🟡🟡🟡
Posted a short on
$ES $ES_F $ES1 earlier today, before market opened, when the value was roughly around the 7,383.25 area.
No fanfare, no acountdown, just what you see below.
Hours later, end of session, price prints 7,265.75 and it's not done yet.
That is 117.50 points.
Let me "translate" that into money.
On a single contract that is ~$5,875.
10 contracts value is ~$58,750.
100 contracts, ~$587,500.
More? You do the math.
This is what we're doing.
All inside one single trading day.
Here is what actually mattered on this chart.
Price pushed into the 7,383 to 7,405 zone and stalled.
Buyers kept lifting it but the closes got weaker each push, the kind of grind where volume goes in and price barely moves.
That is distribution, not strength.
The entry was not a guess. It was a read on where buyers were exhausted and where the floor would crack.
We do not have to 'scream' when we are right.
We post the work. People decide.
And to be clear, nobody is right every time and that is never the goal.
Nobody can 'anticipate' anything and nobody should.
The goal is the process behind the entry. The discipline.
The risk control, the patience, the levels that mean something, the dozens of small decisions you never see in a single post.
It's not possible to fully explain everything in one single post, I am still trying to simplify everything as much as possible anyway, on top of daily work, it's not simple but I am thinking or hoping that long term it will make a difference.
That is what builds stability.
And stability is what builds long term success.
Today is one example of many.
I didn't even post so much lately, it takes a lot of time to write and prepare so much content that can offer, hopefully, some value to people.
If you want to see how the decisions actually get made, consider following
@ymagnifycom . We grow together.
#TradingChallenge #technicalanalysis #futures #ymagnify
ALT #trading #tradingstrategy #futures #technicalanalysis
$ES $ES_F retracing bit more today.
#down for now, short term.
See you later