ES Journal - 2021/2022

L 4399
12 point stop

 

stopped

 

Festering continues as we prepare for the next leg down---- Heading out for 18. Talk soon.

 

15 min diamond formation consolidation buildout in the making…. Setting up for a 50 handle move off the breakout…

 

Long from 10.50… w buy limits at 05 & 00.50
Trading and posting from my phone so a bit difficult

 

Kicked it at 14 .. +4
Too early in the buildout…

 

At 11:10 I was wondering if someone knew something, but the move fizzled out above the Open and have been sold ever since.

I figure the easy money have been made for today going into FOMC, so probably as good time as any for a break.

With current volatility being as it is and probably one of the most anticipated FOMC statements in a while I think today could be wild and probably an account killer. After the dust settles, maybe I'll take my chances. For now, I'm going to keep what I made.

 

Bully cup n handle on the 5 min… diamond on the 15… leaning long… currently flat..
Prefer not to be positioned intraday going into Fed speak....

 

Breaking above 20 could be a good long, but it's not entirely without risk. So, use a condom.

 

FBO so far.

Long on the next pop above 4420. If not - may go back to mid range ~ 4410 going into FOMC.