ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
I've no edge here. Statistically, odds favor a move lower, though.
From a charting perspective, it looks like 50/50. A big move higher or lower would be a surprise today.
I think @Spooz Top 2 nailed it for today.
From a charting perspective, it looks like 50/50. A big move higher or lower would be a surprise today.
I think @Spooz Top 2 nailed it for today.
Grrr...should have trusted my model. I would guess this doesn't drop much lower, though.
4145 looks like a thick level. If no bid there, then 4135.
Probably only going to watch.
4145 looks like a thick level. If no bid there, then 4135.
Probably only going to watch.
Another FBO at the LOD. NQ higher low.
Very uneventful day so far. Trapping both longs and shorts.
Very uneventful day so far. Trapping both longs and shorts.
A bit more complex than that. I had high probabilities of a new low and that happened. I'm not always able to stay mechanical/objective, though.
What's your call for the day/week?
I am neutral to bearish into the debt talks as reflected by the contango on the switch (back vols are trading over front vols across tenors into June). Trading a position into the start of the earning's season seems kind of amateurish until we see how they come in (generally negative I'd think).
Basically I'm trading SMAs and double tops bc nobody sees them, not in the mkt, a real edge.
I am neutral to bearish into the debt talks as reflected by the contango on the switch (back vols are trading over front vols across tenors into June). Trading a position into the start of the earning's season seems kind of amateurish until we see how they come in (generally negative I'd think).
Basically I'm trading SMAs and double tops bc nobody sees them, not in the mkt, a real edge.
Sounds good.
You're not a directional day trader, so I don't imagine double tops or SMAs would do you any good anyway. Neither play a role in my repertoire, so if you want to offend me you need to come up with something else.
We probably have the LOD in for today, but the chance of taking out the current HOD is slim. Will see if I can luck out and get 15 points on this, though. But that's pushing it. Might have to scratch it soon for 5 or 6 points if it reverses here. Looks good as of now.
Sounds good.
You're not a directional day trader, so I don't imagine double tops or SMAs would do you any good anyway. Neither play a role in my repertoire, so if you want to offend me you need to come up with something else.
We probably have the LOD in for today, but the chance of taking out the current HOD is slim. Will see if I can luck out and get 15 points on this, though. But that's pushing it. Might have to scratch it soon for 5 or 6 points if it reverses here. Looks good as of now.
View attachment 312110
Litho/chip fab is ignoring ASML move lower.