ES Journal - 2019/2020

[Utah]

Depends on the day, but I'd say, on average, the NQ is first, then YM, then ES. Sometimes, though, the YM leads the NQ. The ES usually seems to be in last place.

But it's certainly not a foolproof design. Sometimes I'll see NQ take off in one direction or the other and will jump on an ES trade only to be smashed to pieces when the NQ, just as quickly, reverses.

 

[Utah]

going L now 99.50 stop loss 97.00

What about S2 directly overhead at 3000.50? Might have enough to push through, but again, right now, the NQ & YM are showing some red. I hope you're right, though.

 

[tenny1886]

as of now price needs to close green and whole candle above 3k ( short term momentum) for it to go anywhere.

 

[tenny1886]

going L now 99.50 stop loss 97.00

stop loss set at 96.75, if stop get taken then i will watch 94.5 for longs.

 

[tenny1886]

exit 99.25

 

[tenny1886]

exit 99.25

much ado about nothing, damn.

 

[Utah]

much ado about nothing, damn.

I always have to watch myself trading into resistance or support. The thing that sucks, however, is that they sometimes really work, which just reinforces my bad behavior.

 

[tenny1886]

to the upside is still more on probability as of now, breaking from the bracket i mean to the upside in MHO.

 

[Utah]

bracket play updated. double line most of the time hold firms while single line breaks. not a 100% but higher probability.View attachment 205896

What are your thoughts about this downward wedge on the 30 min chart? Suggests lower, no?

 

[tenny1886]

What are your thoughts about this downward wedge on the 30 min chart? Suggests lower, no?

View attachment 205897

yes, a down push is also in the works from the looks of it, but could be a scare tactic as of now. i am bit confused.