Bear market behavior with quick rips north ... followed by grind lower...
ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
half at 75.50.... half to ride at even stp
5 more at 69.50 & flat
Jesus. Calm down, read what I'm writing and don't attribute me opinions or statements that I have not said.
I've seen this behavior from you earlier to others.
Here's some facts for you:
Using RTH data, 2715 (not 2720) is 20 % down to the TICK from the ATH at 3393,75.
This, 2715, is the current bottom of this correction made this very Monday.
We did trade + 167 points from that bottom in RTH - so I'd say quite a few bought that bottom.
Beyond that - I have not said it is the bottom. It can be. Personally, I believe it isn't and that we will trade lower.
What I said is that it will be interesting to see what happens when we do and if we exceed that level as it's a critical level in my book.
5 x +24.50
5 x +30.50
Nice clean set ups all morning.... this is the time to press.
It was just based on higher probability PA strategy. Along with predictable range calculation using momentum. just simple S&R and PA.
Closed at 2801 but for journal integrity purposes, this was a loss of 17 pts.
Last edited:
Too soon... fib exit little early... bottom of 30 min range @52
would have held to lows if we were later in session vs traditional lunch time chop time frame....
- Status