Definitely agree. This is where I was going with the "4D" analysis -- you have to be looking at the market in a way that allows you to see what really is going on.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Quite the opposite, these are usually contrarian indications.
That is what I meant. Meaning, "we" can't be too bullish as traders when this is going on.
Do you have an update by end of week? That one seems to be a bit dated as it's not by end of last week.
I don't track sentiment that way. But I do notice that after one large red weekly bar people seem to be very bearish. And after one large green weekly bar people seems to get very bullish. Always weighing the most recent past the strongest.
I'm sure it will change a bit after this past week but part of the "craft" of using sentiment is looking at the overall picture and it's been pretty bearish. It's not a precise timing tool.
And stopped out...
Too high, too fast. I've no idea if this can keep running or not. I know it can, but the R/R isn't sufficiently sexy.
Ran into trouble on the Open today. Incredibly going short when I was going long and took me a few minutes to recgonize it even. But thanks to this beautiful up trend I managed to turn it back around.
Good start of the week.
Too high, too fast. I've no idea if this can keep running or not. I know it can, but the R/R isn't sufficiently sexy.
Ran into trouble on the Open today. Incredibly going short when I was going long and took me a few minutes to recgonize it even. But thanks to this beautiful up trend I managed to turn it back around.
Good start of the week.
Up & away time......
We're under the top of the trendline but in the early stages of a new swing move the angle can change.
Starting to regret all the sales I made last week...
The "stair step" pattern is one of the easiest to trade, but it's not easy if you only buy on declines.
We're under the top of the trendline but in the early stages of a new swing move the angle can change.
Starting to regret all the sales I made last week...
The "stair step" pattern is one of the easiest to trade, but it's not easy if you only buy on declines.
