ES Journal - 2021/2022

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

  1. short 4317
    12 point stop
     
    #4231     Jan 28, 2022
  2. Spooz Top 2

    Spooz Top 2

    DCB?
     
    #4232     Jan 28, 2022
  3. QTrader20

    QTrader20

    I don't see a clear sign of what 'algos' are doing at the present. This USUALLY happens while PA is trading sideways. That said, I'd stay away from trading in such condition.
     
    #4233     Jan 28, 2022
  4. newbie463

    newbie463

    Dead cat bounce?
     
    #4234     Jan 28, 2022
    Jaydom and Spooz Top 2 like this.

  5. That's interesting I can't see it too clearly here either. Other than they setup distribution zones on larger time frames, which is inherently bearish, but at this point pretty obvious to almost anyone they have selling intention on a macro level.

    The only real setup I saw today clearly was clearing that overbought to 13880 and than expecting a bounce. That was a typical algo(or whoever, whatever it is) setup at least from my perspective they use often(effective in both squeezing shorts and than squeezing longs) and was actually pretty precise and clean. Other than that, I've just been leaning on the macro charts and fading rallies.
     
    #4235     Jan 28, 2022
    Builder17 likes this.
  6. AAPL is flirting with getting above it's Daily resistance I have at 166.55 I am currently being careful on fading this rally.
     
    #4236     Jan 28, 2022
  7. Spooz Top 2

    Spooz Top 2

    Bullys trying to cement a temporary 2 bottom floor here @ 69.....
     
    #4237     Jan 28, 2022
  8. ElCubano

    ElCubano

    And doing quite well.
     
    #4238     Jan 28, 2022
    Spooz Top 2 likes this.
  9. QTrader20

    QTrader20

    Too late to say this. 'Buy' algos are in play. This is when I become busy.

    There should be at least one or two mini UP legs for any pullback.
     
    #4239     Jan 28, 2022
    Builder17, ElCubano and c1rcle like this.
  10. Spooz Top 2

    Spooz Top 2

    I anticipate 4410-20 sell zone to be revisited on this move North... Need to get past Globex hi of 56 ....
     
    #4240     Jan 28, 2022