ES Journal - 2023/2024

[Buy1Sell2]

Looks like we finally have a long set up for tomorrow. I didn't filter trades too well today. Same plan tomorrow---buy on momentum with small stop.

 

[Buy1Sell2]

Better yet... Focus on razor sharp entries... or scale into the entry zone... that`s the most important variable of the trade, imho!
Everything else falls into place once you achieve sharp entry!

I think as well that the smaller stops can aid in a trader's overall psyche--as long as a mature profit is taken when right.

 

[Buy1Sell2]

Long 3996.25 Initial stop 3985.75

Loss of 10.75 pts. Stop was way too large.

 

[themickey]

Looks like we finally have a long set up for tomorrow.

From my perspective, the mkts are treading a very fine line, I was bullish but after today now swinging bearish, I hope I'm wrong.

 

[Buy1Sell2]

I got long near closing at 3915.00. I think we are in for a bit of a runup as the daily bear flag has failed. This is a swing trade. Today's action showed no conviction to the downside.--- I'll rethink it perhaps at 3805 area

I've given back a lot of profit on this one. We'll see if the uptrend can resume here.

 

[Buy1Sell2]

From my perspective, the mkts are treading a very fine line, I was bullish but after today now swinging bearish, I hope I'm wrong.

It looked to me like that was a bit of capitulation between 2 and 3.

 

[mervyn]

I've given back a lot of profit on this one. We'll see if the uptrend can resume here.

taking profits is almost mandatory in es market, money comes and goes so fast.

 

[Buy1Sell2]

From my perspective, the mkts are treading a very fine line, I was bullish but after today now swinging bearish, I hope I'm wrong.

I don't necessarily believe that the bull flag has completely failed yet, but again they really are to be traded once there is a breakout above.

 

[MarkBrown]

From my perspective, the mkts are treading a very fine line, I was bullish but after today now swinging bearish, I hope I'm wrong.

i think the sp will go down now for about 14-19 days - because today was the first day and counting it fell below 2.5% beneath the monthly average. i keep track of this for many years.

 

[vanzandt]

Why did the nasdaq just shoot up like a beast?
Who has a bloomberg?
Tell me Putin's dead..