ES Journal - 2021/2022

[Laissez Faire]

And out for 6 points. I still think it's possible we have the week high here and I may have stopped out on noise, but it would be a shame to not take anything off the table. If there's one mistake I made in the past it was that I was often swinging for the fences a bit too often giving back many unrealized profits in search of the big one. So, usually, I like to make sure I take at least something off the table.

All those small profits add up.

 

[formikatrading]

You mean like I did last week?

If there's one mistake I made in the past it was that I was often swinging for the fences a bit too often giving back many unrealized profits in search of the big one.

 

[mervyn]

12.75 points on 6 contracts, done for the day, better safe than sorry.

 

[NoahA]

And out for 6 points. I still think it's possible we have the week high here and I may have stopped out on noise, but it would be a shame to not take anything off the table. If there's one mistake I made in the past it was that I was often swinging for the fences a bit too often giving back many unrealized profits in search of the big one. So, usually, I like to make sure I take at least something off the table.

All those small profits add up.

Is this a good time to mention that having entered with 10 MES, exited 5 of them, and holding 5 more for scaling out 10 points lower on each one would be an awesome strategy (ie. +10, +20, +30, +40, +50)? Obviously the stop on these 5 would be set to BE, so maybe that will hit and your profit on the full entry at +6 would be profitable this time around. But since you feel so strongly about this maybe being the high for the week, those runners would have been awesome to have!

 

[Laissez Faire]

IHS in place intraday over the last hour. Let's see if that can trigger a breaekout to 88,75 (where it still can fail and reverse).

Not participating at the moment. Just watching.

Still a bit of a bear, but can't marry that view.

 

[Laissez Faire]

Had to take that breakout. It was too obvious.

 

[Laissez Faire]

88.75 is still a possible failure point intraday, but we might have a chance to regain that 3900 range if we trade above 3890 now.

I'm starving. Had a 9 hour workday and got right to trading.

Might have to be satisfied with this for today.

 

[schizo]

A divergence on 240 min, I see price falling towards the support line and a powerful short squeeze towards 4k or whatever else you wanna call it

Good call, bro.

 

[schizo]

Methinks we're just gonna chop 'til everyone drops until Wednesday, so better you play ping pong with S/R in the meantime.

 

[Wide Tailz]

I'm no Guru but it sure looks like a local bottom. The count implies a false break of the triangle then the launch, for MAXIMUM PAIN!

*edit- long 100 tqqq at the tip of this glorious little flag, and a limit for another 100 on the next line down