergances on the NQ, may be at least trying to consolidate