ES Journal - 2019/2020

yes, it's crazy people ignoring levels from the daily chart
I try to think about what trades on the daily chart one would have taken or what would have been possible to take and what would be the risk/reward for those trades

like Y, bears probably S the C of that large OB, so what would be a target for them

this was my comment of Y daily chart:

Always In Long (AIL) since 03/29 – now over a month
bulls defended the last prominent HL(04/25) – a close below would have switched to AIS
bear shorted the COY and took profits at 2xMM of their actual risk (the number of points measured, that a trade went negative)"



https://www.priceactionindicators.com/2019/05/02/e-mini-es-2019-05-02/

 

https://www.priceactionindicators.com/2018/08/02/abbreviations-used-in-my-posts/

 

@tdeu are you trying to sell indicators here in the ES thread?

 

Hats off to the bulls

If stopped I'll be back Sunday evening to play again for the gap fill next week

 

very informative will go over it later. thanks

 

In general in 20 years of trading and Up NFP Friday = reversal next week

 

i think they just were looking for your stop.

 

49.5 might have given a glimmer of hope.

 

Bear market topping action continues here. I'll see you soon at 2890. Intraday sell-off just started.

 

but its not moving down as rapidly as i anticipated, are bulls still in the fight??