OK let's get the party started.

Flat ? DT ? 30min TF.

No, that was a good clue they want to do the additional push, or at the least a stop sweep.

Okay, now they should at the least get to the VAH, and since that is the RTH HOD they will want the stops, and once they have those, the GLOBEX stops are just above, so they should hit those.

5 waves up...

Okay, I won't even ask if anyone is taking a shot here...

Okay, forget that, did anyone?

no trigger, no interest, how about you?

See, here's the thing. Say one takes the one shot there. As M mentioned, it DB'ed, and put that price action in with what I said about a possible W4, and one more push up was likely. But that only made the setup better, hitting into the POC dead on. So, one could have just about scratched the first one, and then hit it again. If the belief was there in the initial setup, it would be even better after that last push. If one felt the trend was still up, then the first shot shouldn't have been taken. And it sure is possible it just explodes up now from this 'dip'. But if one thought that, then staying long side should be the premise.

quote:

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Originally posted by mreiserer

no trigger, no interest, how about you?

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I liked it, but am watching for it to explode up from here, so it's a scale some, let some ride for a bit more approach.

took my profits for the day and ran. shoot first ask questions later.
look at area of red down arrow. time factor hit but not price... yet it turns so it's signal enough for me.
one single trade and one clean shot straight up.Can't ask for more. I love it when it goes without any heat. It doesn't happen all the time though.

and to mitigate the risk by taking both shots, one would have probably had to fade into it at the POC with a minimalstop loss...

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...