Here's my ES 30min Monkey Map of PASR levels as Red with White dashed lines as Wkly Pivots ... and Volume Profile of the past 20 days on the right vertical axis. The Gray background areas show overnight (non RTH) areas. Have a Fib cluster in and around 1183 as well (though not drawn in). Hope this is helpful.
TR
tradezilla
Rep: -17
Posts: 335
The issue now is that we have a ledge between 86.25 and 87.75.. If we go back into that ledge, the buy looks less attractive to me unless I can get 86.25/86.50 with a tight stop..
Good call Al, how many points have took from the market already?
Good call Al, how many points have took from the market already?
AL
Al
Rep: -185
Posts: 99
That is very confidential, besides what difference does it make?, it is all in the excution and the precision. Only have one point of stop loss.
DR
drak
Rep: 10
Posts: 9
I am watching in awe. Even if u did have a failure, i dont think anyone expects a 100% hit ratio
TR
tradezilla
Rep: -17
Posts: 335
True, I usually trade 3 if I think there is a potential 4-5 point range so I can scale out.. 1-2 when I scalp for less.. If I think there is a potential big move, I'll trade up to 5-6 to hold..
TR
tradezilla
Rep: -17
Posts: 335
I have to tell you I'm pretty impressed myself.. I never knew you had this scalp prowess in you...ha
TR
tradezilla
Rep: -17
Posts: 335
The Russell is giving me a sell signal... , we might head lower from here
AL
Al
Rep: -185
Posts: 99
GUARANTEED Trade, called ahead of time and in real time, the Open was reached as expected...remember this trade from I B Close to Open...
RB
rburns
Rep: 1,896
Posts: 383
Id go broke trying to read todays posts and trade. In the morning I look for Bruces levels and see how they mesh with mine. Reading any more here will probably cause a brain fart {for me anyway}. A 1.5 stop in 35 pts ranges which we have been having is suicidal in my opinion. You can get an execution and stop at the same time. Best wishes and good trading RB
