ES Journal - 2021/2022

[mervyn]

My broker system doesn't allow me to go short after Powell left. What's up with that? Probably temporary spike in margin requirements, which I have plenty.

Anyway, net positive today, can't chase every penny.

 

[schizo]

Short 3780.25

Kinda risky but we'll see.

SL 86

 

[schizo]

Short 3780.25

Kinda risky but we'll see.

SL 86

+10

Out 3770.50

 

[formikatrading]

One of those days where my ST stuff is completely over-ridden by the weekly. Handled some stuff OK given what happened but definitely should have been more focused on the weekly perspective to take advantage of the situation.

@Laissez Faire -- seasonality during bear markets vs bull markets!

 

[Laissez Faire]

I'm not sure if today could have been solved by better analysis.

Holding a position into FOMC today would be extremely risky regardless of direction. This was known in advance.

Which is why I this morning said that the sensible thing would be to close out all longs pre-release and re-initiate after the dust had settled.

 

[Overnight]

...
Which is why I this morning said that the sensible thing would be to close out all longs pre-release and re-initiate after the dust had settled.

How do you think he will respond now that he is at a loss if he held?

 

[SunTrader]

TD Sell Sequential13 (aggressive count H to H comparison instead of C to H) which I have been using more and more lately in combination with standard one - which in this case didn't signal:-

 

[mervyn]

During the Fed hour, I traded market orders by color, no ticks no stop losses. Once it swings, exit immediately, less than 1 minutes hold.

 

[formikatrading]

Maybe better utilization and implementation of the analysis.

Kinda tried to get a little too cute playing a ST buy set-up within a bigger picture weekly sell framework.

I'm not sure if today could have been solved by better analysis.

Holding a position into FOMC today would be extremely risky regardless of direction. This was known in advance.

Which is why I this morning said that the sensible thing would be to close out all longs pre-release and re-initiate after the dust had settled.

 

[Buy1Sell2]

Interesting day as I'm checking in here and reviewing. I like the look of this pullback and I would expect us to level out here and continue the upward momentum toward 4000 and perhaps 4100. It may not occur, but I stay with the method I use. --Staying long for now.