ES Journal - 2019/2020

[tdeu]

I like the way you think .... cash intraday I always have this chart on one screen: Red yesterday's close, green today's open ... I can tell by many of the posts in this journal that many trade with no clue as to where these levels are.


View attachment 201960

yes, it's crazy people ignoring levels from the daily chart
I try to think about what trades on the daily chart one would have taken or what would have been possible to take and what would be the risk/reward for those trades

like Y, bears probably S the C of that large OB, so what would be a target for them

this was my comment of Y daily chart:

Always In Long (AIL) since 03/29 – now over a month
bulls defended the last prominent HL(04/25) – a close below would have switched to AIS
bear shorted the COY and took profits at 2xMM of their actual risk (the number of points measured, that a trade went negative)"

https://www.priceactionindicators.com/2019/05/02/e-mini-es-2019-05-02/

 

[tdeu]

BTW, whats the OOW and the other stuff you mentioned. I am new to the game so not very familiar with some of the terms.

https://www.priceactionindicators.com/2018/08/02/abbreviations-used-in-my-posts/

 

[NQurious]

@tdeu are you trying to sell indicators here in the ES thread?

 

[volente_00]

Shorted 42.5

Stop 48.5

Hats off to the bulls

If stopped I'll be back Sunday evening to play again for the gap fill next week

 

[tenny1886]

https://www.priceactionindicators.com/2018/08/02/abbreviations-used-in-my-posts/

very informative will go over it later. thanks

 

[volente_00]

Wow is all I can say, this slow grind higher is relentless. This bull market just won't give up. And everyone has to pay up to participate.

In general in 20 years of trading and Up NFP Friday = reversal next week

 

[tenny1886]

Hats off to the bulls

If stopped I'll be back Sunday evening to play again for the gap fill next week

i think they just were looking for your stop.

 

[tenny1886]

i think they just were looking for your stop.

49.5 might have given a glimmer of hope.

 

[Buy1Sell2]

Bear market topping action continues here. I'll see you soon at 2890. Intraday sell-off just started.

 

[tenny1886]

Bear market topping action continuse here. I'll see you soon at 2890. Intraday sell-off just started.

but its not moving down as rapidly as i anticipated, are bulls still in the fight??