Pro traders aren't any better at "predicting" where the market will go than a hobby trader, and its not the job. The difference is all in execution: Finding lvls, protecting profits once available, stopping out & adjusting when wrong, and consistant loss size control. Focus there
@kingzeeeet (and that doesn't mean ES will always go up, but it does mean that after every elevator down, we do squeeze to at least do some backtesting)
Perfect trading today in #ES_F, all given in advance. The 7716 Failed Breakdown was long trigger. I gave this in ystd's newsletter, and this morning here. Targets for today? 7740, 7758-60. We hit 60, dipped. I then posted its reclaim sees 7770+. Hit
Ride runner. 7782, 7812 above
Absolute precision technicals today. 7716 Failed Breakdown was long trigger in #ES_F. Targets given were 7740, 7758-60 which I warned was final target for the day and to aggressively take profit there. This backtests yesterday's breakdown.
Work done. 58-60 must reclaim to rally
@kingzeeeet As I said yesterday when we were selling and everyone was panicking (as usual), this as about as surprising as the sun rising. Happens without exception, every single time, for 100 years.
https://t.co/3JQkiVn8we
@CanesKL The market has done the same thing for 100 years and everyone surprised everytime it happens. Elevator down (every support fails), failed breakdown, short squeeze.
Absolute precision technicals today. 7716 Failed Breakdown was long trigger in #ES_F. Targets given were 7740, 7758-60 which I warned was final target for the day and to aggressively take profit there. This backtests yesterday's breakdown.
Work done. 58-60 must reclaim to rally
There's 7758-60 target tagged. This is final target in #ES_F - protect gains aggressively here and leave only a small lotto runner. 7716 Sunday low Failed Breakdown was long trigger given here + newsletter. Targets were 7740 (hit), 7758-60 (hit).
7770, 7782, 7812 above here
There's 7758-60 target tagged. This is final target in #ES_F - protect gains aggressively here and leave only a small lotto runner. 7716 Sunday low Failed Breakdown was long trigger given here + newsletter. Targets were 7740 (hit), 7758-60 (hit).
7770, 7782, 7812 above here
Clean push in #ES_F. Per newsletter/tweets, the Failed Breakdown of 7716 was the first high quality long. This was a Failed Breakdown of Sunday's opening low. We are ripping off it. Targets for today were 7740 (hit), 7758-60 (next). 7758-60 needs to recover to bottom this to 7770+
@Ethoswrath I usually say it in the newsletter. Generally if its a big previous days low its high quality. Often ill also say this is lower quality/risky or illl say i wouldnt take this personally but its available for those who want it
Clean push in #ES_F. Per newsletter/tweets, the Failed Breakdown of 7716 was the first high quality long. This was a Failed Breakdown of Sunday's opening low. We are ripping off it. Targets for today were 7740 (hit), 7758-60 (next). 7758-60 needs to recover to bottom this to 7770+
@OnTheHooch I was waiting for the low to flush there but it didn't, it just double bottomed and rallied. In those cases I still take it, but its got to be a double bottom thats a few ticks from flushing the actual low. Obvously if its a point or two above that would be an issue
Bulls defending where they have to so far in #ES_F. 7770 was the macro bull flag backtest as posted. I posted that bulls want to watch traps of 7760/7770. We swept 7760, recovered, and popped ~15 points. Protect gains if you have them.
Bulls must recover 7812 to rally heavily
Took forever but we finally tagged the 7770 backtest in #ES_F. 7616 Failed breakdown last Wednesday was long trigger. My target was 7770 to breakout a 2 week bull flag. We broke out Monday, andn now backtesting.
Watching traps here/7760 per newsletter. Same upsides. 7740 below
Good push in #ES_F. 7716 Failed Breakdowns actionable per newsletter and we went +24 so far. 7740 1st target up, hit. 7758-60 is above and in order to rally today, that has to recover. Until then, rallies will struggle with risk of failing. We can rip above there to 7770, 7782+
Excellent volatility pickup which should give us something to work with today. After last weeks 230+ point long from the 7616 Failed Breakdown #ES_F getting its 1st retrace
Plan: 7716=support (per newsletter, sweeps were longable). 7740, 7758-60 above. 7758-60 must reclaim to rally today.
@OnTheHooch I'd count that as a double bottom technically, but I take those sometimes. Its effectively the same entry via the non acceptance protocol. Whether it double bottoms exact or flushes by a tick usually leads to same outcome
@aguywithapoem Good volatility overnight! Hopefully can it continue through the day though, day sessions lately have been slow. Would be nice if we can take out last weeks lows
Excellent volatility pickup which should give us something to work with today. After last weeks 230+ point long from the 7616 Failed Breakdown #ES_F getting its 1st retrace
Plan: 7716=support (per newsletter, sweeps were longable). 7740, 7758-60 above. 7758-60 must reclaim to rally today.
Bulls defending where they have to so far in #ES_F. 7770 was the macro bull flag backtest as posted. I posted that bulls want to watch traps of 7760/7770. We swept 7760, recovered, and popped ~15 points. Protect gains if you have them.
Bulls must recover 7812 to rally heavily
@AJualmila I'm not going to give out content that people pay for free here, would not be fair to those people. If you don't find the things I post useful here unfollow
Took forever but we finally tagged the 7770 backtest in #ES_F. 7616 Failed breakdown last Wednesday was long trigger. My target was 7770 to breakout a 2 week bull flag. We broke out Monday, andn now backtesting.
Watching traps here/7760 per newsletter. Same upsides. 7740 below
Very low volatility still in #ES_F. 7770 remains support and we are drifting there slowly. 7760 below there (watch traps of this general region). 7770 is backtest of the macro bull flag we broke out on Monday.
7812 must recover to resume the next leg up to 7822, 7830, 7848+
@CanesKL Then we'll short squeeze like the last few days, everyone will post about where they can get in long because they missed it, then we'll go elevator down again, lose every support, and it will repeat indefinitely!
@CanesKL The market has done the same thing for 100 years and everyone surprised everytime it happens. Elevator down (every support fails), failed breakdown, short squeeze.