ES Journal - 2025/2026

Discussion in 'Journals' started by Buy1Sell2, Dec 10, 2024.

  1. Half a percent up would be 6185.

    This could fall apart here, but if we do breakout higher, that seems like a reasonable target.

     
    #621     Jan 24, 2025
    Picaso and RXIS like this.
  2. closing that here for +120 points

    upload_2025-1-24_14-46-12.png
     
    #622     Jan 24, 2025
    Picaso, Laissez Faire and RXIS like this.
  3. Picaso

    Picaso

    I think this is already discounted.

    That said, I remember years ago how every time the stock market fell it was interpreted as pressure from Wall Street for lower rates... :caution:
     
    #623     Jan 24, 2025
    Laissez Faire likes this.
  4. Picaso

    Picaso

    May I ask you if you have a day job and/or if you need to make money trading every month or so?
     
    #624     Jan 24, 2025
  5. Not going to pay +5 ATR on the 30 minute for a long in ES, especially with NQ and RTY lagging.
     
    #625     Jan 24, 2025
    Picaso likes this.
  6. RXIS

    RXIS

    Nice! I only managed 40 points. Dissatisfied with my FOMO entry. Got lucky and got out when it briefly topped out at 89 and then dropped before opening.


    YM back to making new low and ES chart is giving me sexy eyes. Oh, the temptation!
     
    #626     Jan 24, 2025
  7. Picaso

    Picaso

    I second that :thumbsup:
     
    #627     Jan 24, 2025
    Laissez Faire likes this.
  8. Need to hold the LOD here and ideally yesterday's high. It's a matter of national security.

    NDX all time highs today would be something. We're not that far off.

     
    #628     Jan 24, 2025
    Picaso likes this.
  9. Picaso

    Picaso

    Nice! Specially considering that YM seems to be the weakest one today.
     
    #629     Jan 24, 2025
    theapprentice and Laissez Faire like this.
  10. Picaso

    Picaso

    In my view, we're missing a catalyst/excuse. Still almost 2% away. Plenty of voices (JP Morgan, etc.) warning stocks are very expensive.

    Edit: plus today's Michigan not great.
     
    Last edited: Jan 24, 2025
    #630     Jan 24, 2025
    Laissez Faire likes this.