Have a daily and 60min ES. The daily has 50(blue) and 200(red) SMA's ... plus I've got an Andrews Pitchfork that I drew in over a week ago that may have some usefulness depending on your approach to the market. Both charts are All Hours Trading. The 60min chart of Price Action S/R levels are in dark blue with the Wkly Pvts "in the background" as dashed cyan lines.
This is just a MAP of potential S/R levels for my own trading. What I'm finding more and more difficult is how heavily to way the RTH chart readings of S/R with the All Hours. Anyway, it's a melding of the two. Hope this is helpful as a departure point/map for Monday's trading.
Using TS for now as TOS (which I've posted charts of the last few months) is Monkeying with my mind ... can't get comfortable with it yet I guess.
LO
Lorn
Rep: 16,037
Posts: 1,406
Good to see you Bruce.
Originally posted by BruceM
on 32.50...magnet is 28.75.....stop at 34..just trading ..
BR
BruceM
Rep: 216,211
Posts: 19,895
TY, lorn..a good first trade even if runners didn't hit target...
I had the plus 8- 10 zone and the ON of Fridays session....and loads of Tick and Volume divergence that needed to be absorbed
I was thinking of trying again in afternoon session but look at how we consolidated ABOVE the hour high ( so we accepted price) that coupled with the type of open we had as per MP...u can tell I reread dalton on "vacation" ......ha..! Also had a chance to read up a bit on Raschke ideas...always good to get grounded in the simple ideas again...
I had the plus 8- 10 zone and the ON of Fridays session....and loads of Tick and Volume divergence that needed to be absorbed
I was thinking of trying again in afternoon session but look at how we consolidated ABOVE the hour high ( so we accepted price) that coupled with the type of open we had as per MP...u can tell I reread dalton on "vacation" ......ha..! Also had a chance to read up a bit on Raschke ideas...always good to get grounded in the simple ideas again...
Originally posted by Lorn
Good to see you Bruce.
Originally posted by BruceM
on 32.50...magnet is 28.75.....stop at 34..just trading ..
LO
Lorn
Rep: 16,037
Posts: 1,406
A working vacation huh?
Originally posted by BruceM
TY, lorn..a good first trade even if runners didn't hit target...
I had the plus 8- 10 zone and the ON of Fridays session....and loads of Tick and Volume divergence that needed to be absorbed
I was thinking of trying again in afternoon session but look at how we consolidated ABOVE the hour high ( so we accepted price) that coupled with the type of open we had as per MP...u can tell I reread dalton on "vacation" ......ha..! Also had a chance to read up a bit on Raschke ideas...always good to get grounded in the simple ideas again...



