S/R Emini Journal

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Quote from romik:

IMO, unless 1304 is reached (at the Bid), it will remain a down day.

It has already been a down day for me just because I haven't gotten a trade in all day.

I guess I should have made a date with the market today. They have gotten so used to me not being here that they didn't know I was going to be around and they owe me money.
 
Quote from romik:

IMO, unless 1304 is reached (at the Bid), it will remain a down day.

Your opinion is well respected in my book and given the lack of directional resolve thus far, you're probably right on.

Rick
 
Quote from riaamaan:

Your opinion is well respected in my book and given the lack of directional resolve thus far, you're probably right on.

Rick

I think the most important thing, still, about this J is that directional bias is of no relevance using S/R breakouts, it's very awesome that Gary started this thread, for me anyway, as I have not been using TA for a while, as during my research years I did not find any reliable intraday system, based on tech indicators, tried recently intraday divergences, same conclusion, NOT as reliable as trading breakouts, of course the ability to see the right ones is of an essence. And thanks BTW, I should mention that I am a novice full-time trader if anybody thinks that I am a veteran, NOT! I have spent around 5 years researching trading and mainly S&P. All the best.
 
Quote from romik:

I think the main important thing, still, about this J is that directional bias is of no relevance using S/R breakouts, it's very awesome that Gary started this thread, for me anyway, as I have not been using TA for a while, as during my research years I did not find any reliable intraday system, based on tech indicators, tried recently intraday divergences, same conclusion, NOT as reliable as trading breakouts, of course the ability to see the right ones is of an essence. And thanks BTW, I should mention that I am a novice full-time trader if anybody thinks that I am a veteran, NOT! I have spent around 5 years researching trading and mainly S&P. All the best.

I appreciate that Romik, Thank you. And if you are not a veteran trader then you are a fast learner and you have probably found what you need to be doing in life.
 
Quote from brightstone:

where will the market take us? Consolidation is painful
only one trade today

Did you win that trade? If so you ought to be napping or something productive. This is brutal...
 
All i have to say about today is WOW, this is absolutely brutal for my first day practicing trding the ES and its absolutely brutal.... First time using Market delta too which makes it doubly worse! Will the pain ever end.
 
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