good call there is good support at 29.00
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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He does it multiple times per day. Buys the low tick or shorts the high tick, and catches the bulk of every move. (He also bought the low a few hours back for a nice move from 2931)
God knows what info he has access too!
I will probably cover at around 2936 as that is where it looks like he's planning to cover a few contracts. (if it isn't one of the 1 in 10 times he gets stopped)
Thing is, he probably trades like 50+ contracts and I have 1, so I can't copy how he manages the trade in terms of scailing lol, but i'm still grateful for the odd 'bone' he throws!
who is "he"?
just a trader I met once in a chat room years ago. Don't really wanna go into it tbh
cool, you can make the calls in here, just want to double check my entries.
That is kind of the trader you want to be: making money whenever the market presented, Long or Short, Bull or Bear, doesn't matter, as a more powerful system is going to guide the trader through all the maze of ups and downs.
i think i can understand how that trader trades. he is going by patterns and price action. No expert here but i can see why he made the call for long at 29.00. Wish i could be so disciplined and courageous.
was just trying to figuree where that 29 level came from. Do you know if that guy uses fibs?
Might have something to do with the 1.27 fib level target from the range high to low. I don't use fibs but thought it might line up with that support and it effectively does.
Can't find another reason for it. Maybe correlation with YM that there is a good level there
i have it marked too from prior day, it was a price stagnation from yesterday started around 11.00
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