It’s been awhile since I have posted. I journal every day, and keep my notes to help me discover more about myself and my trading methodology.

While I like range trading because there is so much of it in the ES Mini movements, nothing compares to the Umbrella Trade.

It is unmistakable in it’s speed, power, and destructive force once momentum is created.

 I suggested recently that we had almost a 1,000 point move from the year open at 6902. Risk reward time.

The new ATH failed at 7897.5, just 5 points shy of it’s target.

I also mentioned that the previous all time high (Actual print, not the bogus December contract high at 7906.25 with no volume) at 7848.5 should be monitored for confirmation or abandoned as a failed breakout.

We are now more than 200 points lower, testing the yearly level 7 at 7704.5.

Charts and video are available for review if you have the intellectual curiosity. As always, for educational purposes only.

Significant patterns and ideas are important. As @Paxtrader777 says: “We live to find these life -changing trades”.