ES Journal - 2023/2024

[Buy1Sell2]

Long 4014.75. Initial stop 3927.00

 

[tiddlywinks]

Long 4014.75. Initial stop 3927.00

You've stated you are Long @3915.

Is this new long a scale-up add which affects your overall cost basis, or is it a stand-alone LIFO trade?

 

[Buy1Sell2]

You've stated you are Long @3915.

Is this new long a scale-up add which affects your overall cost basis, or is it a stand-alone LIFO trade?

Stand alone swing trade. Have to set stop far away as we are still in the pullback portion. I'll bring stop up quickly.

 

[mervyn]

bad trades, out -30pts.

add another 20 points in red, not my day

 

[Buy1Sell2]

4000 area looks to be the line in the sand here before the continuation up. Staying long.

 

[themickey]

4000 area looks to be the line in the sand here before the continuation up. Staying long.

My call, going down not up.

 

[Buy1Sell2]

My call, going down not up.

Initially, yes

 

[themickey]

Initially, yes

Yeah, right atm, mkt is in trouble imo, I can't see daylight atm.
Metals are in trouble too.

 

[Buy1Sell2]

Yeah, right atm, mkt is in trouble imo, I can't see daylight atm.
Metals are in trouble too.

I think there is a real possibility of breaking out of the cup and handle on the 5 min cash chart and continuing up in the direction of the trend.

 

[themickey]

I think there is a real possibility of breaking out of the cup and handle on the 5 min cash chart and continuing up in the direction of the trend.

My algo says we have 2-3 weeks to go before that.
It's just a rough estimate, this is my newest algo and I lack the experience how to drive it, it will take time for me to get grounded in it.
3900 still my target, err, just a bit higher now.