ES Journal - 2019/2020

wiesman02 · May 15, 2020

Add 56

wiesman02 · May 15, 2020

wiesman02 said:
Add 56

scratched it. Done for day

Cessna06P · May 15, 2020

l 47

wiesman02 said:
scratched it. Done for day

You were doing good until the moment RTH ended. crazy stuff happens then.

syswizard · May 15, 2020

I applaud the FOMO crowd for their attempt to get to a new HOD in that last 15 minute rally.
Very impressive. Close, but no tooky.
Look at after RTH PA....what a fake rally that was....LOL.

schizo · May 15, 2020

Cessna06P said:
You were doing good until the moment RTH ended. crazy stuff happens then.

It looked pretty crazy all afternoon. The DOM was acting like it was on steroid.

wiesman02 · May 15, 2020

schizo said:
It looked pretty crazy all afternoon. The DOM was acting like it was on steroid.

yep. Might be the sign we are going down again next week

Cessna06P · May 15, 2020

I did several brilliantly conceived and less than flawlessly executed trades today. Up a total of 1 pt. at least I didn't hurt myself.

Cessna06P · May 15, 2020

Ya'll have a good weekend. I am going to find my old bull.

NQurious · May 15, 2020

Huyang said:
Yesterday i got a insight: since the market is a flow and market does not know any bars, then entering /exiting at market when market show us the urgency to enter/exit is an excellent idea if a trader really knows how to read the chart relatively accurately.

Not many get that so nicely done and hold onto that insight. Nothing we talk about is in the market - no trend lines, moving averages, channels, wedges, triangles, etc - none of it is in the market. It is structure we impose on the data flow of price & transactions.

Huyang said:
I was looking again yesterday at your long trades: first long around 14, stop around 09, then long again 10.75, stops 02, 11.75, 21.75, 27, exit at 34. it seems that you are using the price levels market telling you but not the H1 or L1 from one particular chart. By the way, how do you decide those stops? Do you use H1 to enter long? thank you.

I do use H1/H2 and L1/L2 and yes, I am also using other levels/areas based on "trader" behavior.

Huyang · May 15, 2020

NQurious said:
Not many get that so nicely done and hold onto that insight. Nothing we talk about is in the market - no trend lines, moving averages, channels, wedges, triangles, etc - none of it is in the market. It is structure we impose on the data flow of price & transactions.

I do use H1/H2 and L1/L2 and yes, I am also using other levels/areas based on "trader" behavior.

Holding onto that insight takes lots of deliberate practice. At the same time, the price structure we see helps us feel the market flow better.

Yes. i did feel that you stops and entries/exits are gotten by combining H1/H2 /L1/L2 , swing high/low, and signals about which market is talking to you.