NQ at trendline resistance.

    Posted by kobie on 27th of Apr 2022 at 09:53 am

    NQ at trendline resistance.

    Awesome short at resistance!!!

    Posted by kobie on 27th of Apr 2022 at 10:28 am

    Awesome short at resistance!!!

    Flirting with that trendline again..

    Posted by kobie on 27th of Apr 2022 at 12:42 pm

    Flirting with that trendline again..

    yep stalled right there

    Posted by matt on 27th of Apr 2022 at 10:14 am

    yep stalled right there

    image shows 3 min ES

    Posted by matt on 27th of Apr 2022 at 10:21 am

    image shows 3 min ES on left -notice how friggen wide that MA ribbon got and you had a resistance cycle - visually when you see the ribbon that wide you know you are at least due for an abc or more. Trigger on that for me would have been shorting near the resistance cycle indicator. A second trigger was the lower high doji on the middle 1 min chart, and 2 more triggers on the 30 second chart on the right with the overbought Stochastic / MACD KISS signals

    I took the shorts - but covered too quickly - should have given more room - these moves are so fast

    holy cow this market is

    Posted by matt on 27th of Apr 2022 at 10:45 am

    holy cow this market is fast

    you cannot day trade ES futures unless you have  a good system and plan 

    try to trigger off price

    Posted by matt on 27th of Apr 2022 at 11:40 am

    try to trigger off price action and a candlestick when possible as this gives you system-like tight triggers and stops. Here's an image showing a 5 min ES chart on the left and 3 min chart on the right

    On the 5 min you had a huge hammer doji candlestick which to trigger long off - buy stop 1 tick above the doji. And your evidence for a bounce was how crazy wide the BPT MA ribbon was

    Thanks Matt... I actually caught

    Posted by greggone on 27th of Apr 2022 at 11:46 am

    Thanks Matt... I actually caught some nice trades using the slow stoch trigger you showed. Is there a way to see the BPT MA other than when you post screenshots on here?

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!