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For you ES traders - it's commonplace to to take out the Globex High or low (high percentage of time) and sometimes both highs and lows Just a tidbit
There it is on ES 4040 the Globex Low
Steve, is this a high percentage reversal signal?
No it's just a target level as stated below. It could produce a reversal but needs to be supported by price action.
Ok, thanks.
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For you ES traders -
Posted by steve on 30th of Jan 2023 at 01:26 pm
For you ES traders - it's commonplace to to take out the Globex High or low (high percentage of time) and sometimes both highs and lows Just a tidbit
There it is on ES
Posted by steve on 30th of Jan 2023 at 02:31 pm
There it is on ES 4040 the Globex Low
Steve, is this a high
Posted by Ray on 30th of Jan 2023 at 02:44 pm
Steve, is this a high percentage reversal signal?
No it's just a target
Posted by steve on 30th of Jan 2023 at 02:46 pm
No it's just a target level as stated below. It could produce a reversal but needs to be supported by price action.
Ok, thanks.
Posted by Ray on 30th of Jan 2023 at 02:47 pm
Ok, thanks.