ES Journal - 2021/2022

Maybe I'll be able to redeem myself after yesterday's massive failure.

The market looks very weak here, so I'm going to swing for the fences on this one.

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Laissez Faire said:
I already redeemed yesterday's failure if I close out right now, but the market looks weak as hell here. I don't think anyone but Powell and the PPT could stop this right here in the middle of nowhere.

4350, maybe?

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I would also say 4350 would be a target (if continue down) with all the opens and closes congested.
Funny sidenote, my B is "respected" by the market by price jumping over it :)

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It takes courage and conviction to hold here, but I just don't see a buy signal yet.

And I can see myself in a different time/space trying to pick a bottom here and the pain/hope/frustration I feel as the market keeps going lower.
 
Laissez Faire said:
Locking in 30 ES points at 4484 and 75 NQ points at 14646. I think that should be "safe" if we head lower from here going into the release in a bit.
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Stop was just above hourly candle on both. NQ retraced more than ES on that pop.

Stopped out of NQ for 90 points of profit.

Locking in 40 ES points @ 4474. It may be a bit too tight, but let's see where she goes.

EDIT: Corrected the NQ trade. It was actually 90 points, not 75. The stop above would have kept me in the trade, but it seems like I tightened it just too much.

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Our short term models (couple days holding period) are all in cash still, waiting for the next strong long signal.
 
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