S/R Emini Journal

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I think we are seeing some profit taking today and that is about all.

Good luck Romik, it might take a while for this one.
 
Krishiyer
Thanks for the chart info. I have set up a range chart. I'm not sure I know how to trade a range chart. I will have to study and read hear to find the way to use them most effectively.

I made three YM points on a quick trade at the open I saw the mcad lines cross so I went short and got lucky I think.

Here is the chart I made in QT.

best,
tt
 

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Quote from JimmyJam:

I think we're near the bottom of the session folks (just talk'in my trade :D )!
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The only problem I see with that theory is that all the volume (and that aint much) has been selling. I could see it going down to about 1296. But that could take forever at this pace.
 
Quote from 4re:

I think we are seeing some profit taking today and that is about all.

Good luck Romik, it might take a while for this one.
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2.25 down, not going to double this one, don't know the odds of this yet. Going to test it with 1 lot trades, basically same principal as main strategy, but on range bars.
 
Quote from romik:

2.25 down, not going to double this one, don't know the odds of this yet. Going to test it with 1 lot trades, basically same principal as main strategy, but on range bars.
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Lets see what happens when some volume starts coming back. Who knows maybe JJ is right and we have seen the low of day.
 
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