That was a perfect inverse h&s today good for 30 ES points easy

As I said previously:-

"Practical and doable but not obviously every trading day of the year."
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Yellow are openings on HOD/LOD. Black/red dots other trend days - many near the respective openings.

Your choice of dot colors is terrible. You have black dots on black bar days and red dots on red bar days. Why not pink and purple so we can see every day more clearly? LOL!

What is with the last bar? No dots at all?
 
Your choice of dot colors is terrible. You have black dots on black bar days and red dots on red bar days. Why not pink and purple so we can see every day more clearly? LOL!

What is with the last bar? No dots at all?
Sorry you must be color-blind.
 
He never said HE was trading through IB. His margin could have been a lot less with a different broker.

Yes, you're obviously right. I figured that would go without saying. It's just an example. Portfolio margin is also another kettle of fish.

Besides, enough with the notional thing!

MacBookProHo says he doesn't know anything about futures, so it might help him to see it both in terms of margin and notional.
 
Yes, you're obviously right. I figured that would go without saying. It's just an example. Portfolio margin is also another kettle of fish.



MacBookProHo says he doesn't know anything about futures, so it might help him to see it both in terms of margin and notional.

I think that would only confuse him, because notional value means nothing in the grand scheme of things, unless you wish to brag about how much money-worth you traded. Zero redeeming quality.
 
Its the second day in a row ES sold off at the close of the European session. The bearish paint all night long and leading into the NY open was easy to read. Size players working the action to get traders hitting the bid (new lows, failed rally, over and over). The ICS market is telegraphing every move lately. IMO, a lot of cash out there.
 
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