Quote from apex82:
Going to take only one trade tomorrow. As long as the low holds from today I will be looking to short 1517.25 with a 1.5 stop. If stopped out then will reenter at 1520-1521 with a 2 pt stop. Target will be the a retest of the low and then 1504. At 1503-1504 will begin to flip long and establish a position to retest the may 23 high. I will be doing it slowly as we should probably have a day or 2 of basing in this zone.
Er2 trade for tomorrow.. same scenario if the lows hold from today before hitting the zone.
Shorting 829.60-80 1.5 stop if stopped out will reenter 832.60-832.80 with another 1.5 stop.
Targets are a retest of the low and then 812-814
-Apex
Globex high was one tick below entry on ES.... Er2 stopped out by 2 ticks to an immediate reversal. Gotta be careful with these trades around prior pivots due to stops..
Frustrating start to the day. I may just close up shop for the weekend.