ES Journal - 2019/2020

[NQurious]

Lowering stop to 2840 to lock me at +50 ... moving 2797 limit to 2814, other targets stick. Current 2833.75

22's done, stop on the rest at 26.25 and 2814 limit

 

[_eug_]

NQ are your level's the fib extensions?

 

[NQurious]

22's done, stop on the rest at 26.25 and 2814 limit

stop 24

 

[schizo]

Short 24.50

 

[EON Kid]

There you go. New LOD and instant 7 point retrace. This is what I alluded to the other day. I don't recall the markets being this snappy in the past (10 years past). But maybe it's just me.

I'm looking for signs of a bottom though - and this may been it.

So I was looking at charts from 2017 where ES 12pt days were typical, with that sluggishness, trends were better for the patient traders, reasonable stops were manageable. NQ had more similar swings to current PA on volatile days. Now both ES & NQ have swings far more similar to CL before covid days.

CL was an unforgiving harsh mistress, but she prepared me well for this.

For those of you having trouble with this volatility I would recommend you have a look at trading the large cap stocks. easier read on support and resistance, cleaner retraces, less fake spikes being randomly thrown out. Use futures PA for confirmation. Dont waste years trying to tame these volatile beasts, tame your ego first, I speak from experence. GLTA

 

[schizo]

Short 24.50

Flip long 22.75

SL 3

 

[SPYgrain]

stop 24

nice trading...hope this doesn't mean you are not golfing..

don't like double negatives, but, but?

 

[NQurious]

.hope this doesn't mean you are not golfing..

Got in the first of my rounds and decided I was too beat to stick around for the second lol ... I've kept up with my running but I'm a walking golfer and I carry my own bag. Eight weeks away from the course have taken their toll on my conditioning.

stop 24

Seaweed will be around any second to rell me what a $hitty trader I am.

 

[schizo]

Flip long 22.75

SL 3

-3

 

[schizo]

Long 20.25