ES Journal - 2023/2024

[mervyn]

i do see the double top on the daily but i guess im trading the double bottom of the 60 min for 40 or 50 points potentially.

last friday was not a good doji, scary to go long

 

[mervyn]

If it's negative, look out above. (I know it won't be, but still.)

don't look up

 

[semperfrosty]

last friday was not a good doji, scary to go long

which one?

doji is an undecided candle? or a reversal?

 

[mervyn]

which one?

doji is an undecided candle? or a reversal?

gravestone daily

 

[Laissez Faire]

why long? cpi is coming wednesday, any surprises either way are not going to be much on the upside.

7 pts 41-34 vah to poc.

Wednesday is an eternity for a short term trader.

Regardless, we can easily see 4500 this week.

 

[Laissez Faire]

last friday was not a good doji, scary to go long

Friday closed where it opened, i.e., at the bottom of the range. The last 6 times that condition was satisfied a smaller correction did indeed follow.

There are exceptions, though:

 

[mervyn]

7 companies combined market cap is greater than germany gdp, that’s sweet.

 

[Laissez Faire]

If you can't beat them, join them...

Maybe it doesn't make sense. Maybe it does. As long as prices are rising I don't mind buying.

 

[mervyn]

Summer is about to start, sell before traders go on vacations, no one wants to at the desk for 20 points chop.

 

[rb7]

Summer is about to start, sell before traders go on vacations, no one wants to at the desk for 20 points chop.

You probably wasn't there in August 2010...