ES Journal - 2017/2018

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zenemini said:
I see what you are saying B1S2, but if you were to consider the "gap" between the regular hours close and the the regular hours open, then you will have identified a first line level of support, i.e. the prior day's closing print. Also, I am not sure what you mean by "noise." What do you mean by this?
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Noise is market activity. As long as open is within yesterday's noise there is no gap. Some people may think that an opening price different than yesterday's close is a gap and has meaning, but it doesn't.
 
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Just in case it was missed in my journal.... Thought I`d share here....

Our Daily/ Weekly Diamond Top has now transitioned into the Monthly Chart... Showing even more significance now within the larger time frame... Just to put into perspective of how far we have climbed... We can technically trade down to the 2100 level on Spooz & still maintain the TL/ Uptrend on the Monthly Charts.... Perma Bullys have lost site of gravity & have been spoiled far too long... We are Sooo over due for a Reversion to the Mean.... This appears to me as a nice set up for that to occur!
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Spooz Top 2 said:
Just in case it was missed in my journal.... Thought I`d share here....

Our Daily/ Weekly Diamond Top has now transitioned into the Monthly Chart... Showing even more significance now within the larger time frame... Just to put into perspective of how far we have climbed... We can technically trade down to the 2100 level on Spooz & still maintain the TL/ Uptrend on the Monthly Charts.... Perma Bullys have lost site of gravity & have been spoiled far too long... We are Sooo over due for a Reversion to the Mean.... This appears to me as a nice set up for that to occur!View attachment 185789
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This is a bull pennant.
 
With all due respect, B...You can misconstrue/ construe it anyway you like.... Just as you do on Gaps & defining "Scaling in/out" as Inferior Behavior..... Bit of Wisdom for You....
Your Mind is Like a Parachute.... It Only Works When Open!

Good Trading to you B...
 
Buy1Sell2 said:
Noise is market activity.
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So all market activity is "noise" to you? Interesting. I don't think I have ever "heard" anyone say that before. Looks like noise wants to move higher, imho, so does that mean it is going to get "louder" lol Good luck, B1S2!
 
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