$ES_F 8/15/17 I mainly follow price action/volume profile mixed with psychology $ES_F plan Hypo 1: was that we would test lower around 2461 ish fail test 2450ish hold and consolidate Hypo 2: test 2461ish hold test 2471ish hold consolidate Hypo 3: test 2471ish hold test 2475ish fail test 2470ish consolidate $M6E_F wait for lower level
8/17/17 $ES_F plan Hypo 1: test 2457ish hold test 2463ish fail test higher Hypo 2: test 2463ish fail test 2457ish consolidate Hypo 3: test 2463ish fail test 2457ish fail test lower Hypo 4: test 2457 fail test 2450ish hold consolidate
8/18/17 Economic Data 10am Michigan Consumer Data 10:15am FOMC speaker Consumer Data may be important? $ES_F plan Hypo 1: test 2432ish hold test 2415ish for a bounce to 2425ish hold test 2400 fail test 2385ish Hypo 2: test 2415ish fail test 2400ish fail test 2385ish hold consolidate Hypo 3: test 2415ish hold test 2425ish consoldiate Hypo 4: test 2415ish hold rally
8/21/17 Economic Data none $ES_F plan key areas: POC: LVN: Consolidation zones: Hypo 1: test 2430 hold test 2420 fail test 2410 fail Hypo 2: test 2415 hold test 2420 hold test 2410 fail Hypo 3: test 2415 hold test 2420 fail test 2430 consolidate
8/21/17 Economic Data nothing important $ES_F hypo 1: test 2424 test 2428 fail 2438 hold hypo 2: test 2421 fail 2415 hold test 2421 hold test 2400 hold hypo 3: test 2430 fail test 2438 hold consolidate
8/23/17 Economic Data Housing Data 9am Manufacturing PMI 8:45 am Service PMI 8:45 am New Home Sales 10 am Crude inventory 10:30 am $ES_F Hypo 1: test 2446 hold test 2455 hold consolidate Hypo 2: test 2455 hold test 2453 test 2462 hold consolidate Hypo 3: test 2446 fail test 2438 hold consolidate
I ended up taking (2) trades today (1) of them was early in the day my bias was long I missed my buy when my 2439 alert went off and was to shy to lift the offers once it went passed 2441. So of course I waited until a sell level to buy. the second trade was just a 2 tick trade I would have ended up losing the 3 ticks I typically risk. Another day where if I would have caught the buy would have gotten a nice return.
8/24/17 Economic Data: Weekly jobless claims slight rise expected still very low unemployment prior | consensus | consensus range New Claims - Level 232 K 237 K 234 K to 240 K 4-week Moving Average - Level 240.50 K New Claims - Change -12 K Existing Home Sales expecting to rise based on new signed contracts so should be within range basically using lead data Prior Consensus Consensus Range Existing Home Sales - Level - SAAR 5.520 M 5.565 M 5.410 M to 5.650 M Existing Home Sales - M/M Change -1.8 % Existing Home Sales - Yr/Yr Change 0.7 % $ES_F Hypo 1: test 2435 hold 2446 fail test 2455 consolidate Hypo 2: test 2435 hold consolidate Hypo 3: test 2435 fail test 2429 fail test 2425 hold consolidate Hypo 4: test 2435 fail test 2429 fail test 2419 fail crash