i'm conflicted that ES will make lower lows this year i see a possibility after a pullback into 1900s that ES will launch to 2300+ and that would be wave 5 followed by a 50%+ crash, kinda like in the 1920s but who knows
It has been a long while since ES/SP500 had a year that tested both previous year highs and previous year lows, it's a highly uncommon event.
No, seriously. I only day trade technically and am currently to busy to pay attention to the macro news. Care to expand?
In advance, I should add that in my experience from following the markets for a while, there's always something going on in the world at any given point in time. If not this, then that. And so it goes...
Out of curiosity, will you be posting the exit to this trade as having been on the low at 2086 once price climbs all the way back up to your entry and claim you got out more than an hour ago on the low? It just seems to me that there is nothing special about posting an entry for a trade for 100 contracts once its 10 points ahead. I would have been more impressed to see your entry for 100 contracts when price was still up there.
I used to post a shit load of entries in this journal. Probably more than most. But I don't do that any longer. For now, I only post the occassional prediction of market movement as the one I posted today prior the Open and which still is in effect. Also others the last prior days. The screenshot was only a reflection of that prediction, i.e., an Open near the High for the day. Based on what I gather now, there's a good chance we'll make a new Low by EOD. PS: It was only a simulator trade which I got out of at 87.