ES Journal - 2017/2018

Stepping aside here at 2719.75 for 2.25 pt gain

 

I don't see everything falling into place the way I like it to. I'll look for another trade.

 

Out too early? --Maybe--

 

If we end here (2727) or higher, this will be an excellent day to get long in my view.

 

I am seldom home any more during the day and automation just keeps running, so in evening I check to see what happen. And I do use TA like RSI, MACD, SMAs as exactly I use on very long term commodities, so some "batman" formation on some indicator went off on 15 minute on highs yesterday and I thought that move went up too fast till I saw the chart on down move that dropped way too fast which draws few signals, two losses and caught move going up then got stopped out few times middle of night then TL(trendline) bounce when slope was up. Patterns are showing nearly extreme, meaning slope of price too steep, like all time highs, so guessing be going short soon.

That was a lot of work typing that out.
Starbucks time, LOL

 

Market remains in uptrend here. It looks to me like bull flag on 15 minute chart and we'll move sideways/higher today.

 

Dropping to the 1 minute chart to find entry in this slow market today.

 

I agree, on the daily too, a flag for sure. I was expecting a big rally today but there is a huge gap to be filled at least partially first.

 

Certainly a flag on daily. Big one.

 

Long 2718.50 Initial stop 2698.00