ES Journal - 2023/2024

Looks like we finally have a long set up for tomorrow. I didn't filter trades too well today. Same plan tomorrow---buy on momentum with small stop.

 

I think as well that the smaller stops can aid in a trader's overall psyche--as long as a mature profit is taken when right.

 

Loss of 10.75 pts. Stop was way too large.

 

From my perspective, the mkts are treading a very fine line, I was bullish but after today now swinging bearish, I hope I'm wrong.

 

I've given back a lot of profit on this one. We'll see if the uptrend can resume here.

 

It looked to me like that was a bit of capitulation between 2 and 3.

 

taking profits is almost mandatory in es market, money comes and goes so fast.

 

I don't necessarily believe that the bull flag has completely failed yet, but again they really are to be traded once there is a breakout above.

 

i think the sp will go down now for about 14-19 days - because today was the first day and counting it fell below 2.5% beneath the monthly average. i keep track of this for many years.

 

Why did the nasdaq just shoot up like a beast?
Who has a bloomberg?
Tell me Putin's dead..