Before I roll my charts... The updated Ugly ES Daily with no adjustments from prior Increasing down volume remains dominant. It's important to understand where you are in the context of your system(s)/method(s), to understand what the (immediate) possibilities are. For another view, The Ugly ES WEEKLY. Good trading to all!
I genuinely believe if you take a step back and think about this, you will find that you are extrapolating way too much information from nothing. All he is saying is there is a natural bullish bias built it. No one here is saying you can't trade both ways, including buy1sell2, in fact he has been shorting way more than going long lately. Also, no one is saying there aren't times that the market has a clear probability favoring the short side. Many of us on this thread have been bearish leaning for months. Even prior to start of 2022 some charts (RTY) we're setting up for decent probably of a larger move down. A lot of people here in this thread also identified the first turn around. So we all are clearly playing both sides of the market here. The only difference is you seem to disagree with the natural bullish bias, not sure how you come to that conclusion, but even if you disagree on that it has nothing to do with your other points (since most of us here are clearly trading both sides of the market and understand that day trading is generally transferring smaller players account balances into larger players account balances).
Evidently, you quoted my post to reply to what I wrote. But after reading your rambling soliloquy, I don’t know why you did. What I stated is just basic facts about the ES. It’s not in line with your beliefs, I get that. Your beliefs are your beliefs and you get the consequences of having them. It’s good that you think merrily along with the others. Only thing I will point out is that you would be better off to drop the small dick complex. Having a big account is not as important as you think. A small account can compete with the large ones and it doesn’t stay small in the right hands.
Just got off the phone with DEMDATBOYZ. They taking the evening off. Quick pop at the open followed by long, ferocious drop. Your welcome LOL
I don't understand the point just to make things up. It's not really enjoyable for me, hopefully it improves your life somehow, so at least one of us gets a benefit out of it. I stated it's a market that trades both ways: Fact The ES since conception has trended up: Fact You're speaking of exceptions, generally speaking smaller accounts get swallowed by larger players: Fact Was bearish bias early January: Fact Lighten up on bearish bias late January and was taking both longs and shorts: Fact Returned to Bearish bias after ES got rejected twice off of Daily resistance: Fact Whether or not I believe equity markets have a natural bullish bias, doesn't change any of those facts, nor does it change how I trade. If you want to make up some bullshit in your own head of how you "think" it does, that's out of my control. Have a great weekend man and trade well.
DEMDATBOYZ got me down 4 handles so far tonight. Quick pop is subjective apparently DEMDATBOYZ say the quick pop is almost over. Put your seat belts on. Its gonna be like the superman ride at 6 flags. LOL
Nearly 30 handle PPT Buy bar May have saved the day for the bullies … as per usual little Lipstick and eyeshadow for the pig… temporary at best…