ES Journal - 2021/2022

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

  1. c1rcle

    c1rcle


    Thanks for sharing. This does look interesting. I had a quick look at the data using the below.

    https://squeezemetrics.com/monitor/dix

    Just at a glance, it looks like this might be better used to predict a drop rather than a sudden rise. What do you think? I am also not convinced that this data explains the sudden spike yesterday after the bad news. Although if enough people believe something then that in itself can make it happen.

    My purely speculative view is that the market is being pumped to allow big players to get out of the market at a higher price before a much bigger long term drop.
     
    #3471     Dec 16, 2021
    NumberZ likes this.
  2. NumberZ

    NumberZ

    I'm sorry I'm not the one to ask. Still new to much of this. Very to to the DIX references in particular.


    I think that is sorta the point? What looks like should be bearish is really hidden bull pressure? I'm not pretending I know. Worth some effort I think. Won't change the way I look ta the world for now, you know?
     
    #3472     Dec 16, 2021
  3. mervyn

    mervyn

    short thesis today, it seems the market is overextended
     
    #3473     Dec 16, 2021
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  4. mervyn

    mervyn

    daily target met, 55 points
     
    #3474     Dec 16, 2021
    c1rcle and Jaydom like this.
  5. 4700 should be a good entry with a tight stop - at least for a scalp.

    We'll either roll over here or bottom out in this zone (4700).
     
    #3475     Dec 16, 2021
  6. Higher time frames are heavy both on ES/NQ, but I would be slightly surprised if we roll over today. But who knows. Yesterday's was an odd day, anyhow.
     
    #3476     Dec 16, 2021
  7. Scalpers market. So far correct on ES bottoming out in this zone, but NQ is still looking heavy here. Not a good sign.

    I'll be more confident in buying above 4710.
     
    #3477     Dec 16, 2021
  8. Should see a test of 4720 now, IMO. If that doesn't reverse this - 4730?
     
    #3478     Dec 16, 2021
  9. mervyn

    mervyn

    another 50 points es and 53 points on nq, i am really done for the day. just need to watch color changes on the 4000 tick chart, it seems too easy today to scalp.
     
    #3479     Dec 16, 2021
    Builder17 likes this.
  10. Keep the peddle on!
     
    #3480     Dec 16, 2021