ES Journal - 2017/2018

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

  1. speedo

    speedo

    The daily has now corrected into a buy zone.
     
    #511     Jan 30, 2017
  2. pinabetal

    pinabetal

    Whatever kind of signals you are looking at they aren't intraday. You will just keep suffering losing trades using those signals. I suggest watching what the market is actually doing. It is weak. And screaming that to us. Bears are winning clearly. I wouldn't be going long until I saw some strong buying pressure followed by a weak retest of the extreme low with that then followed by a good reversal signal.
     
    #512     Jan 30, 2017
  3. speedo

    speedo

    I haven't had an intraday buy signal since Thursday morning but we all have our own trade plans.
     
    #513     Jan 30, 2017
  4. Buy1Sell2

    Buy1Sell2

    Remaining long here. My view is that there is a better than 50 percent chance that we'll see upside the rest of the day.
     
    #514     Jan 30, 2017
  5. pinabetal

    pinabetal

    Why? What reasoning for this? Market continues weak and has shown no strenght. I would let the market shows some strenght before i would even consider an upside for the rest of the day. It would interesting to know "why" your view is upside for the rest of the day. It may well turn out that way but at the moment nothing at all indicates that posture..at least to me. All i see is weakness.
     
    #515     Jan 30, 2017
  6. pinabetal

    pinabetal

    Intraday PA. What does it say? Gotta run bye. ES 1-30-2017.jpg
     
    #516     Jan 30, 2017
  7. Buy1Sell2

    Buy1Sell2

    The key here will be printing 2269.50. If we do that we'll likely have legs.
     
    #517     Jan 30, 2017
  8. Buy1Sell2

    Buy1Sell2

    And while I typed, we printed it. Odds of upside have now increased.
     
    #518     Jan 30, 2017
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  9. pinabetal

    pinabetal

    One more chart. Gotta go. bye

    slide3.JPG
     
    #519     Jan 30, 2017
  10. JSSPMK

    JSSPMK

    Higher intraday low on Naz.
     
    #520     Jan 30, 2017
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