Okay Joe - that's understandable and thanks for the feedback.
Quick notes: See the triangle (coiling pattern) on ES and
the trigger is a break of the pattern which produced a nice trade
then it backtested and failed (as I posted below) and then moved
down quickly again to reach a measured move (shown on SPX chart).
Bulls still on the defensive here with lower highs and lower
lows.
ES Updated Chart From This Morning
Posted by steve on 14th of Nov 2024 at 12:37 pm
Did anyone follow this setup
Posted by steve on 14th of Nov 2024 at 01:10 pm
Did anyone follow this setup on ES from earlier today?
No, I’m still learning and
Posted by joellov on 14th of Nov 2024 at 01:29 pm
No, I’m still learning and not sure the best way to handle that one… but thanks!
Okay Joe - that's understandable
Posted by steve on 14th of Nov 2024 at 01:47 pm
Okay Joe - that's understandable and thanks for the feedback.
Quick notes: See the triangle (coiling pattern) on ES and the trigger is a break of the pattern which produced a nice trade then it backtested and failed (as I posted below) and then moved down quickly again to reach a measured move (shown on SPX chart). Bulls still on the defensive here with lower highs and lower lows.
Thank you for explaining… much
Posted by joellov on 14th of Nov 2024 at 03:51 pm
Thank you for explaining… much appreciated!
:)
Posted by ruidoso on 14th of Nov 2024 at 01:29 pm
:)
Evidently not - so I
Posted by steve on 14th of Nov 2024 at 01:19 pm
Evidently not - so I will refrain from such posts and concentrate on my setups.
Blog requires a like button
Posted by andrerozzo on 14th of Nov 2024 at 03:08 pm
Blog requires a like button
ALL your posts are valuable
Posted by brophy on 14th of Nov 2024 at 02:10 pm
ALL your posts are valuable Steve. That one was good if only to reinforce my opinion of neg direction today. THX!
Agreed! I get so much
Posted by jerkelly on 14th of Nov 2024 at 02:16 pm
Agreed! I get so much from your posts like these. Thanks Steve and keep them coming!
I agree..Thanks Steve
Posted by kevinkim9600 on 14th of Nov 2024 at 02:55 pm
I agree..Thanks Steve
Steve please keep posting your
Posted by DK on 14th of Nov 2024 at 01:38 pm
Steve please keep posting your ES and NQ setups, they are very valuable
Steve, I agree with brophy
Posted by lnelson214 on 14th of Nov 2024 at 02:18 pm
Steve, I agree with brophy and DK. Your set ups are very valuable and educational! Please keep posting them.