ES Journal - 2019/2020

waiting for 4.5k for confirmation still not out of the ceiling on higher ticks.

 

ceiling formed.

 

these longs are getting old now. just like everything else a trade ages too. 82 better come real quik here, or i'm out & shorting again.

 

now if bounces from 77.00-75.50 bracket could mean something otherwise ceiling formed on 4.5K good luck. i am done trading. have household chores to attend to. missing out on $1k in profit, pretty sure.

 

I am in a small short here from 78,25, stop at 80.
Target probably 2 points or something like that.

 

if the ceiling is strong then 72.50 is also possible. just watch for the bounce back from 77.00-75.50 bracket. if you were wrong it will take your stop but 79.75-80.00 is best for stop range if and when they shake off the slackers in MHO.

 

A lot of folks don't realize it, but 3000 has to be tested again.----just how it works---

 

My target will move if i see a decent move downwards, for now not so much .
You are probably right that i should have entered earlier, the thing is i like to wait for confirmation but that doesn't work very well in these ranging conditions we have been in for the last 2 hours plus. Anyway, if we go up from here i will probably convert into a buy and hold until session close, however i still see some downside from here.