February 3, 2026
February 3, 2026 - ES 5m
Session Result:
⚪ Just Evals.
Total Net PnL ($):
+$0.00
Trading Start Time:
15:30
Trading End Time:
15:30
Discipline:
Focus Level:
Total PnL (Points):
0.00
Session Duration:
6h 0m
Sleep Quality:
Todays Mistakes:
Market Conditions:
📉 Strong Bear Trend Day, 🔁 Reversal Day
Overall Daily Experience:
🟡 Good – Mostly on point
Special Event Day:
None
Notes:
The day started with a few sideways bars. On bar 5 the bears printed a breakout bar and this led to a massive selloff. I did not trust entering on bar 5, and the follow-through bars were massive, so I waited for a pullback to enter.
Price did form a wedge bottom and we got a 2nd entry sell. After it triggered, the bulls started to print a big bull bar, so I entered above the bear bar expecting this to be a bear failure. I took it on 2 contracts: one at +5 pts. and one at +10 pts. back to the 20 EMA.
At the EMA the bears printed a nice bear bar. I treated it as a visual 2nd entry sell and took the trade. It really stalled and I exited in fear this could be another bear trap.
When the bears managed to print the 3rd bear bar with an upper wick I re-entered two contracts: one at +5 pts. and one at +10 pts., just above the previous low.
After price made a new low, the market printed a perfect bullish signal bar right at the 2nd measured move of the range. This was a risky trade—I really should have waited for a follow-through bar.
Price stalled for several bars, and when I got a chance to get out at BE I really should have done that. But I thought the bulls were about to print another strong bar. It ended up as a doji, and when the bears drove price back down I exited at a -7 pts. loss on two contracts. I was not really confident the bulls would be strong enough.
So I took my dinner break.
When I got back from my break, a great bear bar Low 1 Short bear flag was about to trigger, so I entered the trade. I took the first contract off at +8 pts. since price started to stall, and I took the 2nd off at +10 pts.
On bar 40 we got a nice bull bar, and since we had almost hit the measured move of the two bear legs down, I started to buy betting on a bounce for the bulls, with the plan to add on.
Price pulled back a lot and I had to add on, and I managed to get out at BE.
The bulls managed to print a massive bull bar and a follow-through bar closed above the EMA, so I entered long again.
Again I had to survive a pullback, but I did not have to scale in. We got a 2EL that gave the trade some fuel and I managed to get +6 pts. on the 1st contract and +15 pts. on the 2nd.
At this point the market was about to close, so no point looking for anything more.
Biggest Lesson:
A pretty good day. I got caught in a long trade and had to scale in—always risky counter-trading betting on the reversal. But as long as you stay calm and do not panic, the market will often forgive you, and I got out at breakeven.
I did also take a small loss on another attempt to predict a bull reversal. It was a total of -14 pts., but I had some good winners making up for it. A total of +55 MES pts.
Trades Taken on PA-accounts:
Tags:
Strong Trend • Trading Range