ES Journal - 2021/2022

[Spooz Top 2]

took 31.50 on remainder ...+ 44.50

Bullish Undertones here...

FOMC Minutes @ 2pm ... Flat

Gut Intuition proved correct... so far... higher the lift.. bigger the gift!

 

[mervyn]

42 points and I am largely done. 4440 seems a cap

good 2pm catch, pocketed another 49 points.

 

[Spooz Top 2]

Gut Intuition proved correct... so far... higher the lift.. bigger the gift!

Perfect example of reading PA accurately with intuition vs. just TA/ Tech Analysis..... PA acted funny all day as if it wanted to rip... sell offs were not convincing at all... apparently accumulation was in effect... as PA was correct!

 

[Ninja Mobile Trader VPS]

 

[Laissez Faire]

The reason I lost interest in the short side today is because we just didn't get any follow through below Friday's Low, although there was plenty opportunity.

That's once overnight, once on the Open in RTH and finally this afternoon in RTH. Factor in the relative strength on NQ which just wasn't budging much today.

Pretty much a range bound day after all.

It's possible today is simply a consolidation before continuation lower and this close in RTH was a bit disappointing for the long side, but I did enter a long @ 89.25 which I will be holding overnight in the event that we put in the Week Low here.

Still HODLING.

As our beloved @Buy1Sell2 would say: "I see no obvious reason to be short here."

I'll hold this for 4600.

 

[QTrader20]

Waterfall.....

Hope y'all are safe.

Ukraine news

 

[QTrader20]

Bots are running so crazily hots. Extremely rare at this sleepy hour.

 

[Concinnity]

Waterfall.....

Hope y'all are safe.

Ukraine news

View attachment 278358

Well markets could never really get above EMA on NQ/ES Daily, even after that push EOD NQ still couldn't candle close above it. Even without the news bulls weren't really showing any signs of strength like been commenting past few days. Both you and spooz mentioned it too.

 

[mervyn]

Bots are running so crazily hots. Extremely rare at this sleepy hour.

Shooting began, according to Russian reports.

 

[Laissez Faire]

I may be stating the obvious, but it seems like the market is stuck here after Tuesday's breakout pending development with the situation in Ukraine.

Joking aside on my prior post the obvious reason to be short is that we're trading into a clearly established resistance zone and that if the situation escalates in Ukraine we could easily see a good drop from here.

Still holding long, but I do recognize the risk and potential of a move lower from here.