ES Journal - 2019/2020

[syswizard]

It seems pretty damn bullish from here though.

However NQ is a no-go today.

 

[theapprentice]

L 59

 

[Laissez Faire]

However NQ is a no-go today.

Yeah. Just sold off a good 10,75 points here and my late long entry would have been red by now.

I'm nervous holding both longs and shorts at this point as I'm expecting a sell from this area, but have no idea if it's here or 60 points higher.

So I'm happy just taking smaller targets.

 

[Buy1Sell2]

Swing buy here---Long 2445.00----Reevaluation area will be 2190. I'll hold till then on the down side unless I see a signal that tells me to get out.

Out at 3059.25 for a gain of 614.25 pts. I've rolled into Sep long at 3049.00. Reevaluation area will be 2480.00

 

[Laissez Faire]

Out at 3059.25 for a gain of 614.25 pts. I've rolled into Sep at 3049.00. Reevaluation area will be 2480.00

Awesome! Well done, Buy1Sell2!

 

[Buy1Sell2]

Long 2815.00 Initial stop 2712.00

Stop raised to 2847.00 Pricing is currently 3009.

Stop raised to 2903.00 Pricing is currently 3059.50

 

[IB_Dude]

So far we are following the same script as yesterday. Play accordingly until we aren't

 

[Laissez Faire]

So far we are following the same script as yesterday. Play accordingly until we aren't

How so?

We're almost back to the LOD here.

 

[Laissez Faire]

Short 3050. 5 point stop.

 

[IB_Dude]

How so?

We're almost back to the LOD here.

The scales and relative price point (HOD/LOD) are clearly different, but if you compare the overnight action for the last two days up until their respective opening action until 10:30, the similarities are there. Note the relative price points aren't.

However, as I'm typing this, I can see the correlation breaking down. So previous post is null and void.