ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Double top in thee NQ. You know what that means for ES. Search for toping patterns.
Out 78.50Flip long 70
SL 66.50
Hopefully this will be the last flip.
The market's headed towards 4204/05 short term, IMO. Probably by tomorrow's Close.
I have a hunch you're overtrading your account.
Is this a cup & handle pattern?
I feel silly just posting it, but I've heard about this pattern and couldn't help but notice.
Nothing to do with the 04/05 prediction. Just coincidental.
Is this a cup & handle pattern?
I feel silly just posting it, but I've heard about this pattern and couldn't help but notice.
Nothing to do with the 04/05 prediction. Just coincidental.
Yeah, but I don't TA. Purely price action. Anyway, the best thing is to let the market lead you the way. In that regard, I think I did okay today, except for that last fade. And what makes it more painful is that I knew in my head that we would go as high as 4200 by the EOD, and yet I shorted at 4190.
Tomorrow, we'll most likely see 4220. What's in store for econ news?
Sloppy call as I was just opening my charts and saw the obvious. If I put my mind to it I would probably have realized we'd see it as soon as today.
Looks like 4230 by tomorrow, then.
Yeah, but I don't TA. Purely price action. Anyway, the best thing is to let the market lead you the way. In that regard, I think I did okay today, except for that last fade. And what makes it more painful is that I knew in my head that we would go as high as 4200 by the EOD, and yet I shorted at 4190.
Tomorrow, we'll most likely see 4220. What's in store for econ news?
Today's morning high was an FBO of the weekly high giving a pullback going into lunch hour, but never trading much below the Open and certainly not below yesterday's Close. So, no real weakness.
When the market started trading back towards the HOD and the weekly HOD the expectation would be that the second attempt would be a successful BO.