ES Journal - 2021/2022

Discussion in 'Journals' started by Buy1Sell2, Dec 15, 2020.

  1. schizo

    schizo

    Man, today's PA seems completely scripted in advance. Ya can't make this stuff up.

    upload_2022-12-16_12-31-40.png
     
    #11041     Dec 16, 2022
    formikatrading likes this.
  2. So maybe it's possible to forecast the market after all. ;)

    Seriously, though. All good between us. We look at the market through a different lens. And keep in mind, my time frame is very different than yours as well.

     
    #11042     Dec 16, 2022
    schizo likes this.
  3. Nice bounce here.

    upload_2022-12-16_15-39-50.png
     
    #11043     Dec 16, 2022
  4. Cessna06P

    Cessna06P

    That's a wrap for today, up a little with much entertainment. Bien fin de semana caballeros.
     
    #11044     Dec 16, 2022
  5. SunTrader

    SunTrader

    And after being 15 points higher back it came to 3880 area.
     
    #11045     Dec 16, 2022
  6. schizo

    schizo

    Yeah, I guess I raised too much stink today over nothing. It's all cool. Trade on. :)
     
    #11046     Dec 16, 2022
  7. SunTrader

    SunTrader

    RTH close 3878.
     
    #11047     Dec 16, 2022
  8. tiddlywinks

    tiddlywinks

    Sesame Street chart final...

    The gap has filled.
    The lateral zone has ended.

    'til next time...
    3926 and 3988 upside targets.
    3810 and 3722 downside targets.

    Ho-Ho-Ho!!
    Happy Holidays!!

    sesamedone.png
     
    #11048     Dec 16, 2022
    Builder17 likes this.
  9. Cessna06P

    Cessna06P

    Mr. Tiddlywinks,

    I have seen you post this kind of chart a couple of times. At first it was hard to understand but upon study I start to understand it. What is it called? What is it's advantage over the standard candle chart?

    Gracias 06P
     
    #11049     Dec 16, 2022
  10. tiddlywinks

    tiddlywinks

    It is not about a type of chart or type of price bar. Use of volume is the "advantage", but that, like a lot of other things in trading, is a decision. Some people choose not to use volume, others do. I like to think it is an advantage, but in real life, it's just a "difference". Still, it amazes me how many people choose to not use volume in any way... the market provides 5 key data points... OHLC and V!!

    The primary volume analysis on the recently posted charts is Volume by Price. It is similar to Market Profile, but more user-friendly IMO.

    Hope that helps.
     
    #11050     Dec 16, 2022