ES Journal - 2023/2024

2 tick stop now. Hold if we take out the HOD. Maybe a re-entry if stopped.

Market's a bit overextended short term probably, so we're pushing it here. NQ ripping, though.
 
Looking for washout, the MMs like to hit everyone’s stops (longs). If you look at 5-60 min charts you will see frequent (look backs) for confirmation of trend. If the ‘look back’ pivot fails then it heads to the next regression.


I'd appreciate a minimally annotated chart pointing to what you are referring to as a "look back pivot." I don't mean to cause you any trouble so no problem if it isn't something you want to do.
 
Back
Top