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mark the overnight high and low with horiztonal tick marks. Otherwise leave the ON session off of your charts.

Similar to the FBO yesterday but on a much larger scale (slower fractal - longer 'term') This time we FBO'd long out of the short channel established coming into today.

I love it!!! there goes the stops! fun action.

Also - as an aside... if you were feeling "Whoa" so were the majority of other market participants.... their footprints are all over your volume display :D

There was a report at 2 EST - that was a real spine tickler of a run!!! It's times like that where you can really field test your beliefs vs emotions.

Yeah that's the idea -- it's a 5 period simple MA. A 2 period is also useful. I don't use it anymore but it was a useful learning tool... good for a few a-ha's.

Yup.

easy - when this happens and something is holding you back from making the trade -- mark the market entry with a horizontal line on your chart colored red or green. That way you get a record of these events that you can review later objectively.

seeing big stretch

I just saw big squeeze - let's see what happens

Mak & easy - right on guys... Excellent study of sequences is what separates the haves and have nots with this stuff. Sort out your emotional makeup - get some sound beliefs in place - this gives you a mental framework to build meaningful experience. You set up the appropriate mental bins...

I keep an eye on the absolute value of str/squ (or premium) as well as the change in premium from one 2 min period to the next. I color code that delta and a few times a day it will get really extreme and the color will catch my eye. It's another flag to consider. It's also useful to ignore...

covered

Sure - I'll answer what I can btw - I'm short from 1241.75 (the red bar not the white one :cool: )

We've been riding along a top of R for a couple of days - which you could consider the ST channel. The short I advised earlier was at the RH side of a R-L of this channel along R. Those tapes were (from this perspective) big amplitude odd harmonics along the RH side... if I was more...

Cover at will -- you'll have plenty of opportunities to get out with a profit.

All that mess at the beginning of the PM was a FBO of the ST short channel which started up in the AM.

sell at will

patience.......

Couple more bars until we get going -- beware the FBO