ES Journal - 2019/2020

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The only good sign for short-term bulls so far is # of sellers v.s. buyers aren't as aggressively as two days ago, see red arrows.

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trdes said:
Next up 11208.00 Just need to deal with this 11260-11280 accumulation zone, it's holding some what, but think it will fail since Daily chart is bearish.
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There's 11208.00 or close enough for concept, don't care about exact tick. Failed to hold a runner all the way there. But still got a decent short on that second move up.


Well that's all the high probability advantages gone (11506.50 and 11208.00) retraces per the daily chart. Took long enough to get there.
 
trdes said:
There's 11208.00 or close enough for concept, don't care about exact tick. Failed to hold a runner all the way there. But still got a decent short on that second move up.


Well that's all the high probability advantages gone (11506.50 and 11208.00) retraces per the daily chart. Took long enough to get there.
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Won't likely be taking too many more trades today. Since all the high probability (at least for me and my understanding) is gone today. May take some longs if I like the setup, but very likely will just be for quick in and out.
 
Laissez Faire said:
I'm still short, but cautious of buyers stepping in. Just don't see it yet.

I'm thinking 3300/3290 before I'll be salivating on a long. :)
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I am done looking aggressively short for today since NQ target hit, but personally I am being careful on any longs I take and will be taking profits quickly if I take any, as Daily charts still look pretty rough.


3160-3211 on ES is an accumulation zone on a large chart, that's where I'd start to look more aggressively long if we get in that area and depending on the close of the day and etc. A move from that area has a higher probability of sustaining itself, where as if ES makes a move up from here, it has a lot less chance to sustain itself.
 
ES, is at a point here where we should start to see some move up soon. So, if anyone see's something feel free to speak up, I am not against going long ES here.

EDIT: ES 3296.50 would be where I'd be looking to. If we can't even make it there, than that's pretty concerning.
 
wave said:
We have liftoff.
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Hey man talking shit to me doesn't do much, I never got long and never posted a trade. Hence why I said "if anyone see's something feel free to speak up" because I was looking to see what others think. As I already posted want to be careful going long today.

I clearly posted 1 hour before the open my bias and targets and every thing played out about as close as possible. So, if you're going to shit talk one comment, than please put everything into context.
 
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