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Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#46
NOVEMBER 12-16 2018
LIS 2675<2727<2775
2018's POC 2727 Bulls BO of 2775 with IH&S RS=2675 has to holdUp Bears BD of 2675 to go lower
First sign of weakness when 5.0 Play from a Shark pattern failed to BO of 2766
Second, there was no follow-through with Buying Volume -- just grinding higher on low volume for Friday MlyOpEx
Therefore, addSwingL2774.75 should be trailing stop or taking profit depending on Sunday reOpen and Monday Overnight price action.
Friday's hedgeS2747 the second time should be holding for lower targets along with SwingS2812 -- just because of what's showing on Monthly Summary Charts on next posting.
Enjoy!
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#46
As of FRI 11.16.2018
The attached Daily, Weekly charts were showing both sides with ABC triangles, a Bulls vs Bears battle that one side would have to give up if can't hold their LIS.LineInTheSand.
What's missing? Volume... especially on buying side for sure.
++++++++++++++++++++++++++
Don’t forget to vote by pushing "Thanks" button from the link below for FIO Journal Entry, huh? Thanks a million!
First, I like to thank the following FIO members:
aquarian1
for helping me with my first journal last year.
SoftSoap GFIs1
for inspiring me with their journals.
kathy11
for teaching me "KISS", and less is more with her beautiful analysis …
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#47.TradingPlan
November 19-23 2018
Due to Thanksgiving short trading week, expecting "whipsaw" to shakeout both sides.
As of Friday's price action on 60M chart, couldn't help but thinking as if it could surely break out.
Depending on Sunday reOpen and Monday Overnight price action, but bias will be shifted to bearish if no follow-through on buying volume.
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#47 MON 11.19.2018
Whipsaw by testing Friday's High then Low.
The gift was given at 4amET Double Top that stick-like-rice! So took it as intradDaySwingS2747 aiming for lower target. This week OpEx T2650.
Took profit on addSwingL2674 when failed BO.
Took intraDayScalpL2712 after retested YLow, but walked away so got stop-out.
Let the battle begins!
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#47 TUE & WED
November 20-21 2018
Yesterday, bulls were being eaten during pre-Maket with Pop2Sell attitude from bears on 10,000T chart.
Tuesday
It's giving bearishCypher pattern at ptC 2T below YLow.
IntraDayL2635 to ptD T2662.that was very slow and not quite hit target, so took intraday profit.
Double Targets hit:
Intraday and hedgeSwingS2747 hit T2631 so took profits on both.
SwingL2638 stop-out at BE SwingL2636 bearishCypher ptC @2631 T2775 (see 240M Weekly Summary Chart, next).
Wednesday
IntraDayExtensionSwingS2668 T2607
Retesting break down point @2672 near 50SMA and previousLow
Oh la la... head is spinning... Summary is up-to-date for now.
Happy Thanksgiving!
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
MON Whipsaw
TUE
Selloff to Profit taking targets
WED - THU Price action was slow enough for me to watch 20 episodes of Korean drama "Love & Money" while practicing and documenting trades for 512T chart.
FRI
As if "Algos on the run" again, price moving so fast on both sides even though Market is closing early @1:15pmET
Note: Following charts are updated as of TUE 11.20.2018
SwingS2812 failed bullishCypher ptD @2651
Expecting lower targets
Keeping as runner until mid-December for Quarterly Rollover
SwingL2636.50 at ptC2631 to ptD T2775
Stop loss below T141% @2610
A potential bearishCypher in the making.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
Nope, not talking about "choppy" Market...
It's Pork Chop @Perry's Steakhouse & Grille
Wine?
Remy Martin
Music?
The song made me think about:
1. What If I were a newbie... I swear I'd be a better newbie.
2. What does it take to be a trader, a better trader?
Just being thankful that only one week left for The Journal Challenge.
Taking time off next two days to gather information to write about those juicy topics and wrap-up summary for next week.
Will be back Wednesday to trade for EOM.EndOfMonth Window Dressing/Breaking.
++++++++++++++++++++++++++
Don’t forget to VOTE by pushing "Thanks" button from the link below for FIO Journal Entry, huh? Thanks a million!
First, I like to thank the following FIO members:
aquarian1
for helping me with my first journal last year.
SoftSoap GFIs1
for inspiring me with their journals.
kathy11
for teaching me "KISS", and less is more with her beautiful analysis …
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
Thinking about how to present topic "If I was a newbie..." no idea 'how to' until woke up this morning.
Decided to apply the iGETit model and only allowed to use 240M and 60M charts for trade setups.
These time frame charts are excellent for holding daily/weekly swing positions to either targets, trail-stops, or BE.
Intraday 10M and 512T charts are allowed for confirmation of a trend or entry into a trend at Open, Close, Initial Balance retest, or reversal time frames @4amET, @0amET, @3pmET.
ReVisit this link and open pdf file from first posting for more information...
Never giving up! Never giving up! Never giving up! Never giving up! Never giving up! Never giving up! Never giving up! Never giving up!
No matter what, I never thought about giving up the first eight years, then "Drama Queen" became my …
Identified a bearishCypher SwingL2631 T2775 from 240M chart last week.
11.25.2018 SUN GapUpOpen
Intuition of a CIT.ChangeInTrend Day, therefore closed iSwingS2668.75 from last week...
It's was too good to pass up, so I chased it by "Close1Eye&HitBuyButton" L2633 (Note: Taking profit when failedBO of 2745YHigh before Thursday 2pmET FOMC Minutes).
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#48 THU
11.29.2018
Awaiting 2pmET FOMC Minutes
Opportunity for "Learning to lose money" in SIM!
Update:
Nope, no "wild swing" to blow-up all three sub-accounts at the same time today; but at least one account... if kept taking Short trades from Wednesday's squeeze.
Therefore, as a newbie... not allow to take "counter trend" trades.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS