ES NQ Futures Trading

Looking to go along if 5m momentum signal kicks in

or reshort on pullback to 821 to 823 zone

We have no idea of the exact entry because the realtime prices determine this.
 
Quote from Jahajee:

Long trade took too long to kick in -- we have to work on this part of the system, maybe go down to 3min bar instead of 5m
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Close this trade at 826
 
Quote from Jahajee:

Long ES triggered at 825.5 to 827
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Thats quite a spread. Usually when one of my trades trigger there is a definite number

How are you entering the trades?
 
The indices are extended but that is not new or news with late day runs the last two sessions and most sessions since the March low a reflection of improved market confidence. In conjunction with this momentum there is a propensity for the indices to reach new weekly extremes on Friday's. Initial short term resistance is at SPX 838/839 (62% retrace of Jan-Mar) with a minor barrier at 846. The market has become extended but there often is at least some positive seasonal bias near the end/start of the month/quarter and this could be more prevalent given the exceptional reversal this month.

SPX resistance and support

868/870 R4

861/862 R3

849/851 R2

838/839 R1

832.86 Close

822/21 S1

815/814 S2

805/803 S3

796/792 S4, 50 ema/sma
 
Quote from duhmentor:

Thats quite a spread. Usually when one of my trades trigger there is a definite number
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That was my point. An entry needs to be fixed if "called ahead of time." if given a range, it makes it useless as giving "real time signals"
 
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