-609.60 loss!! -61% At 5:30 we had a sharp upward trend that closed the overnight gap from yesterday's close. Then at 6 am we kept trading, making the gap close. Open was at 3818.50 which was the value area low from yesterday. Lower value was rejected from overnight lower value. The first minute candle was … Continue reading Friday 10/28 Trend Day
Tag: trend day
Tuesday 10/25 Trend Day
Today started of with the assumption that price and value will drop. Yesterday we topped out at the important level of 3820/3822 swing level high from 10/5. This was an open auction day that did not look back or retest. The IB also only brought in 1600 new contracts only, a very anemic level. Additionally, … Continue reading Tuesday 10/25 Trend Day
P shaped trend day
The purple line in the middle is the halfback line from Friday's very intense rally to the downside. Meaning on Monday morning we already made halfway back of the losses from Friday. The opening range did not offer a trade with a range of over 9 points. Should have found an entry during the overnight … Continue reading P shaped trend day
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