ES Journal - 2021/2022

Concinnity said:
No, I don't use channels at all, just getting a buy signal here on ES Daily chart and we have yet to hit the Daily EMA which mine is at 4450ish currently. Which is typically a fairly bare bones target to hit, even in bearish environments. So, my expectation would be we hit the EMA tomorrow, given we have a buy signal.

I rarely trade overnight though, will wait for tomorrow at 9:30 and depending upon where we are and if anything has changed, I'll adjust my bias or plan.
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Looks like we had nice size down move while I was sleeping, but things looking a little better now.

My view hasn't changed, still seeing if the ES Daily buy signal will produce to around 4450-4454 ish. So, still plan on looking for a long setup after 9:30. Not against taking shorts either, just not really heavily interested in shorting at these levels yet.

This certainly could play out like yesterday where we fall short of my target and I end up missing the short.... but I am ok with that just playing the probabilities as I understand them and does no good for me to make money on a trade I don't understand or can't consistently repeat... that was my whole point in last nights discussion.

Good luck to everyone.
 
If we can find a base on/shortly after today's Open - I'm leaning long for the day for a move to 4440 / 4460.

I'm staying flexible and loose, though, so won't marry that view or chase a long right now.

Good luck, all!
 
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