ES Journal - 2023/2024

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

  1. What made you assume I went against the tide? I just checked the market on my cell phone and was baffled by the strength of this rally.

    I posted early this morning that I would be expecting 4120 today. I made three trades this morning. One long off the Open. One short trade that I scratched B/E and reversed long for a final long trade.

    Took off the last trade on a trailing stop close to 4120 as I had to close down the shop, but admittedly, I did not expect we'd go this high today.
     
    #4131     Apr 27, 2023
    Master Pu likes this.
  2. That's kind of rude.
     
    #4132     Apr 27, 2023
  3. rb7

    rb7

    Most of your post today seems to point that you were forecasting the market to go down today.
    But maybe I misunderstood your posts. Mea culpa if this is the case.
     
    #4133     Apr 27, 2023
    Laissez Faire likes this.
  4. SPX 4137 so far today, bears had victory in sight, then came the slaughter, big cull though above 4200.
     
    #4134     Apr 27, 2023
  5. schizo

    schizo

    Just rub it in, wontcha? :) It's okay, it's just one trade out of many.
     
    #4135     Apr 27, 2023
    chillibean likes this.
  6. No worries. I did not post a timely forecast today as I some days to, so I get that it could sound confusing. Off the RTH Open I was strictly looking long targeting minimum 4115, but likely to be 4120.

    After that initial thrust higher with 4115 out of the way, I was however not convinced we'd see more upside today, but reversed long again on the breakout bar at 11:25 and took profit at 4118 on a too aggressive trailing stop in hindsight.

    While I do like forecasting, I never trade on that alone and need price to confirm.

    Did you catch a piece of this?
     
    #4136     Apr 27, 2023
    rb7 likes this.
  7. What's the hint?
     
    #4137     Apr 27, 2023
    schizo likes this.
  8. schizo

    schizo

    He said the same thing all throughout 2022. So not a big surprise :)
     
    #4138     Apr 27, 2023
    Laissez Faire likes this.
  9. rb7

    rb7

    Yep, I went long at 11h35 am.
    Exited at 3h40 pm.
     
    #4139     Apr 27, 2023
    Laissez Faire likes this.
  10. mervyn

    mervyn