ES Journal - 2014

No clear trend, dancing around yesterday's HOD, quick turns one way then the other. Great for experienced scalpers I imagine.

Obviously you disagree with me and think this is easily traded?

When u see volatile quick turns one way then the other, it indicates uncertainty. Uncertainty is a day traders best friend bc once the wrestling is completed, and there is a clear winner, there's always a quick fear based trend with little pullback. The morning 10:05ish est downtrend was an example of that. So when u see the volatile quick turns, smile, wait for demand or supply exhaustion, and pounce.
 
When u see volatile quick turns one way then the other, it indicates uncertainty. Uncertainty is a day traders best friend bc once the wrestling is completed, and there is a clear winner, there's always a quick fear based trend with little pullback. The morning 10:05ish est downtrend was an example of that. So when u see the volatile quick turns, smile, wait for demand or supply exhaustion, and pounce.

:cool:

ty. i see what you are saying here and will look for it in the future!

was the break out the key to supply exhaustion today?
 
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