ES Futures - from the 12/7 low I can see 5 waves up forming a
Leading Diagonal - then the quick flush down this morning into
demand zone. Holding the morning low is now the key to work
back higher.
An excellent time to be patient now for me after the morning
action/profits. As you prior noted a lot of the action has been
coming in the afterhours and premarket sessions, particularly
around these economic reports where volatility picks up. It has
been great for risk/reward when considering the supply and demand
zones. I actually think I'm starting to put some things together
trading wise, my consistency is up and it is much more simple to
execute with my chosen instruments. I only use 2, and a few
tools.
Now back to realizing I know nothing but what I have, the major
areas of consideration, gaps, and taking the next trade totally
independent with the new information I need to consider. Doing what
I can to enter into high probability setups. Being here has grown
me a trader, thank you guys.
ES Futures - from the
Posted by steve on 9th of Dec 2022 at 08:58 am
ES Futures - from the 12/7 low I can see 5 waves up forming a Leading Diagonal - then the quick flush down this morning into demand zone. Holding the morning low is now the key to work back higher.
An excellent time to be
Posted by fundamentalvalues on 9th of Dec 2022 at 09:06 am
An excellent time to be patient now for me after the morning action/profits. As you prior noted a lot of the action has been coming in the afterhours and premarket sessions, particularly around these economic reports where volatility picks up. It has been great for risk/reward when considering the supply and demand zones. I actually think I'm starting to put some things together trading wise, my consistency is up and it is much more simple to execute with my chosen instruments. I only use 2, and a few tools.
Now back to realizing I know nothing but what I have, the major areas of consideration, gaps, and taking the next trade totally independent with the new information I need to consider. Doing what I can to enter into high probability setups. Being here has grown me a trader, thank you guys.
Got a nice entry. Was
Posted by arun on 9th of Dec 2022 at 09:00 am
Got a nice entry. Was feeling left out I missed the ES system buy signal from yesterday. picked up ES at 3940