ES Journal - 2021/2022

Good point. The super rich aren't spending anyway.

 

It is more speculation around what will happen in the future and the macro behind it rather than denying what happened today. I had the best trade day in months but still ended up closing my NQ shorts too early. I was sitting on my hands waiting for today.

 

It looked like a pump and dump to me too. Even today just before the open it pumped like crazy to give everyone a better shorting entry while the herd bought into it.

 

Monthly price action is negative and has been since January.

 

WHAT?!? What about July!?? Hell, I think even August will be a positive month if my mental remembrances of chart patterns are correct.

 

We're talking about monthly price action not day to day or minute to minute.

 

Monthly PA at least for July has to be positive. How can it not?!? Do you have a chart that can show negative PA in July?

 

July was an inside bar and fit well into the negative monthly price action.

 

B1, throw me a bone here. I use Unirenkos which are range based. Can you show how monthly PA looks over the past 6 months on the time-based charts you use and why July looks like a negative PA month?

 

Weekly price action, on the other hand, was positive in July.