ES Journal - 2023/2024

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

  1. mervyn

    mervyn

    #7601     May 30, 2024
  2. schizo

    schizo

    Never seen ES dropping 30 points during Asian session (let alone in a BULL MARKET)!

    upload_2024-5-29_22-52-17.png
     
    #7602     May 30, 2024
    Darc likes this.
  3. short 5258
    12 point stop
     
    #7603     May 30, 2024
    Darc likes this.
  4. Darc

    Darc

    I watched a Ross Cameron vid just now (don't judge me), he said "if your trading the S&P500, Emini or a big stock like Apple, you're gonna lose, due to all the Algos, they've got every advantage Retail doesn't.

    He actually showed a Bookmap showing the massive amount of Spoofing in the SPX.


    Prove him wrong Guys!
     
    #7604     May 30, 2024
  5. maxinger

    maxinger

    upload_2024-5-30_17-19-8.jpeg

    Day / night trading
    As of now, all US index futures, and all European index futures (and gold) are on the uptrend.
     
    Last edited: May 30, 2024
    #7605     May 30, 2024
    Darc likes this.
  6. maxinger

    maxinger

    Another way to look at it is the more data/things we see, the more we will
    suffer from data analysis paralysis.

    Anyway, algos affect mainly those HFT traders/ heavy scalpers.
     
    #7606     May 30, 2024
    Darc likes this.
  7. maybe. 'trend' depends on what timeframe you are looking at and what you use to measure the trend
     
    #7607     May 30, 2024
    Darc and c1rcle like this.
  8. maxinger

    maxinger

    Right.
    That is why I mentioned it was for day traders
     
    #7608     May 30, 2024
    Darc likes this.
  9. I would imagine this dip to be a fantastic buy. But I have not been reading the market well this week at all, so pay no attention. :)

    Currently long from 60 with a 5 point stop. Targeting a recover back inside last week's range, so I want 40-50 points.
     
    #7609     May 30, 2024
    Darc and theapprentice like this.
  10. Trail to B/E. Let's see if there's enough strength to sustain an end of month rally or the correction continues...
     
    #7610     May 30, 2024
    Darc and theapprentice like this.