ES Journal - 2017/2018

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Any over run of Target Zone down to say 2330-50 will be short lived buying opportunity... This is a 1 week swing trade!
...^^^ From Friday @ 9:07 am

GTC Buy limit set @ 2310.25 x 20c

I`m perfectly comfortable Long here with potential fill.. complete cost basis @ 2344 x 40c...

This Swing trade position is predicated strictly on technical bounce off of Monthly TL, Measured move from previous existing range 2820- 2600 & Fib Confluence zone off swing Hi/ All time Hi print.

I am completely Bearish on Big Pic overall, as I have been last 8 months.. Re: Diamond Topping Pattern.
https://www.elitetrader.com/et/threads/diamond-topping-formation-2-23-18.318542/
 
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I am surprised you stopped out. You usually have bigger stops don’t you?

Only when he goes long. He'll sit on hundreds of points of open drawdown on longs, but I can tell he is a cautious short. Hard to blame him, everyone was conditioned to expect violent rips higher off of any short term weakness the past 9-10 years.
 
...^^^ From Friday @ 9:07 am

GTC Buy limit set @ 2310.25 x 20c

I`m perfectly comfortable Long here with potential fill.. complete cost basis @ 2344 x 40c...

This Swing trade position is predicated strictly on technical bounce off of Monthly TL, Measured move from previous existing range 2820- 2600 & Fib Confluence zone off swing Hi/ All time Hi print.

I am completely Bearish on Big Pic overall, as I have been last 8 months.. Re: Diamond Topping Pattern.
https://www.elitetrader.com/et/threads/diamond-topping-formation-2-23-18.318542/

You might have to bite the bullet and play the accordion in your original range projection.
 
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