ES Journal - 2019/2020

Ah-ha, Bond..

 

I have watched bull runs sell off this time of day for last 8 trading days.

This time is different? We'll see..

 

For pattern traders, we have a short-term ascending triangle. Doesn't that indicate buy?

 

B1 and his disciples

 

Something just doesn't quite add up ... I think wed need more attention to updating positions for purposes of accountability and not to mention the all important integrity of the journal, don't you think B1? Were there covers along the way you forgot to to mention? In some posts you say you are "all in, all out" and yet I have not been able to find any mention of any of these shorts having been covered. I know I might simply have overlooked them. Unless these were stopped out? But from reading your posts it seems as though you post a small stop during the day and then a monster one after that.

 

numbers one and three were day trades already closed out. Current position is the 2819

 

Thank you

 

007 is on the trail !

 

thanks, also see the intraday inverted H&S..

 

Indicates balance or equilibrium between buyers and sellers, imo. And when price first moves to breakout from the congestion, it is as likely to go one way as the other, and might get everybody flatfooted by breaking one way then reversing and heading the other. Sometimes it just sort of meanders out the pinnacle and becomes a trading trading range.

Is this what you are referring to ... used five minute bars:



Just poked below the lower boundry and reversed, so I'd be watching a long out the upper end if this gets above