Steve simply showing how volatile the moves are overnight, which
let's be honest is just the new norm these days,
and overnight lows/highs are often retested during the trading
day so good info to know
anyway here's a 30 min ES chart, last night after I fiished the
newsletter I saw a textbook MA Ribbon bearish squeeze, I wasn't
able to take the short but showing as an educational example, was
perfect. It's that first squeeze that's the powerful one.
tgo5043 - I have discussed this a few times (use the search
function). A quick answer is that over 90% of the time the
overnight low or high is tested during market hours. And that
was already the case today. This provides guidance during the
day and many trades for those who actually grasp this fact.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Steve, would you explain the
Posted by tgo5043 on 10th of Sep 2019 at 09:39 am
Steve, would you explain the significance of the ES Overnight Trading Range? Thanks!
Steve simply showing how volatile
Posted by matt on 10th of Sep 2019 at 09:58 am
Steve simply showing how volatile the moves are overnight, which let's be honest is just the new norm these days, and overnight lows/highs are often retested during the trading day so good info to know
anyway here's a 30 min ES chart, last night after I fiished the newsletter I saw a textbook MA Ribbon bearish squeeze, I wasn't able to take the short but showing as an educational example, was perfect. It's that first squeeze that's the powerful one.
tgo5043 - I have discussed
Posted by steve on 10th of Sep 2019 at 09:58 am
tgo5043 - I have discussed this a few times (use the search function). A quick answer is that over 90% of the time the overnight low or high is tested during market hours. And that was already the case today. This provides guidance during the day and many trades for those who actually grasp this fact.