January 20, 2026
January 20, 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:
🌪️ Large Range Day
Overall Daily Experience:
🟠 Mixed – Some good, some bad
Special Event Day:
None
Notes:
The day started with a lot of overlapping bars and forming a trading range. We had a big gap down and we were far from both the 20 EMA and the 20 EMA on the 60M chart.
On bar 11 we got a bull surprise with great follow-through that broke out of the range and closed above the EMA, so I took a chance on the long. I entered with 2 contracts. One target at 5 pts. and one just at the overnight gap for 15 pts. I was thinking it was a good chance we could fill it.
The 5 pts. got hit fairly quick, but when we got a pullback and it looked like we would get a big bear bar, I took off the 2nd contract at 3 pts. I was not eager to stay in this trade through a big pullback.
Price did pull back to the range top and formed a H1 Buy / BOPB, and I entered again with two contracts, targeting 5 pts. and possibly the gap. But again it stalled and I took both contracts off at 5 pts.
Price again pulled back to the breakout area and formed a very nice big bull bar. It looked like a bull leg up, two-legged correction, and I was expecting another bull leg up to the gap. Again price stalled and I took BE on both contracts.
Now the bulls had tried 3 times to go higher, so when price formed a Lower High after the bull failed breakout I entered short, expecting the bears to take over and take price to the range low. Again price stalling and showing low momentum fooled me to exit. I took all contracts off at 5 pts. Right after I exit, price dropped down and would have hit all my initial targets. Frustrating, so I took a dinner break.
When I got back, price had broke out to the low of the range and it formed a 2ES / BOPB. I took a chance on the short, took 1 contract off at +5 pts., and was holding the 2nd for 20 pts. It was just around the Globex low and the measured move of the range. I got nervous and took it off at 15 pts. when we were 1 tick away from the Globex low.
Market did in fact hit the range measured move and it even made a measured move of the first bear leg down.
After market got to the measured move it just chopped around sideways. I was looking for a way to get long, but there was just not enough momentum from the bulls to trust going long, and it was getting too late too—risky trading against the overall trend with not much time to fix the trade.
Biggest Lesson:
I did not really enjoy today’s price action. I got in 5 trades today. I closed a few at BE since the momentum was very low.
Lately the volume and momentum has been so low and price just keeps stalling, and I get frustrated and irritated that it is so slow. I need to remind myself that I have to trade the market we get and not the market we want.
After all, I managed to get a total of 48 MES points, which is not bad given the slow market.
Trades Taken on PA-accounts:
Tags:
No Trades

