ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
range bound and choppy, frustrating a lot of traders I’m sure! They gotta take it out on somebody lol.
I trade very fast time frames and it’s still been a volatile choppy year so far for me, but I’m doing fine.
I’m still bearish long term. The weekly just looks like a massive bear flag to me. We’ll see how it goes though…
anyway, look to the left on the daily chart and you’ll see why we’ve been chopping around this area the last several days. It was very obvious this would be the case for awhile in this zone.
Spikey!
Keeps failing at yesterday's close. Looks like it's getting bought once again, though.
Keeps failing at yesterday's close. Looks like it's getting bought once again, though.
Yup… good read… If we do build out cup n handle formation … this is standard range bound consolidation off the handle … sideways to slightly down…. Guess that wasn’t good enough for Noah from Israel!
For anyone that likes to trade ranges & can read PA, this is literally a license to print presidents!
Where the whales at, @Master Pu? Is there enough strength to push this to 4200 today?
Well, I prefer trends over ranges any day of the week, unless it's a huge range of course...
I hate this back and forth.
What do you see for the close today, buddy? Is there enough juice to push this higher? I fear not today, but I remain hopeful.
I wouldn’t know mate, all one can do is hope.
shorts haven't been squeezed yet, but so long as we continue to make higher lows, likelihood of that happening is increased. I am hopeful too. just really difficult to rationalize the short trade right now, considering how crowded and painful it has been for the shorts lately.
it's forming a tight base here on the 15m right now, which ever direction it breaks will be important imo.
it's forming a tight base here on the 15m right now, which ever direction it breaks will be important imo.
Yeah. I feel fairly confident we don't sell off today. At best a new LOD and then we snap back up. I don't think it's the day to be short.
Just not sure we're going to see any juice higher either. Could very well close in this area.
Just not sure we're going to see any juice higher either. Could very well close in this area.