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Shorted MGC at 1248.50 with plan to add at higher levels. Planning to add to YM short....I know these both doesn't make sense wrt correlation but that's what it looks like right now.
I can't access my system, I will get back to you on the evening. This morning I was so sure because there will be uncertainty in the minds of traders before the report but now report is out that uncertainty is gone away so variables changed and I am not sure of anything... BTW, is that bookmap chart? (ES).
I am very sorry, I couldn't get back to you yesterday night due work and personal reasons. Looks like it's moot point now as price is back Monthly VWAP and bounced again as I was expecting but didn't execute it. If you see these instruments mainly oil and mini Russel and few other instruments it's like a clock work but I don't know why I don't have trust in my analysis I keep on missing these moves. Of course, we have been in the mindset of it's bad to catch a falling knife etc etc. but you can do it with certain levels almost 98% certainty just need to have a plan to scale in at different levels for worst case scenarios. I do have a question for you regarding order flow readings. Now, since I know what levels to look and trade but only thing my mind is looking for that confirmation which I believe I can get using order flow (at least it soothes my mind ). Since I can't watch these levels all day long, I just want to use 5000 or 10000 volume charts and find out absorption at these levels here is MultiCharts volume delta chart would you be able to point out how do you read this chart wrt absorption.