ES Journal - 2019/2020

Factoid: S&P 500 PE Ratio is the highest ever in 19 years. Since we have no earnings coming up, it's likely to go higher.

 

What is HWB?

 

Trading the 1 min is like doing drugs. Feels good a few times, but before you know it you’re broke and sick. And sick in trading via emotional breakdown. I gotta stick with higher tfs on these big moves

 

Half way back ie 50% retracement

 

I like to use 1600 ticks for ES. It seems like it smooths things out a bit.

 

as long as I keep it at 5 min or above on trending days and 15 and above on chop days, I’m ok. Anything less is just too crazy for me

yesterday I stayed out of trouble bc I didn’t look at anything under a 15 min

 

OK thanks. Amazing that syswizard mentioned that before it happened and it was LOD.

 

It’s an important level and the algo’s react to important levels....also smart traders

 

Don't worry, it'll likely get broken tomorrow anyway.

 

Seems like volatility picked up again.

Last week's low is also 2788,50.

Important area.