ES Journal - 2023/2024

V rally, baby!!
nice call. @Laissez Faire

Exceeded my expectations to be honest.

I think I said earlier this week that my statistical data may not be relevant for this euphoric market.

NQ just hit yesterday's mid range with ES ripping almost back to the highs.

If NQ joins the rally and wants to play catch up, this can actually end with ATHs today.

Who would have imagined by yesterday's close? Even @v-shape-0DTE seemed to think we would correct more.
 
Exceeded my expectations to be honest.

I think I said earlier this week that my statistical data may not be relevant for this euphoric market.

NQ just hit yesterday's mid range with ES ripping almost back to the highs.

If NQ joins the rally and wants to play catch up, this can actually end with ATHs today.

Who would have imagined by yesterday's close? Even @v-shape-0DTE seemed to think we would correct more.
i haven't touched it today, but this mega rally means that i'm back green from yesterdays awful entries too!
Closing some here, but will add back on if we dip
 
ATTENTION: BAG HOLDERS WANTED.

upload_2024-7-12_16-58-17.jpeg


Sell THE RALLIES
 
beautiful move. I'm going flat everything here for now. Clean slate. Ideal play would be a little drop soon that I can start buying again, but it's friday so likely won't touch it unless is gives me a dip i can't resist (very unlikely!)
 
The PA doesn't lie. This is why you have to get in the mindframe of trading what you see / have developed from statistical analysis, and not what you think.

Only a fool would fight this market.

Hedging with some VIX protection is always smart when it's at these levels - but I think most here are flat EOD anyway.
 
Nobody 'kills' anyone. Any trader who takes a (big) loss does that to himself. But that may be just semantics.

Regardless, bulls are fat on profit after this monster run, so they still have the upper hand, IMO. :)

you know there is buying and selling? who is trading with both the bulls and the bears alike, mm.
 
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