Volente's Bar and Grill

Quote from Laissez Faire:

Hey Volente,

See what I wrote in the ES journal.

I burned myself badly too many times trying to short a day like this.

Drifting slowly up into the gap which is just above your stop is my bet. :(

Why not enter a short after the gap is filled?

Of course, I may be completely wrong and 63 is a potential reversal zone, it just looks like one of these slow days that keeps drifting upwards.

Sincerely,

LF


64 is a multi day resistance



also r30 is 63.75 :)



I agree though low volume holiday grind bs



Still think we can mean revert to 48-51 es intraday though but I can be wrong
 
Quote from volente_00:

64 is a multi day resistance

also r30 is 63.75 :)

I agree though low volume holiday grind bs

Yeah, I have gotten burned so bad earlier on such days, so I`m satisfied with my discipline and staying on the sidelines for now.

Maybe I am learning from my mistakes.

Would not feel confident in entering a long either.

PS: NQ has resistance at 2352. ;)

Good luck. :)
 
Quote from PushPull:

Short ES @ 53,50.

Great long entry, so far. Only one point of heat. :)

Still in it or did you cut your losses? :p

If you now can relate to what I mean by cryptic calls...
 
Quote from Laissez Faire:

Great long entry, so far. Only one point of heat. :)

Still in it or did you cut your losses? :p

If you now can relate to what I mean by cryptic calls...
Have been in and out 5 times today my padawan. Still short. Yes, there were some small losses and breakevens involved. What are you thinking, that I'm God or something?. If God exists, I'm nothing like Him. I'm just a mortal like you.

Maybe you can tell me the spots I should have shorted using a 1 minute chart. After all you are better price action trader than me.:)
 
Ahh. Lunch is served

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