ES Journal - 2023/2024

[mervyn]

Not exactly where I wanted to be, and on what month, but WTH. AMP not giving Dec historical data, so this is a seat-of-the-pants thing...

But I see where it is going, which is why I logged out.

:-(

zero volume, that's why

https://www.cmegroup.com/markets/equities/dow-jones/micro-e-mini-dow.html#venue=globex

 

[schizo]

Never seen ES dropping 30 points during Asian session (let alone in a BULL MARKET)!

 

[theapprentice]

short 5258
12 point stop

 

[Darc]

I watched a Ross Cameron vid just now (don't judge me), he said "if your trading the S&P500, Emini or a big stock like Apple, you're gonna lose, due to all the Algos, they've got every advantage Retail doesn't.

He actually showed a Bookmap showing the massive amount of Spoofing in the SPX.


Prove him wrong Guys!

 

[maxinger]

short 5258
12 point stop

Day / night trading
As of now, all US index futures, and all European index futures (and gold) are on the uptrend.

 

[maxinger]

I watched a Ross Cameron vid just now (don't judge me), he said "if your trading the S&P500, Emini or a big stock like Apple, you're gonna lose, due to all the Algos, they've got every advantage Retail doesn't.

He actually showed a Bookmap showing the massive amount of Spoofing in the SPX.


Prove him wrong Guys!

Another way to look at it is the more data/things we see, the more we will
suffer from data analysis paralysis.

Anyway, algos affect mainly those HFT traders/ heavy scalpers.

 

[theapprentice]

View attachment 341153

Day / night trading
As of now, all US index futures, and all European index futures (and gold) are on the uptrend.

maybe. 'trend' depends on what timeframe you are looking at and what you use to measure the trend

 

[maxinger]

maybe. 'trend' depends on what timeframe you are looking at and what you use to measure the trend

Right.
That is why I mentioned it was for day traders

 

[Laissez Faire]

I would imagine this dip to be a fantastic buy. But I have not been reading the market well this week at all, so pay no attention.

Currently long from 60 with a 5 point stop. Targeting a recover back inside last week's range, so I want 40-50 points.

 

[Laissez Faire]

Trail to B/E. Let's see if there's enough strength to sustain an end of month rally or the correction continues...