S/R Emini Journal
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I couldn't find it in a previous post, so I'll ask:
Any reason why you don't use either the entire globex session or start your charts at around 6am est when volume starts to pick up?
Friday's low was 1328 and S1 comes in at 1327.75. It seems like we need to at least break those levels to turn this market down.
Don,
I think you are asking this question about the S/R charts that I post everynight. So I will answer accordingly, if I am wrong let me know.
The charts I post at night are profit charts which I get for free form my options xpress account. They do not give 24 hr data and in fact during the trading day they are behind by 15 minutes. I can't trade with them but for charting they offer the ability to look back farther which I like and I can do things with profit charts that I can't do with my actual trading charts on e signal.
Actually I was wondering why you don't use the previous days globex H/L WHEN your S/R level looks like the day session L/H?
It may not even occur that often to notice (your S/R happens to be the day session L/H).
btw, the 2 days before a fed meeting tend to be very narrow ranges....not saying this will be the case this week, but it has been in the past.
No plays yet for today. Looking for the new high and then shall see.
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