ES Journal - 2023/2024

[schizo]

bail out at 1 minute chart, need to micromanage the trades. or you can try rates, drawdowns are manageable.

I'm merely arguing in terms of price action. But thanks for the suggestion.

 

[Laissez Faire]

It makes zero sense to even go there, let alone reverse and go back up. And 95.75 happens to be such a place. Why it went there and then suddenly reversed is a mystery.

And every other tick or 1-minute candle made sense today?

Index futures are very noisy short-term, so I would say you're making a mistake if you're trying to make sense out of every price move. Sure, it happened for a reason, but that doesn't mean it's predictable.

Further, I'm sure most of the volume that's transacted in index futures is not based on price action patterns.

I may be wrong, but that's my view.

 

[Big AAPL]

Did you just see that? It went down to 95.75 and reversed on me. WTF!

(I think it's hinting that maybe I shouldn't post my trades here. What do you think? Bad idea?)

Yes. Just post your exit...we trust you

 

[schizo]

And every other tick or 1-minute candle made sense today?

It made total sense, up to that point. Then boom, it blew up in front of my face. Shocker, I know.

 

[c1rcle]

Just as I posted many winners, there are equally many losers. So I normally have no issues with being stopped out. But I get frustrated at times when the damn price goes down to areas that are practically no man's land. It makes zero sense to even go there, let alone reverse and go back up. And 95.75 happens to be such a place. Why it went there and then suddenly reversed is a mystery. To say there was a pile of stops at 98-ish makes less sense.

View attachment 341542

 

[schizo]

View attachment 341548

You must have missed my other posts about how much I dislike Fibs.

 

[theapprentice]

tried NQ ss for first trade of the day.
Still kinda bullish medium term but trying to catch a little counter move

 

[Laissez Faire]

Looks good for a rally into NFP, yes?

I think we take out last week's high at least. 5335. Possibly as soon as today.

It made total sense, up to that point. Then boom, it blew up in front of my face. Shocker, I know.

That mysterious spike down could simply have been a larger playing putting on a hedge. Probably nothing to do with price action per se.

 

[Nighthawk]

Sell 5327 or better. Target below 5300.

 

[Laissez Faire]

And that's what makes a market!

If this gap isn't sold on the RTH Open, I'm thinking 5350 on the day.