ES Journal - 2021/2022

[Overnight]

Swing trading and holding overnight is where it's at. Make money while you sleep!

HAHHA, you're a funny guy!

 

[Overnight]

...

Maybe you should learn to embrace colorization... it might help you make profits!!

I tried going off-standard long ago, and it didn't work out so well. I no longer have the preset color-scheme, but it was something like this...

GAH!!!!!!!!!!!!!!!!!!!! Eyes burning!

 

[Spooz Top 2]

To be clear… that’s correct! I sold a couple at 4510 .. as not to miss downside move should we broke the other way, I could’ve built on that!
However we broke the other way, as I noted yesterday on the move from 4486 to 4530.. then possibly to 4550… got lucky on larger move & I sold 5 more here at 4580 … 2 more here at 84 at R… Cutting my cost avg nicely….
I can swing up to 25 cars comfortably here with good sized swings in my position acct where the big money is made!.. Currently short 8 cars.. only 1/3 rd & modest position for 2-3 month swing trade…
I scale in & out of these positions on significant moves… adding and subtracting as we flow.

I don’t usually elaborate on my position size or strategy… but made an exception for you.

How’s your methodology working out for you?

Positioned @ 9 cars 4565.33 cost avg….
Position acct … not intraday acct……

2x 4510
5x 4580
2x 4584

 

[Laissez Faire]

Small long here (71.50) as a lotto ticket into the CPI. Add if it gets legs. 15 point stop-out if not.

 

[Laissez Faire]

Using channels, you can see today as a breakout... Todays volume was lowest since January 3!

Tomorrow, with it's potential to be news driven, I see an outside day in the making.

Gratz. You win the annual ET-ugliest-chart-of-the-year award, awarded never. I mean seriously, why the pink? And your bottom trend-channel line is flopping around out in nowhere land. LOL

Looks pretty to me, so I suppose beauty is in the eye of the beholder.

Thanks for sharing that chart, Tiddly. Do you think low volume holds any significance? From Hershey's (and yours...?) view I suppose that could indicate it was an FBO?

 

[ElCubano]

I wear your award as a badge of honor, especially in todays all inclusive world.

Maybe you should learn to embrace colorization... it might help you make profits!!

pink is the new green $$$$

 

[Zodiac4u]

If anyone is interested, todays $SPY cash low projection is mid $454 to $455 range, but we are leaning north today, not sure if $460 or over will be hit?

 

[Laissez Faire]

Small long here (71.50) as a lotto ticket into the CPI. Add if it gets legs. 15 point stop-out if not.

Covered B/E going into the release. Not touching this until RTH opens.

Largest 5-minute bar in a while.

 

[Zodiac4u]

If anyone is interested, todays $SPY cash low projection is mid $454 to $455 range, but we are leaning north today, not sure if $460 or over will be hit?

I guess the low end was off,

 

[newbie463]

IF we get a trend down day from here, the daily will look ugly............

swing double top and island reversal. can it be considered an island reversal if its not multiple days?

good luck guys!