Trading the SLA/AMT Intraday

[dbphoenix]

Don't forget to focus on the right tick, not the "bar"

 

[dbphoenix]

15 minute chart preparation for the day. It's all time high, so the price action should be interesting, today.

Schaefer

PS: Previous day high is the same as Pre-market secondary low.

When do you have to go back?

 

[dbphoenix]

ES can't get out of the gate.

 

[dbphoenix]

52 to 64. Look for a hinge to form.

 

[Schaefer]

When do you have to go back?

I'm not sure, what you mean, Sir.

Schaefer

 

[youngin]

Don't forget to focus on the right tick, not the "bar"

You still subscribe to your old "I avoid taking trades bound by swing points. Unless price can make a new swing high/swing low, it is, by definition, ranging" motto?

I swear I could write a book of your sayings off the top of my head.

 

[youngin]

I'm not sure, what you mean, Sir.

Schaefer

I think he means back to the oil rig.

 

[dbphoenix]

Note the test of the apex of the hinge.

 

[Schaefer]

I think he means back to the oil rig.

That's someone else, not me.

Schaefer

 

[dbphoenix]

I may be done for a while, or for the day. The ES isn't budging, and we are nowhere near any extremes except for the upper limit of the range we passed through yesterday.