ES Journal - 2021/2022

[vanzandt]

I think we have more bounce prior to that. But yes---definitely headed down longer term.

cash is 4493 as i type.
spx
pretty sure we'll be lower tomorrow.
i wouldn't be surprised if we close red today

 

[Buy1Sell2]

I'm Long 4474.50 Initial stop 4467.00

Out 4486.50 for gain of 12 points.

 

[RXIS]

Out 4486.50 for gain of 12 points.

another nice call, broski

 

[RXIS]

well damn

 

[Buy1Sell2]

We are in the area plus or minus 40 pts where I would expect this bounce to mature and then fall significantly.

 

[Buy1Sell2]

We are in the area plus or minus 40 pts where I would expect this bounce to mature and then fall significantly.

Doesn't mean it would be today tomorrow or the next day---.

 

[Buy1Sell2]

CL looking good here on the basing for the continuation upmove. Staying long CL here for the long haul.

YEP!

 

[Laissez Faire]

Hmm, yes, that would be, because that would mean just another 66 points after that for me to get into profit before June expiry. And that's, well, crazy. Because...war and wheat.

You almost jinxed it!

Might not be a bad idea to get out as we approach 4600, though, and take a small loss - instead of hoping you'll get out if we should drop again from here. Which I'd say can happen just as easily as going higher.

Hope.

Let's all erase that word from our trading vocabulary.

 

[Overnight]

...
Might not be a bad idea to get out as we approach 4600, though, and take a small loss...

That would not be following the plan. Like I said earlier...I've broken the plan 3 items before, and it always ended in unnecessary loss.

 

[Laissez Faire]

That would not be following the plan. Like I said earlier...I've broken the plan 3 items before, and it always ended in unnecessary loss.

What if ES didn't reverse at ~ 15 % down like it did and instead dropped to 25 %. Wouldn't that have been an unnecessary loss, too?