ES Journal - 2017/2018

Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.

  1. Buy1Sell2

    Buy1Sell2

    No obvious sell signal yet, but we have to clear this 2367 area from Fri to have longer term legs.
     
    #1481     Apr 5, 2017
  2. EsKiller

    EsKiller

    Looks like its going to the moon. time will tell
     
    #1482     Apr 5, 2017
    Buy1Sell2 likes this.
  3. Buy1Sell2

    Buy1Sell2

    Goodness Gracious Sakes Alive---Looks like we got ourselves a convoy!
     
    #1483     Apr 5, 2017
  4. Buy1Sell2

    Buy1Sell2

    Looks like we may be getting too far here too quickly on a day trade basis. I could see sideways and pullback before more movement.
     
    #1484     Apr 5, 2017
  5. EsKiller

    EsKiller

    Still no sellers in sight though. From a 1 min perspective we might have another leg to go. If it fails here, it might be trapping enough people to get a few short trades in.
     
    #1485     Apr 5, 2017
    Buy1Sell2 likes this.
  6. Buy1Sell2

    Buy1Sell2

    Yes--just because overdone, doesn't mean it can't get further overdone. On the daily chart it's not overdone at all.
     
    #1486     Apr 5, 2017
  7. Buy1Sell2

    Buy1Sell2

    Now comes the pullback. I will be looking to buy it once it's mature.
     
    #1487     Apr 5, 2017
  8. EsKiller

    EsKiller

    NQ still on quite the tear
     
    #1488     Apr 5, 2017
    Buy1Sell2 likes this.
  9. Buy1Sell2

    Buy1Sell2

    Since my current long is not on the 1 or 5 min chart, I sit through pullbacks. ---From a day trade perspective though I would be looking to buy on proper pullback of 1 and 5 min chart.
     
    #1489     Apr 5, 2017
  10. Buy1Sell2

    Buy1Sell2

    Classic pullback here. It had to happen. Traders get bored with a run up and stall and so they sell. It can all be seen in in the charts. At this point, this is unlikely to be downside reversal of the current uprend. Pricing is 2362.75 as I write.
     
    #1490     Apr 5, 2017