Bruce - here are your triples on the ES 10k
I took some heat on my long but PT Emini's Macd Kiss Theory kept me in the trade
BR
BruceM
Rep: 216,211
Posts: 19,895
they just cleared out those "leftover " triples from the day session here in the overnight session at 11 P.M. eastern time.....
BR
BruceM
Rep: 216,211
Posts: 19,895
Thanks Gio,
Something I was watching but then missed the trade but it's a very cool concept is this:
The dow was breaking out of it's hour highs long before the ES was...this alone was a good clue..the dow was also trading back into it's single prints from Wednesdays session but the ES couldn't get back to it's single prints.....
I synch my Dow to match the real time ( 9:30 - 4:15 e.s.t) hours.....so the dow was trying to lead it higher and failed....
Something I was watching but then missed the trade but it's a very cool concept is this:
The dow was breaking out of it's hour highs long before the ES was...this alone was a good clue..the dow was also trading back into it's single prints from Wednesdays session but the ES couldn't get back to it's single prints.....
I synch my Dow to match the real time ( 9:30 - 4:15 e.s.t) hours.....so the dow was trying to lead it higher and failed....
quote:
Originally posted by gio5959
Bruce - i use a very simple method to spot for divergences on what i call market internals
I look for divergence of the $ADD to the ES
In this pic you can see that the ES made a new high but not the $ADD
If you go back to my other pic where i showed price pivots you will see that i expected the market to find resist at or near those levels...which turned out to be the HOD
This divergence of the $ADD and ES confirmed that for me and i felt more comfortable in taking a short position...especially since we had your BruceM Triples below


