40 MES Getting Short

Name: 40 MES Getting Short
Uploaded: 2023-11-06T13:32:54.999503
Channel: JonathanDSmith
Description: I'm looking for ever opportunity to be short in this market after a large run up last week. Taking this newly created breaklevel at 4370. Hoping it respects that breaklevel and continues downward. Putting my stop at the next breaklevel above at 4374.

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Micro E-mini S&P 500 Index Futures (CME_MINI:MES1!)

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CME_MINI:MES1! Micro E-mini S&P 500 Index Futures

Trend Analysis trade price action short microstrader Contains IO script

trendanalysis trade price action short microstrader containsioscript

I'm looking for ever opportunity to be short in this market after a large run up last week. Taking this newly created breaklevel at 4370. Hoping it respects that breaklevel and continues downward. Putting my stop at the next breaklevel above at 4374.

コメント:

Reevaluated my stop. Think its best a point above VWOP to let this bounce take its course. Still think we are going down to 4344. We shall see

コメント:

Ok I'm short

コメント:

Moving against me but all breaklevels are tested below and I have VWOP and an untested breaklevel above me. We shall see.

コメント:

UGH coming to this untested breaklevel. Hopefully it holds all I have above is VWOP. Is this a move back to POC??? I hope not.

コメント:

Dow and NASDAQ battling their VWOP. Fingers Crossed.

コメント:

Trends are hard to break!!

コメント:

Might be taking a full loss on this one. Fingers Crossed.

コメント:

NASDAQ Above VWOP. Uh oh.

コメント:

Doesn't look good :( I guess the market isn't ready to give it up yet.

コメント:

Was this just the bounce retracement of that 30min Breaklevel? Could Be...

コメント:

15 points on the dot

コメント:

Still battling VWOP. Will it give it up?

コメント:

First time this move up hasn't gone parabolic. Might be a reasonable place for it to turn around??? Or just linger here longer??...Or just a break before continuing up?? We shall see.

コメント:

Still battling VWOP...Who's gonna win this battle..POC got lowered. Just above WVOP. WIll it just linger here the rest of the day or will they give it up??

コメント:

I'll say it again. Trends are hard to break. Doesn't look like it wants to give it up yet.

コメント:

Been at VWOP for almost an hour

コメント:

It just feels like the bulls will give it up if they keep getting rejects at VWOP but what do I know

トレード稼働中:

Still in the trade. Stop above the breaklevel at 4384.50. Might have to take a loss if they don't give it up in the next 20 minutes.

コメント:

Theres a 15 min backside and a 30 min new breaklevel below that could give some resistance if they DO decide to give it up.

コメント:

Dow and RTY look like they want to give it up NASDAQ is holding on tight

コメント:

If NASDAQ gives it up we could see a large move down. Fingers Crossed!

コメント:

Lets see what happens at the 10 mins till candle. Algos might kick it into gear...

トレード稼働中:

Not a lot a hope for this trade at this point. Will have to cut my losses...Unless the trading gods throw me a bone lol

コメント:

Back to POC...

トレード終了: ストップロスに到達:

Stopped out. Full loss. You win some you loss some. This one was a loss. In retrospect the breaklevel I took could very easily been a test of the 4373 breaklevel so wasn't a strong level to be going counter trend. Lesson learned. The fact it was fighting the lower side of WVOP for over an hour gave me hope to the downside but in the end it didn't give it up. Oh Well. Traded a dummie eval account o I didn't put my normal accounts in jeopardy with the horrible price action today so I can't be too upset. That's what this account was for, to trade horrible price action and not affect my gains in my normal accounts. Tomorrow is another day. Looking forward to it.