ES Journal - 2021/2022

schizo said:
Not that I'm into conspiracy crap, but I kinda think the "big boys" or the "pros" orchestrated this from the beginning. Just look at the huge rally from the European open up to the CPI announcement, followed by the monster drop that lasted until the opening bell. Then the rip up like there's no tomorrow.

Seriously, unless you're a total noob or a complete idiot, this isn't normal. It smells.
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IMO its not normal and .. its not orchestrated.

Meanwhile $SPX made a HOD 61.8% (within a point) retracement of drop from Oct 5th.
 
SunTrader said:
IMO its not normal and .. its not orchestrated.

Meanwhile $SPX made a HOD 61.8% (within a point) retracement of drop from Oct 5th.
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So it's just coincidental that the CPI came in worse than expected and the Wall Street decided to rally? Remember, it ain't small fries like us who can move the ES up over 5%.
 
schizo said:
So it's just coincidental that the CPI came in worse than expected and the Wall Street decided to rally? Remember, it ain't small fries like us who can move the ES up over 5%.
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Have you ever heard, markets are taken down to go up and up to go down?

What do you think all those ES shorts did when it got down by 3500?

I got out of my NQ short way too soon as I mentioned this morning, but if I was still in my position after it dropped as much as it did I know damn sure I would be out in a millisecond as soon as I thought it had stopped dropping even if it hadn't.

Now of course hedge funds are a lot stronger than poor little average retail guys like ourselves and can stand more heat but they also need to book profits when they are right in their grasp.

Once enough short covering began and price started creeping up new longs were encouraged to join in, things snowballed from there. Nothing IMO underhanded.
 
schizo said:
Flip short 81

This is what happens when you disregarded the signal
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You have to remember what is coming up. Asian opening times of 8, 9, 10PM moves Eastern Time. How can TA work during those times? How will they react to the US market moves?

I have an 83.75 long on the MES with 20 point target/stop in sim, to test that theory.
 
SunTrader said:
Have you ever heard, markets are taken down to go up and up to go down?

What do you think all those ES shorts did when it got down by 3500?

I got out of my NQ short way too soon as I mentioned this morning, but if I was still in my position after it dropped as much as it did I know damn sure I would be out in a millisecond as soon as I thought it had stopped dropping even if it hadn't.

Now of course hedge funds are a lot stronger than poor little average retail guys like ourselves and can stand more heat but they also need to book profits when they are right in their grasp.

Once enough short covering began and price started creeping up new longs were encouraged to join in, things snowballed from there. Nothing IMO underhanded.
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But that's the whole point. The big boys are the ones who orchestrate short squeeze. They are the ones who set the traps and plan these things well in advance. That's my understanding.
 
Overnight said:
You have to remember what is coming up. Asian opening times of 8, 9, 10PM moves Eastern Time. How can TA work during those times? How will they react to the US market moves?

I have an 83.75 long on the MES with 20 point target/stop in sim, to test that theory.
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I have no idea what you're talking about. I don't do TA. I do PA.
 
schizo said:
I have no idea what you're talking about. I don't do TA. I do PA.
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Ahh, you do PA signals? What does that even mean during the overnight hours? Price action overnight is whacked, and wholly at the mercy of those Eurasians, no?
 
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