ES Journal - 2021/2022

Nice breakout . Those shorts to pluto caused this . I appreciate the donation .

 

Using 5-minute bars and not precise timings:

09:40 today.

09:50 Friday.

An FBO, failure to breakout, of the opening range low. Pay attention to those. They can help you put some money into your pocket.

 

Good tip so far.

 

Careful with longs - $VIX didn't really go much lower than overnight range.

 

Staying long, according to 240 min chart there are no reasons to pull the trigger, yet.

EDIT: we did tag the 50% fibs (Aug Hi to Sep Low), but there is no weakening price action.

 

I noted this too. But given my position was established under 4000, strong conditions, and I'm playing an intermediate-term long play, I'm holding. I know we can pullback with September seasonality.

 

This is The Big One when it comes to monthly charts. Right now though the weekly is in an uptrend (bounce).

 

Ok, I understand now.

 

My comment was strictly towards today's PA.

And now $VIX made a new intraday high - again applies only to current day. Maybe even just this morning the way things change on a dime, and again on another dime.

 

I understand. Funny how we're looking at some of the same things -- I like how you think!