Past 3 days, ES YM NQ day range has shrinked to a rather low level making trading these instruments rather challenging.
Such behaviour is quite typical after a major move (on 2 Aug 2018).
Those who traded past 3 days probably ended up losing
money.
Those heavy scalpers who don't look at chart but DOM / ladder
should be able to profit from such markets.
Well. What did the financial experts say?
They would say ES is going to break the high.
If it breaks the high, it would go even higher and higher and higher.
This is what I will say.
Market can be merciless / heartless.
Market gives us the opportunity to earn tons on money on 2 Aug 18.
If we miss this opportunity, and if we traded past 3 days, then too bad.
And this pattern has been repeating every day/week/month/year/decade.
Soon there might be major events/news/ announcement/powerful tweets and these financial instruments will start to move (up or down). meanwhile its day range will continue to be small for don't know how many more days which we cannot predict.
So in the meantime, what can I do? Trade other more tradable financial instruments. There are thousands of financial instruments in this world
for us to choose from.
Such behaviour is quite typical after a major move (on 2 Aug 2018).
Those who traded past 3 days probably ended up losing
money.
Those heavy scalpers who don't look at chart but DOM / ladder
should be able to profit from such markets.
Well. What did the financial experts say?
They would say ES is going to break the high.
If it breaks the high, it would go even higher and higher and higher.
This is what I will say.
Market can be merciless / heartless.
Market gives us the opportunity to earn tons on money on 2 Aug 18.
If we miss this opportunity, and if we traded past 3 days, then too bad.
And this pattern has been repeating every day/week/month/year/decade.
Soon there might be major events/news/ announcement/powerful tweets and these financial instruments will start to move (up or down). meanwhile its day range will continue to be small for don't know how many more days which we cannot predict.
So in the meantime, what can I do? Trade other more tradable financial instruments. There are thousands of financial instruments in this world
for us to choose from.
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