@noonelikeme81@tradivate Always assume up in ES in a bull market. I never predict any type of downside, you'll be right 80% of the time if you are just perma-bullish
Market view on #ES_F
heading into this week:
Game plan: Reclaim 7535 and we push for 7573. Hold there and 7630 comes into play. Miss it and bears keep control.
Not financial advice • DYOR • Risk first always. Where you leaning next week? Drop it 👇
Key to remember trading means having a process, which also means most trades should be replica's of each other. If every trade is dramatically different, it is likely gambling. For me its the same setup every trade, the same direction (long only), managed the exact same way
@AnotherX2802 Someone predicted the headline in advance because as I've commented all day last night was a major institutional accumulation event. https://t.co/kWm0oUrojL
@PotsieWeber1949 My R:R is always less than 1 for the most part. I am a very high win rate trader (properly executed Failed Breakdowns almost never lose) but very low R:R
Many traders lose because they think they are smarter than the market. They tell the market what it should be doing, rather than focusing what it is doing. Pick/learn a setup (I use 1), wait on it, *react with a trade* then manage systematically. Follow price, don't argue with it
$BYND Lotto Alert – ONLY for High-Risk Traders
This is NOT a safe trade. These can go to zero.
I am taking a 50 0 contract lotto position in:
$BYND 1.00 Calls – Expiring MAY 15– Fill at $0.01
Read every word below before even thinking of touching this:
This is a MAX-RISK lotto, Assume a 100% loss unless the squeeze ignition triggers. OTM contracts this far out will not move unless price reclaims key levels AND spreads tighten. https://t.co/pX7uDdY9V0
As we've seen the last week, its impossible to predict what markets will do. The biggest game changer for my trading was stopping myself whenever I have a "prediction thought". Its irrelevant. Plan your levels, plan your setup, plan your triggers, wait on price to pick 1, *react*
And as always, these targets were given in advance to newsletter readers. We just hit that 6873 as we breakout the 2 flag. Nothing to do now but ride your runner which should be +277 points now from Tuesday's 6592 reclaim entry - one of the best longs this year.
After yesterday's 250 point long off the 6592 Failed Breakdown (given to readers in newsletter *and* here for free) in #ES_F, today is a structure building day. We are still getting scalps.
38mins ago I posted 6809 must reclaim to see 6819 (hit). 6833, 6853 bonus. Same supports
@SuperHumanEpoch From the newsletter at 350pm. We were long. "This range is a massive bull flag, and its ready to break. The bull case tomorrow is simply that ES can fill this out more (entries discussed above) then breakout. Targets would be 6677, 6691, 6716, then 6742."
@Porterhous90889@pointbob2020 Anyone who is obsessed with whether I am "bullish" or "bearish" literally misses the entire point of my whole Twitter, newsletter, career etc. I am a day trader & those concepts literally don't mean anything to me. I exploit an edge over a large sample
@KhareedBech Days done now - my platforms off until Monday and just have a runner trailing. All targets and all bonus targets have been hit and leave the runner for the backtest magnet
Absolutely perfect follow through in #ES_F and there's the 6893 magnet I posted about 1hr ago tagged. Today's setup was given 9:43AM: Failed Breakdown of 6822-24 shelf. Targets given were 6850 (hit), 6860 (hit), 6893 (hit). Works done, ride runner
6907, 6926, 6935-38 bonus now
Big Picture View: From Jan 13 to Monday, #ES_F formed a big bull flag. It broke out Monday, we rallied to 7040. On Thurs, we backtested it 6920. Now, bulls must hold
Plan Next Week: Bulls want to hold 6949-52/6920 lowest. Targets 6988, 7043, 7074+. If 6920 fails, sell 6890, 6822