Well I was short the YM and took a beating so no! not me, lolSeriously, did you guys even anticipate that spike (or squeeze, or whatever) in the last 30 minutes? That was a 50-point pop! I thought Jerome Powell came out with his sugar daddy posture or something.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
I kinda knew we would get a pop today based on this PA, but that last 30 minute melt-up was completely a shocker (well, kinda).
I also checked the last trading day of each month going back to January of this year, and we've never had any move like today. So I can only say, WTF??
L 5300
10 point stop
10 point stop
It seems like when the European and the US index futures are on the downtrend,
you will long ES and vice versa.
They will go up but not over the next few minutes.
You must be very good at counter-trend trading.
This is like catching the falling knife. The 2 skills required is good risk management and levels.
got 'em both ways today
Slightly surprised we didn't back fill more of Friday's move on this leg down. I can see 5250 if this breaks today. If not, probably basing for a move back to mid-range around 94. Most likely a boring consolidation day, no?
NFP week in June tends to rally into NFP, but can't rule out a dip early in the week.
I'm long here (83) small size with a 5 point stop. May add, but doesn't seem like the day for it. Ready to switch short if I'm stopped.
NFP week in June tends to rally into NFP, but can't rule out a dip early in the week.
I'm long here (83) small size with a 5 point stop. May add, but doesn't seem like the day for it. Ready to switch short if I'm stopped.
Took a 4 point loss and switched short at 77.
B/E on the short.
Take it off around 60, although I think it can hit 50.
Take it off around 60, although I think it can hit 50.