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Futures trading journal - GB
- Thread starter Gringotts Bank
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ES looking ok now - shrug. Long @4150.
Doing the same set up it's done for 4 days running. MM L4 cross followed by a Vic2b.
Doing the same set up it's done for 4 days running. MM L4 cross followed by a Vic2b.
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Timestamped for your viewing pleasure. Gives me goosbumps watching this. Musk is a genius.
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ES tgt 4168.75
Gold tgt 2027.2.
People may wonder why I give away my method. Two reasons. First is that the more you help others to make money, the more money you make yourself (so long as it's a genuine gesture and actually helpful). Second reason is that you have to have trading psychology mastered to use any system, and I can't help with that since I haven't mastered it myself yet. Work in progress. Namaste.
Gold tgt 2027.2.
People may wonder why I give away my method. Two reasons. First is that the more you help others to make money, the more money you make yourself (so long as it's a genuine gesture and actually helpful). Second reason is that you have to have trading psychology mastered to use any system, and I can't help with that since I haven't mastered it myself yet. Work in progress. Namaste.
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Just spotted - this upswing is almost completely bare of FVGs. So I'm selling ES early at a profit. I think it's going to dump again and close around 4135.5 or lower. Also dumping gold as it's not moving.
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It added another 35 ticks before falling to 4137 (not 4135.5). I guess I read it incorrectly.
Anyone else trade ES? How did you read that section of the chart? What did I miss?
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Waiting for at least the lowest line to be broken, preferably both.
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Strong angle and buying into the breakout. Predicting it will go straight to 4160.75, pause, then 4161.75.
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ES stopped out at BE.
Gold getting smashed. Something around 1978 might be a good entry. Unusual because the run up to the trendline (gold 1 min) had a huge amount of buying, like I've never seen before.
ES long 4146. Same tgt as before.
Gold getting smashed. Something around 1978 might be a good entry. Unusual because the run up to the trendline (gold 1 min) had a huge amount of buying, like I've never seen before.
ES long 4146. Same tgt as before.
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ES is gonna pop, just a matter of when. New target 4171.
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Takes me a good 30-60 minutes to mark up the ES chart for the day, but thath will get quicker. When the RTH starts, I don't like moving to a different chart like gold unless the ES is totally flat and lifeless. So I've narrowed it down to just ES, I think. It allows me to become completely absorbed in one thing.
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Stopped out.
Will enter long at 4141.5 if it eventuates, but am watching out for a narrow downwards channel. If such a channel develops, I won't.
The avoidance of the trendline (orange arrow) signalled a downwards move, but I didn't give it a lot of weight because the order flow Friday was bullish.
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It's at the level now, but the order flow is showing selling and the pattern is a bit narrow. So I'm going to wait for the pattern to broaden out a bit and I see if I can spot some buying.
More easily seen on the hourly. It's not steep, but it is narrow.
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Now it's cascading (narrowing range and accelerating fall). Cascading is more likely to end with a big volume bar and a V-bottom rather than the usual complex bottom.
A level for this turning point might be 4131.5, but only if the volume spikes.
A level for this turning point might be 4131.5, but only if the volume spikes.
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Candlevolume clearly shows the volume stopping bar, but there's still not enough buying yet. So it may turn into a complex bottom. Either that or I've missed an opportunity. There's a few other reasons for 4131 (approx) further back in the chart, so I'll wait for that.
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Double bottom after the stopping volume. Annoying.
That high flag at the right edge is bullish, but high flags often have a bad RR. Plus there's a trendline just overhead.
That high flag at the right edge is bullish, but high flags often have a bad RR. Plus there's a trendline just overhead.
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Short ES 4163.
Stop nearby at 4167.
edit: Scambled out of that. There will be a better opportunity.
Stop nearby at 4167.
edit: Scambled out of that. There will be a better opportunity.
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I did manage to catch it again at the same price. In and out for 40 ticks.
Now there will be a dull period for a while I think.
Now there will be a dull period for a while I think.
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Hoping to buy around 4142.25 if something appears.
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4152.5 level tells me if bulls or bears in control in the short term. Expecting it to pause there as it decides. My tgt is above that.
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