This is a great chart Matt. Some things take time to sink in for
me. I'm just noticing that the levels shown here coincide with the
ES levels that Steve posts everyday. Someone pointed out how long
it takes to build a plan and be able to execute over time
consistently. It reminds me of when I was learning to play guitar,
there is definitely a curve for getting going, though once I did,
the skills build, confidence, and then you can do some things you
never thought possible in the beginning. Thank you!
Great call by Steve of the supply zone. I was prepared to scale
a short trade into higher areas, though the amount I played worked
out nicely, further strengthening my positioning with the added
profits. I took profits in one account and left some on as the
entry price is very good another against some longer term swing
inventory..sold some on the long side into the strength as we were
gapping up before the number. Then bought that portion back on the
woosh down after that number.
The gap totally flipped now from it being a gap up to a gap
down. Pretty cool hitting on both sides.
re: supply zone 3,984-4,015, also used chart provided with fibs,
and chart provided with supply and demand zones (my charts used for
my plan, attached from the newsletter)
Thanks for the great work in the newsletter Steve!
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ES futures
Posted by matt on 9th of Dec 2022 at 08:36 am
shows how price rallied up to that resistance level, where is perfectly stalled. Big sell off, for now bounced off the 3925 pivot
https://www.tradingview.com/chart/XhdK9UKW/
These ES levels are really
Posted by rfa300 on 9th of Dec 2022 at 09:57 am
These ES levels are really good. Great guidance and thank you! Is there anyway you can show a 3 min or 5 min time frame with the levels?
looks like we are still
Posted by retirefire on 9th of Dec 2022 at 10:39 am
looks like we are still coiling
Coiling me right to sleep!
Posted by Trendie on 9th of Dec 2022 at 10:40 am
Coiling me right to sleep!
Those levels apply to all
Posted by steve on 9th of Dec 2022 at 10:03 am
Those levels apply to all time frames - look at structure and patterns intraday
Ok. Thanks. Just easier to
Posted by rfa300 on 9th of Dec 2022 at 10:22 am
Ok. Thanks. Just easier to see on the Trading View link since it's "Read Only" mode and we can't change the time frame.
This is a great chart
Posted by fundamentalvalues on 9th of Dec 2022 at 09:21 am
This is a great chart Matt. Some things take time to sink in for me. I'm just noticing that the levels shown here coincide with the ES levels that Steve posts everyday. Someone pointed out how long it takes to build a plan and be able to execute over time consistently. It reminds me of when I was learning to play guitar, there is definitely a curve for getting going, though once I did, the skills build, confidence, and then you can do some things you never thought possible in the beginning. Thank you!
Great call by Steve of
Posted by fundamentalvalues on 9th of Dec 2022 at 08:47 am
Great call by Steve of the supply zone. I was prepared to scale a short trade into higher areas, though the amount I played worked out nicely, further strengthening my positioning with the added profits. I took profits in one account and left some on as the entry price is very good another against some longer term swing inventory..sold some on the long side into the strength as we were gapping up before the number. Then bought that portion back on the woosh down after that number.
The gap totally flipped now from it being a gap up to a gap down. Pretty cool hitting on both sides.
re: supply zone 3,984-4,015, also used chart provided with fibs, and chart provided with supply and demand zones (my charts used for my plan, attached from the newsletter)
Thanks for the great work in the newsletter Steve!