ES Journal - 2021/2022

Well, good try. But better luck next time.

 

Wave 3 won't be denied.

Likely tomorrow too.

 

Not the typical closing hour, done for today.

 

Exactly what do you disagree on with regards to trading CPI and FOMC news releases?

 

Basically that the clues as to the market's direction were there. That taking a position before the release wasn't foolish if you just read the market momentum.

 

Okay.

 

Maybe it's just me, but I think the reward/risk for a short was fairly apparent:

 

It worked of course but DeMark prefers TDSeq bar#13 close to be higher than TDSeq bar#8 close

 

Honestly, the seq indicator was a "nice to have" but I had weak momentum all over the place.

 

Me too.

And as I mentioned yesterday a couple of times - wave 3 down but now momo accelerating.

edit : uploaded wrong pic at first.