ES Journal - 2019/2020

[EON Kid]

Long 3660.25 tight stop

 

[EON Kid]

Long 3660.25 tight stop

moving stop up to 3659


editut -1.25

 

[EON Kid]

Looking for price action / confirmation at 3650 and 3640

 

[Laissez Faire]

You were just a tad too early, my friend.

These situations are always tricky unless you're scaling in/out.

I had a buy limit @ 53,50 and a buy stop @ 56. The latter got filled. Holding it at B/E now.

 

[Laissez Faire]

May be good for another push down to 50. If so - I'll re-enter.

 

[Buy1Sell2]

There is a massive move in the offing over the next 3 days. Problem is, I'm not sure which direction, but it will be huge.

 

[Laissez Faire]

Still flagging lower here, so might get that second push to the down.

Would be re-assuring with a break above 64 or so.

 

[Huyang]

There is a massive move in the offing over the next 3 days. Problem is, I'm not cure which direction, but it will be huge.

If possible, may you please tell what factors make you believe there is a massive move soon ? i think FOMC is one of the factors. Thanks.

 

[EON Kid]

NQ doing its thing, NQ maybe 12450 target, industrials financials & even Energy looking far better

 

[Buy1Sell2]

If possible, may you please tell what factors make you believe there is a massive move soon ? i think FOMC is one of the factors. Thanks.

It's fairly simple. In my view, contraction of Bollinger Bands occurs primarily when there has been range trading and they get much narrower right before a huge move. The size of the move is somewhat dependent upon what time frame chart you are looking at. They contract somewhat in parabolic trending moves as well.