Back to trading gentlemen. I’ve got a short limit order at 3332 stop 3338. Hope I get filled. Looks very weak. Biden-harris the impetus we need to bring a bit of volatility back to the downside
My version of success is consistency each day. Being able to hit my daily target in ES 4 out of 5 days per week, and one marginal loser each week. As a scalper, I'm looking for a smoother profit curve.
ES had pretty good absorption at 3325, 3324, and, 3323 just now. All areas that needed to have broke to downside. So if it does decide to break there either now or before end of session, should be a pretty good hard and fast move down IMO
Looks like one of those "overshoot days" i call it. When the 5 min bars overshoot where you want them to close at to set up a good trade. So you gotta enter on the 1 min before the bar closes. Often, like today so far, they produce outside bars. This PA used to frustrate the crap out of me...
I don’t really trade off patterns or bother with resistance when price is very bullish. It was obvious to me shorts were about to get burned. After 12 years of staring at ES charts, it’s got a way of moving that is tough to describe but obvious to me.
What might help you Was the diamond pTyern...