es futures at historical maximum

today´s session was different due to the simple fact that es futures and dow jones futures being at the historical high. it was evident the market moved extremely slowly while checking out the new territory prices. the volatility was terrible and i had to be really patient for an entry setup. moreover, i came late to the charts, so the most volatile part of the day (after open) was over by the time i sat down in front of the screen. these days are not easy to trade as orderflow and volume analysis tends to be distorted due to weak market auction

i took only two trades today, first at nasdaq, second one at dow jones.

first one was biased with my presumption that the price should just move higher and higher. all day, all night. pretty simple and pretty silly. i appeared to be at the wrong side of the market and took a small loss of 20 usd

the trade at ym was a speculation against intermarket divergence that was too visible to a naked eye, and hence, tempting buyers to take long in this price levels. the longer dow jones stayed undervalued, the more comfortably i felt in the position (even when being in an open loss). the buyers were tempted to jump in in order to move the price higher and catch the other three markets that were clearly higher

of course it did not happen. the price move against them, into my profit. at the same time, there was a valid orderflow situation for short at nq and if i did not have an open deal at dow, i would have sold nq short