ES Journal - 2015

Some observations of recent ES behavior. Please do not confuse this as a "call" - the OP has stated that he welcomes discussions and observations in addition to trade calls. This is not a call or a prediction, nor is any position - past, present, or future - implied. If you think this is being posted "too late," that's too bad, because that means you're looking for "tips" rather than knowledge.
ES Observe.JPG
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fortydraws said:
And after a bit more than an hour, what we have had is a market where it would be very easy to give your money away. Which is fine, so long as you limit each donation to a prudent 2% at a clip :)

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In all seriousness, however, that premkt range is smack in the middle of a range within a range. IMO, these are the toughest conditions to try to scratch a profit from. Like yesterday, I prefer to wait for price to arrive at a more significant level (significant to me). Like yesterday, there has been an opportunity or two, but nothing in a context I find leaning with a higher probability one way or the other.
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Thanks Man
 
where all traders today,no body want play range into fomc?

plenty of time for downside at announcement 'mins', lets suck in some longs? :)
 
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