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Shaishen wrote:If Market Profile makes any sense in this mess then ES should test overnight low 1850.5 But it is called Market Profile theory. Who knows, after that we could visit your 1833 targetmarcueus wrote:Both Wedge (on Es.f) and little triangle on spx points at 1833/4 points - so we are going to retest Monday low on es.f and make new lows on spx
So how do you trade this?
Unless one has a really large amount of risk capital I don't know how to trade ES NQ even YM with any acceptable RR in this slot machine environment. 5pts SL is the minimum to stay in the trade. With the 2 contracts unless you catch one of those rips you are constantly exposed to $500 risk for what reward?
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Thx, appreciate, no need to post pics, I see what you mean.marcueus wrote:Shaishen wrote:marcueus wrote:
BTW - if you want i can post photos about what i am talking about
But for now the best idea is to wait - market makes so many good traiding possibility that it is better to wait for the best possible setup
perhaps SSO?Shaishen wrote:If Market Profile makes any sense in this mess then ES should test overnight low 1850.5 But it is called Market Profile theory. Who knows, after that we could visit your 1833 targetmarcueus wrote:Both Wedge (on Es.f) and little triangle on spx points at 1833/4 points - so we are going to retest Monday low on es.f and make new lows on spx
So how do you trade this?
Unless one has a really large amount of risk capital I don't know how to trade ES NQ even YM with any acceptable RR in this slot machine environment. 5pts SL is the minimum to stay in the trade. With the 2 contracts unless you catch one of those rips you are constantly exposed to $500 risk for what reward?
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