Well, thanks for the bull trap.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Well, thanks for the bull trap.
Traders are getting trapped in both directions with this action.
NQ relative weakness like mentioned earlier have been an early warning against the long side for a while now.
Yet, my view is that we're basing out here now for the day.
They're just out to gun the stops and weed out all the weak hands before starting the rally in earnest.
My only concern is some shock factor, like NFP coming in worse than expected, that could tip the point. Other than that, it's all kumbaya!
Back above the mid point and VWAP. NQ moving a bit, too.
Not convinced until we get a good thrust above 3932, though.
Not convinced until we get a good thrust above 3932, though.
Maybe something like this. Regardless, I will not take a loss on this trade.
Make that market money, High-Fives to everyone in this thread
Master the trade. Don't let the trade master you.
Control the trade. Don't let the trade control you.
Play the market. Don't let the market play you.
Understand the trade. Don't let the understand trade you.
Master the trade. Don't let the trade master you.
Control the trade. Don't let the trade control you.
Play the market. Don't let the market play you.
Understand the trade. Don't let the understand trade you.
Might see a deeper WVAP/mid-point PB to 20 before the pop. Holding long. 
Unless we roll over, I'm gonna bank on 3965 for the HOD.Might see a deeper WVAP/mid-point PB to 20 before the pop. Holding long.