ES Journal - 2019/2020

[NQurious]

Long 30.50, stop 29.50

Out -1 but long 29.25, stop 28.50

 

[NQurious]

Out -1 but long 29.25, stop 28.50

-1.75 for the day back to lurking and waiting ...

EDIT: 29.25 long again .. 3 tick stop again ... there is a low around here someplace, right in this general vicinity

Took some at 33 covers my early probe losses and gives me free SL on the trade with that 3 tick stop riding for now

 

[speedo]

Buy zone on my high tf

 

[NQurious]

How I trade on display soon after the 2 minute mark:

 

[speedo]

Bears are keeping it in consolidation...for now

 

[NQurious]

Bears are keeping it in consolidation...for now

Yep ... I need The Money to show up to get me to my profit targets. But I always need them. I think of myself as a Lion but I'm really one of those birds that eats bits of meat out of the crocodiles teeth.

 

[speedo]

Yep ... I need The Money to show up to get me to my profit targets. But I always need them. I think of myself as a Lion but I'm really one of those birds that eats bits of meat out of the crocodiles teeth.

Ya me too

 

[SPYgrain]

15 min is quite bearish NQ-ES..1, 5 min are mixed..

 

[NQurious]

Bears are keeping it in consolidation...for now

Closed it for +4 across the board ... will look to rebuy near 28's or lowe (or higher) if that's what it takes. That 34 top makes it lok like market wants to test 29's or lower once more.

 

[cowf]

I know his methods are proprietary. This particular bear market call remains a real head scratcher, imo. I myself have never associated a bear market starting by immediatley rallying to a new bull swing high. Higher Highs/Higher Lows are bull market activity. And I do not think that is only my opinion. I think that there may be some commonly accepted definitions involved. (I'm not hating on you, B1 ... but I am confounded by your continued insistence that this is a bear market.)

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I truly believe that if you are patient, the market will present, everyday, a few situations where the next move is almost being reported in yesterday's paper. Almost. No need to chase for trades ... a compass (trend) and a chart (map) is all you need. Assuming you can draw lines and measure correctly:
View attachment 199785

This would indicated that B1S2 is currently/possibly around $40,000.00 in the red, from the bear market call. Based on one of the prudent risk:reward discussions, he should have a $2,000,000.00 trading account and risks 2%, so at this point, he is still prudent, but would have to wait to recoup his position.