ES 40k V
ok, so I had umpteen plans and ideas today. I drew lines, I counted my candles, I put in stop orders after stop orders that didn't get filled - which was a good thing (I would hate to be trapped at price top!) - then I put in an order to buy a BEAUTIFUL "3rd touch" (see chart above) setup (which would have been a very profitable trade HAD I TAKEN IT!!) - only to end up buying a "bears trapped in, bulls trapped out" setup.So, yes, I'm a little upset.
But that's not why I'm calling it a day.
It's 3am my time - that's an hour away from market close - and ES has hit 937.5 resistance ie. I'm just being realistic.
If price wants to probe higher, that's not my concern. It's D's. He just sold some shares. He hates leaving profits on the table.
To all who have left comments: I'll reply in a few hours...I just really need to get some sleep first...my apologies...
Daytrader: THANKS (though I haven't checked out your post...but THANKS!!)
1 comment:
Nice catch. if it happen early before midnight i'm sure higher chance that u will catch the 3rd touch. I call that area "Bermuda triangle". Of course I didnt catch it at all ;-)
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