ES Journal - 2021/2022

[schizo]

June's low by End Of Week.

Hold your pants, we're not done yet. 3840 should be the LOD.

But then again, are you sure about June low by the EOW? I have a feeling we're only being set up for a pop tomorrow following the FOMC.

 

[Laissez Faire]

Had one of those days last week. Win a few, lose a few. But keep moving higher.

Haven't made a trade yet today. No good setups other than the one I missed right after RTH open.

My only complaint is I wish it was smaller, but it's hard to know where to draw the line. I've been down about $1K in the past and easily turned it around. I decided to shut off today because I was not really in tune with the market at the moment and knew it would require a tremendous move to get back in the green.

If you didn't make any trades yet today you're very disciplined. I'm a bit too trigger-happy.

 

[SunTrader]

My only complaint is I wish it was smaller, but it's hard to know where to draw the line. I've been down about $1K in the past and easily turned it around. I decided to shut off today because I was not really in tune with the market at the moment and knew it would require a tremendous move to get back in the green.

If you didn't make any trades yet today you're very disciplined. I'm a bit too trigger-happy.

For a while there recently I was a bit too disciplined. Seriously. Not gun-shy. Just wanted things too perfect.

Meanwhile at the 12 o'clock hour missed another one. Divergence, volume percentage not confirming morning up-move. Then of course as I mentioned previously $TICK.

 

[Laissez Faire]

But then again, are you sure about June low by the EOW? I have a feeling we're only being set up for a pop tomorrow following the FOMC.

I think tomorrow will pivot us either up or down. It's probably that simple. Which way I think is anyone's guess, but even if it's a rally, it seems odd if we were to put in a bottom here for the medium/long term.

But who the hell knows...

 

[SunTrader]

$SPX is breaking down to new multi-monthly low. So not waiting on Fed.

 

[mervyn]

That's great, @mervyn! Would you mind sharing with us pikers how large an account you're trading?

Doubling your account in a month is awesome.

Day trading ES is a 10k account, reset every month, all you need is a 10 points win.

Swing and carry trades account is more than few expensive good watches, not that I am into watches.

 

[mervyn]

GTC buy 3800, hope to get filled overnight or tomorrow, at least 1% movement expected.

 

[Sekiyo]

Hold your pants, we're not done yet. 3840 should be the LOD.

But then again, are you sure about June low by the EOW? I have a feeling we're only being set up for a pop tomorrow following the FOMC.

Not sure, of course.
Let’s see what tomorrow brings.
It’s just my sentiment being through the floor.

Looks fcked yup.



Rates … Inflation … Growth …
The VIX hasn’t spiked …
Blablabla

 

[Master Pu]

Roubini says a 40% drop in stocks looming. What do stats say about his previous calls? Bull market is coming then

 

[Master Pu]

Hold your pants, we're not done yet. 3840 should be the LOD.

But then again, are you sure about June low by the EOW? I have a feeling we're only being set up for a pop tomorrow following the FOMC.

It should not be such a shocker this time, unlike the last time when many were expecting a transitory inflation figure to fall inline with energy prices. Everyone is talking about a potentially 100 basis points hike this time, but with midterm elections upon us, I wouldn't be surprised if the FED only raises by 50 tomorrow and market has a strong rally.