ES Journal - 2023/2024

Now, the gap is filled, @c1rcle. :)

NQ not quite there yet.

This is weak AF. I wouldn't play the bounce yet. We could take out the weekly lows here.

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Picaso said:
You posted a pretty good trade, I'm surprised you're net negative for the RTH.

Did you have any outsize loss or death by a thousand paper cuts?
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Not negative - $100 less than what I had after that pre-market trade. :)

I was up around 2K after that pre-market trade which I legged into by adding. I came into the RTH session a bit late and FOMO-ed a few trades by entering with as much as 5 contracts at once since I was thinking I had a bit of cushion. But 2K is only 8 points on 5 contracts, so I was quickly back to zero.

So, by that last short I posted the exit of here I was back up to $1.9K. But just as I was about to head out I took a final short to end the day up $3.3K. LOL. I trade 5 linked accounts, so that's around 16.5K on the day.

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Let's see what happens when NQ fills the gap from Tuesday. We could be looking at a complete reversal here taking out the current weekly lows, i.e., 5438.

Both longs and shorts seems risky here and I'm not playing anymore at this point. But if I HAD to trade, I'd be shorting. Preferrably on a weak pop.
 
v-shape-0DTE said:
I told you there would be a secondary pump after the fed. 472-473 could be the limit. We are well on are way to filling that 480 gap. Very dangerous to be shorting here. The market will let you know when it's ready to go down again. It will paint a doji. Bull trends are very powerful and it's not going to reverse, just because it was weak the past few weeks. Once the bearishness is lost, it's hard to regain. Those algos go away and are replaced by the ones that buy every dip.

I posted earlier in the week about it being bullish, and yes yesterday happened, but it's still getting to the target. When I post the week to week stuff it's usually pretty good, but hard to nail it every single day.
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lol this aged poorly.

457 cubes. New Lows.
 
Not a fan of a shorting the end of a 144 point move, but there's just no bid here where you'd expect it to be. That's quite a tell.

Will kill it B/E as this is where you'd expect a bounce.
 
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