yes fred - shorting that bounce was easy peasy, as an example
showing a 1 min MES chart - notice that abc 3 wave bounce, you then
had a perfect resistance cycle, and a trendline break on the RSI
indicator at the bottom. I shorted near the resistance cycle with a
tight stop above it
I expect we'll go lower
Posted by fredsaid on 7th of Mar 2023 at 10:34 am
I expect we'll go lower after this bounce...
yes fred - shorting that
Posted by matt on 7th of Mar 2023 at 10:46 am
yes fred - shorting that bounce was easy peasy, as an example showing a 1 min MES chart - notice that abc 3 wave bounce, you then had a perfect resistance cycle, and a trendline break on the RSI indicator at the bottom. I shorted near the resistance cycle with a tight stop above it
You're right Matt. That one
Posted by racerick on 7th of Mar 2023 at 10:52 am
You're right Matt. That one was almost too easy. I just need one/day like that one on Es, Covered at 20.75 because I've got to leave.