the entry was right there for me but i missed it. price dipping into the range 81.50-82.50, with clear pushup signal, would have been the best entry. but i lost two trades in a row so just sat back.
ES Journal - 2019/2020
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the push up does seem like a drag but you never know.
Of course they'll be muted... right up until news out of DC hits one way or the other.
You're staying short... what's the upside stop?
Journal integrity and all.
imo, B1, I think yesterday was the low of this pullback - two legs down 5/1 to 5/2 then rally day and 5/6 to 5/7 ... the buy signal pn cash $SPX will be if price tomorrow trades and closes above today's high, whatever that high may.
You're scenario almost requires (almost) that cash $SPX close at least below today's open to keep the buying pressure at bay, imo.
You're making good decisions based on PA ... amazing how lucky a trader can be when that happens. Good trading!
I just pulled up a chart of that micro ES ... those things are doing decent volume ... I thought they'd die an instant death like the micro currency futures but it looks like people are day trading those micros ... not a bad way to learn, if you ask me. Heck, if were starting all over again I'd open up a $100 account, trade the micros from 9:30 to 11:30, and wouldn't trade a full size 'til I had $1100 in my account. If you can net 200 ES points after fees without blowing up, you're ready for the ES ... in the meantime you're done in time for your shift at the Home Depot or Walmart or Uber.
Honestly dude, no one knows WTF you're talking about ... your trap is likely my continuation long entry and B1's sell stop to short the Dubai account and speedo's pullback to a buy zone and a dozen other things to a dozen other traders ...
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