ES Journal - 2019/2020

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Locking in 2 ticks here just in case. Consolidating above 75 would be nice now prior to the RTH Open.

Looking for new longs if stopped, but I'm hoping I won't be of course. Just don't want to have a winning trade turn into a loss from here.

Will probably put my stop below the RTH Open. Might add another long on the Open if it goes as anticipated.

EDIT: And stopped for 2 ticks profit. Looking to re-enter soon.

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All time highs are obviously guaranteed at this point, so a nice time to play with some longs for the free money.
Whether they turn around at 3450 or so (as they will want to push past the ath by some), or just keep going to 4k+ is the question

Long here at 69.5
 
Stop @ B/E + 1 tick. Should have the LOD in now if it's the day I'm envisioning.

Open target for now. Would be nice to participate in the ride through ATHs. And it's not unlikely it can happen today. :)

A minimum upside target for the day should be 3385. The path there may be rocky though.
 
Limit to exit at 83,50. Anticipating a reaction/pullback there.

Re-enter long on pullbacks or at the same price area if momentum should blow through.

I've given back too much profits lately by not taking profits at extremes and re-entering (and even shorting) on pullbacks.

Outlier targets for the day would be 3390/3400.
 
Watching TSLA if it breaks the current high of day at $1626.14 for more than five minutes it might run another 100 points today or more. That might lead to quite a giddy tape heading into weekly options expiration tomorrow.

Laissez Faire said:
Should have the LOD in now
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Laissez Faire said:
Limit to exit at 83,50.
More...

I'm running a manual forward walk live market test on a new system starting today. Concur that a test of yesterday's high is more probable to occur before a test of today's low. The test is using SPY but it is designed ultimately to trade the emini.
 
Gaslight Capital said:
I'm running a manual forward walk live market test on a new system starting today. Concur that a test of yesterday's high is more probable to occur before a test of today's low. The test is using SPY but it is designed ultimately to trade the emini.
More...

Sounds good. :)

According to my system - a new LOD today is not very likely. Even a test of the LOD is less likely.

But few things are certain in this game...
 
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