ES Journal - 2019/2020

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Wow, looks like the bull crowds got crushed this afternoon....the VWAPers, TINA, FOMO, Dip 'n Rippers......
Did I forget someone ?
Especially amazing was the PA at the tick level in ES around 1:30 - 2:00 pm...just before the move down.
It was "zorro-like"....up,down,up,down...my indicators were just going crazy. Then the bears won and it went straight down from there (which was near the HOD) with 2 significant PB's.
What a day !
 
Zodiac4u said:
There are three benefits of taking an early signal, one is that you are in the money quicker, two is that you can just stay on and see if it will develop into something greater, and three, if you are wrong you lose small,
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This is true. But taking the early signal may also mean a bigger % of losers. So depends on your numbers. I take early signals out of sheer laziness. It's a lot easier to put in a limit order and do something else than to wait for the price to begin moving in the anticipated direction and trying to jump on it quickly. Too much work. Works for me...

My sell signal was at 1330 ish CST. If you all got a sell signal before 1300 CST, kudos. I can't even see it (except approaching overnight high, and I am kinda leery of them these days). So I guess you can say I do wait a bit for some movement in the anticipated direction
 
DarthSidious said:
This is true. But taking the early signal may also mean a bigger % of losers. So depends on your numbers. I take early signals out of sheer laziness. It's a lot easier to put in a limit order and do something else than to wait for the price to begin moving in the anticipated direction and trying to jump on it quickly. Too much work. Works for me...

My sell signal was at 1330 ish CST. If you all got a sell signal before 1300 CST, kudos. I can't even see it (except approaching overnight high, and I am kinda leery of them these days). So I guess you can say I do wait a bit for some movement in the anticipated direction
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Trading plans are personality based, not ment to be traded by every one else, what works for one doesn't work for another, no need for predefined locations, its just signals and setups, it holds or it doesn't, pretty simple simon.
 
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