Good morning to the USA, good evening in Asia. As of now, 45 min before RTH. It took a steep plunge to the pivot at 903, all in less than 10 min.
As a short term scalper. Lets see for the first 3 mins to confirm EMA3 is on top of EMA9, 3 green candles with bearish resistance with MACD pointing up. Target 4 points with SL at 3. Trailing stop change to 5 when price changes to 3.
Have a profitable day everyone.
,
BR
BruceM
Rep: 216,211
Posts: 19,895
I have two one minute bars with matching lows on the RTH lows...can anyone confirm that?
BR
BruceM
Rep: 216,211
Posts: 19,895
now YM is on lows but not ES.....these two need to get in synch before any real trend can begin.......otherwise more back and fill and ES will retrace up a bit
KO
koolblue
Rep: 48,651
Posts: 16,032
OH WAIT YOU MEAN IDENTICAL BARS? NO..BUT THE SAME 898.25 LOW AND ALMOST IDENTICAL
FE
feng456
Rep: 994
Posts: 340
quote:
Originally posted by BruceM
Thanks Vo that's what I had imagined ...so you can use price projection failures on the lower time frame to get you going in the direction of the larger time frame......quote:
Originally posted by VOwater
and yes bruce the bigger time frame projections do indeed carry more weight
speaking of failures....*cough *cough
(im alluding to myself)
yes yes i need more confidence but poking fun at myself is better than seriously saying im a tool.

