ES Journal - 2023/2024

[Laissez Faire]

I figured the PB had a good chance of culminating around 23 - hence my wider stop. It overshot that by a bit.

Might be too late for new highs, though. Maybe a close around 30. Now, a sell off into the Close, that would be interesting. Doubt it, though.

 

[schizo]

Short 30

 

[schizo]

Short 30

-8

 

[schizo]

-8

Grrr, back down to my previous entry. Anyway, plan to jump her short (again) if she pops back up.

 

[Picaso]

Grrr, back down to my previous entry. Anyway, plan to jump her short (again) if she pops back up.

Yeah, you were almost high-ticked there

Laissez-Faire also had the (opposite) right idea, but was also hit by a stop-run.

 

[Laissez Faire]

The month of July for the last 34 years:

Pending any special news (do they even matter?), I'm sure we'll be back to new all time highs soon enough this month.

I'm guessing range bound / weak trend higher this week. Maybe we'll have to wait until next week for a good move higher. Expecting any sell-offs to fail at this point and be good buying opportunities. Daily trend + statistics does not suggest a sell-off from my POV.

Also, I keep picking up the usual chatter from the bears, so there's that as well.

 

[Laissez Faire]

Laissez-Faire also had the (opposite) right idea, but was also hit by a stop-run.

I may have re-entered, but I won't bother you guys with that after the fact. The bias was strong for a green close today.

I figured my stop was loose enough, but it overshot. With price reversing fast back above Friday's Close putting in a nice wick and NQ not even touching the Opening price on the pullback, it seemed solid enough.

 

[theapprentice]

L es (just woke up and opened the charts and see a big dip so taking a shot!)

 

[schizo]

L es (just woke up and opened the charts and see a big dip so taking a shot!)

I hope you're right, but something tells me we're going down today. But, needless to say, I'm biased to the downside.

Anyway, plan to jump her short (again) if she pops back up.

 

[flash crash]

Premarket session is possibly all I'll have for today depending upon what comes across my desk at work. Net result is a a hair better than +6 points net. Not perfect but not too off the mark either. Thankfully trading isn't a game of perfect. The best thing I did for my trading is eliminated BIG LOSSES. Good luck today guys.