OK let's get the party started.
Flat ? DT ? 30min TF.
TO
TonyC
Rep: 99
Posts: 471
and for fun, here is a different type of ML set over the potential flat pattern currently forming.
In trying to be creative, do adj comparison ML set using the Flat's AB leg as primary size and lock upper // on the pt 2(11:22am) of yesterday's 4pt continuation pattern. look at the interaction of the price action and if this rolls over you can look at where a DT abcd could set up below at the lower lines of that ML set etc...
Just something new to look at...
Enjoy !
T
In trying to be creative, do adj comparison ML set using the Flat's AB leg as primary size and lock upper // on the pt 2(11:22am) of yesterday's 4pt continuation pattern. look at the interaction of the price action and if this rolls over you can look at where a DT abcd could set up below at the lower lines of that ML set etc...
Just something new to look at...
Enjoy !
T
MR
mreiserer
Rep: 110
Posts: 2,220
T, that's a 4pt on TF if it holds here at the TL. I project ES to go down to 887 area.
MR
mreiserer
Rep: 110
Posts: 2,220
and a standard lower// circa 895. Maybe they'll run it a bit below the DB and then up it goes. Who knows...
TO
TonyC
Rep: 99
Posts: 471
Globex rocks.But you have to be up for it. The overnight trading is a long slugfest challenge. Hard to keep awake if price just sits for hours long. Currencies have decent moves as well but the stop sweeps are just plain evil sometimes. And then U need to keep your stamina and focus up for the regular day session too. It's mentally and physically draining if u do this for a long period of time but eventually u get past the wall and it becomes natural. I've been at it on and off for a few years now and can live off very little sleep.I definitely think I have a sleeping disorder,like insomnia, but that works in my favor in this case,I guess. The thing u have to be careful about is the strain you put on your eyes.Watching the trading screen without rest is not healthy.So for those who may plan on trading day and night, you may want to consider scheduling rest/break time and invest in superior screen quality hardware. And even though my computer video settings cna get very high resolution, I actually set the display to medium res.I found that if I use the max settings the charts graphics get too 'fine' for my viewing therefore making my eyes adjust in order to discern all the details, and that put a lot of tiring stress to the retina muscles.And over a long time U end up getting bad headaches. So more isn't better here.
That's just some tips for those new to all session trading. and I have nothing better to do right now so im typing this text just to kill time i guess...
That's just some tips for those new to all session trading. and I have nothing better to do right now so im typing this text just to kill time i guess...