This is a beauty in TA trading, we kind of know where the selling and buying level be, but.....will there be participation from majority of that trade? if so we make money if not we got stop out.
My comments are for entertainment/educational purpose only. NOT a trade advice.
This bull shall have legs. So far it's a typical uptrend day but as explained earlier, I treat it as a range day. Let's see if my rule works or not this time.
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The poor high on volume profile playing out today, I didn't expected it will get repair today, well I am selling today, so two more sell level to deal with first.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
This is my thinking, my trading plan was there is 3 level to counter trend, LH is in the card (two of that level) and 2x top. new HH from here will reset all that and I will go bull from there. for now let see.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Watch for ema long setup which also means the uptrend today is near over.
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Sorry had to be an Uber driver for an airport run or I would have put this up in a timely manner. From Alistair outside Baltimore and his half price Reuter's terminal (half of Bloomberg).
EDIT Whoops, it isn't lableed in english- MOST SHORTED INDEX
Well this is getting difficult. If it fails to make a new high during regular hours is it a double top or not? Or does it count as a double top only if it fails after the NY close? What if it closes between here and the Globex all time high?
Chart for the Road: /ES overnight last Thursday is not repaired, pull back from here or repair that high first doesn't matter, I will be back to sell until new high is cleared. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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