ES Journal - 2023/2024

[Laissez Faire]

Nice trade, particularly because it seemed you had a bullish bias for the day, congrats.

All-in, all out?

Thanks. All-in, all-out, yes.

I did the opposite of what I did Friday. Switched gears when scenario A failed.

Speaking of which - the market's in a bit of a tricky spot here as we could find a bid here. So, can't marry the short side completely just yet. My hunch is we're just consolidating a bit before the next push, though.

But, that's only speculating.

 

[schizo]

We ain't done just yet. One last fall left.

 

[schizo]

There ya go, you can now say buh-bye to 5150.

 

[Laissez Faire]

Gorgeous. I love it.

 

[schizo]

Just to make you permabulls happy, I (kinda) anticipate one of them V-reversals towards the end of the day.

 

[schizo]

Long 5138

Gonna hitch a ride back up. Would this be enough to earn your permabull forgiveness?

SL 5128

 

[Picaso]

Just to make you permabulls happy, I (kinda) anticipate one of them V-reversals towards the end of the day.

Long 5138

Gonna hitch a ride back up. Would this be enough to earn your permabull forgiveness?

SL 5128

IMHO, no yet

Edit: but what do I know, good luck

 

[Laissez Faire]

I'm very happy with the day. Managed to take another short (59 to 38).

Reason I'm happy is I traded incredibly much better than Friday where I felt like a complete newbie by the end of the session.

Should be interesting to see how low this can go. That gap at 28.25 would be my guess for a bottom. Or even here.

But if someone wants to sell this, there's plenty downside to go.

 

[doubledoubledoublecup]

look for more selling. 49 34 for targets.

rev 35

 

[Laissez Faire]

IMHO, no yet

Fully agreed. And I would rather get "stopped" into a long trade here using a market order instead of trying to pick a bottom.

We're selling here.