ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. volente_00

    volente_00

    Close at 2806 yesterday is < or < 2800-2810 ?
     
    #7271     Jun 5, 2019
  2. NQurious

    NQurious

    lol so the up move was capped by the close? c'mon dude ... you said up move, not "by the close" ... let's be real ... BTW, minimum target before new lows is 2961.25 ESM, 2967.75 ESU ... smoke 'em if you got 'em!
     
    Last edited: Jun 5, 2019
    #7272     Jun 5, 2019
    jl1575 likes this.
  3. jl1575

    jl1575

    It is over 2816 now. But it doesn’t matter as long as market provides movement, L or S is fine. And recently I started trading options on Emini and found it much easier to handle the movement and less hectic and more profitable. The commission fee is higher though.
     
    #7273     Jun 5, 2019
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  4. NQurious

    NQurious

    First "they" have to establish the neckline, then "they" will build the shoulder out for the next move up

    neckline then shoulder.JPG
     
    #7274     Jun 5, 2019
    jl1575 likes this.
  5. Someone's head and shoulder is someone else's inverse head and shoulder...

    Open gap above at 2857,50. Can see that as a preliminary target for this leg up on the daily.
     
    #7275     Jun 5, 2019
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  6. NQurious

    NQurious

     
    #7276     Jun 5, 2019
  7. volente_00

    volente_00

    Shorted 2827.25 and 2827.5
    Stop 2858


    Objective 1 is 2779
     
    #7277     Jun 5, 2019
  8. volente_00

    volente_00




    Stops blown at neckline
    And still building shoulder


    You may want to check the current channel before you get too bullish

    Ihs happen at bottoms

    Not at Tops
     
    #7278     Jun 5, 2019
  9. NQurious

    NQurious

    IHS is just a basing pattern and happens anywhere it might want to "happen" and where do you think we're at? In case you missed it, Monday was the bottom lol

    FWIW, I'm really not a fan of such "patterns" but hey ... when in Rome ¯\_(ツ)_/¯
     
    #7279     Jun 5, 2019
  10. NQurious

    NQurious

    When you said massive move you weren't kidding, B1! ES is up almost 40 points since your post. Great call! :strong:
     
    #7280     Jun 5, 2019
    Buy1Sell2 likes this.
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