January 9, 2026
January 9, 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:
5h 0m
Sleep Quality:
Todays Mistakes:
Market Conditions:
🐢 Weak Bull Trend Day
Overall Daily Experience:
🟠 Mixed – Some good, some bad
Special Event Day:
Non-Farm Employment Change, Unemployment Rate, Prelim UoM Consumer Sentiment, Prelim UoM Inflation Expectations
Notes:
The market opened with some sideways action, and then we got a strong drop down to fill the Overnight gap. Price then sharply reversed back up, broke out of the opening range, and I took a chance on a long.
The move up was strong, but it stalled after hitting 6999 and failed to reach 7000. We then got a very deep pullback. Even with that pullback, I was leaning more toward continuation to the upside and a trading range scenario rather than a full reversal.
Because of that, I decided to scale in with one additional contract lower, mainly to improve my average price and move my BE lower in case I needed to scratch the trade.
I ended up exiting the trade at BE on the original entry and +3.5 pts on the add-on contract. It still looked like the bulls were strong, but I wasn’t eager to stay in the trade in case we got another deep pullback.
The bulls then managed to make a second strong leg up, breaking out of the range again. When we got another pullback to the range high and it formed a second entry buy / BOPB, I entered long again. My plan was to try and get a move toward the All Time High, but when price stalled at around +7 pts, I took the trade off. Holding a position this high up with the All Time High so close was honestly pretty uncomfortable, and I was expecting sellers to show up.
Price then chopped around the measured move of the range just below the All Time High, and it really looked like the bulls were running out of steam. This didn’t look like a strong bull trend at first — the bear pullbacks were deep, and it felt like the bulls were losing momentum.
But then we got a perfect bull reversal bar forming a Second Entry Buy / LH MTR right off the EMA, and I took the long with two contracts. My target was 5 pts, just below the previous high. I was genuinely nervous about what was waiting up at the high and around the All Time High.
Price did in fact push into the All Time High and a few points beyond it. After that, it stalled again, printing a lot of dojies and weak bars right up there.
I decided to call it a full hour early. It was Friday after all.
Biggest Lesson:
Not a bad trading day overall, but a tricky uptrend. It looked much weaker than it actually was and kept luring me into thinking a reversal was coming. As many smart traders say, it’s usually better to look for continuation of the trend rather than trying to pick a reversal — unless there is clear and strong evidence that one is forming. Today was a good reminder of that.
Trades Taken on PA-accounts:
Tags:
Weak Trend