ES Journal - 2023/2024

Discussion in 'Journals' started by Buy1Sell2, Dec 6, 2022.

  1. mervyn

    mervyn

    below 4k

    we had 5 naked poc straight up until today, can't remember the last time this occured, maybe in 2021
     
    #3671     Apr 4, 2023
  2. SammyJ

    SammyJ

    17 pt es vertical run at end . Mkt still in uptrend . Seems the world shorting still .
     
    #3672     Apr 4, 2023
  3. 14.25 points. No biggie on a day that's down 48 points from high to low in RTH.

    Most down days don't close at the bottom of the range.
     
    #3673     Apr 4, 2023
  4. vanzandt

    vanzandt

    Well we got the bounce into the close, it just started at the wrong level. :banghead:
     
    #3674     Apr 4, 2023
  5. SammyJ

    SammyJ

    15 ish to 31.50 . Who’s counting . Still in uptrend .
     
    #3675     Apr 4, 2023
  6. Could be. Pullback or reversal. That's anyone's guess at this point. I've no idea, but I'll have to say I would be leaning towards lower if I had to say.
     
    #3676     Apr 4, 2023
  7. schizo

    schizo

    Eh? why should I be mad at you? :) Anyway, it's all boils down to "traps".
     
    #3677     Apr 4, 2023
    Spooz Top 2 and Laissez Faire like this.
  8. Good low risk entry down here (4119) for a move back up to 4130 or so.
     
    #3678     Apr 5, 2023
  9. Picking a bottom here for sure, but the R/R is right and it's a slow and controlled pace with NQ putting in higher lows.

    If it breaks lower it does look like 4100 next, but I'm assuming this is a pullback low for now.

    upload_2023-4-5_12-18-43.png
     
    #3679     Apr 5, 2023
    chillibean likes this.
  10. Predictive modeling:

    Yesterday was an Outside Day.

    For this particular type of Outside Day - the odds of a positive close in RTH is very, very high (83 %) and we should see the main move going higher. And the odds of a close above yesterday's low are extremely high (dare I say 100 % ?).

    Unless something changed yesterday and someone really wants to start selling, we should see at least 4140 in today's RTH session. Quite possibly more.

    That's my prediction. So might hold for that as a target if I'm not stopped out here. Will probably re-enter if I'm low ticked or re-enter at lower prices.
     
    #3680     Apr 5, 2023
    Builder17, ElCubano and Zwaen like this.