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for Tomorrow I would suggest anyone trading the TF to take 2.5pt profits from swings.... Enter precisely with trend & use an appropriate stop loss...... I usually set BE after im up a point that way i know im safe.. ill keep a point margin but when mkt approaches 2.5/5/7.5/10 pts i like to exit with profits.... mkts tend to reverse after these pts....
Look @ 9:30 candle on a minute chart obviously look at its top & bottom.. count 5/10/15 pts from the bottom of the 9:30 candle & plot horizontal lines while counting up.. do the same for downward but count from 9:30 candle top.
usually at the open (9:30) Mkts tend to take off to the opposite direction before going where its supposed to go for the day.... remember if half the day has passed & mkt is below or above the 9:30 candle... most likely it will stay that way meaning mid day if the mkt is below the open it will stay low & opposite for Bullish....
Im not asking anyone to follow all this stuff but do keep an eye on this stuff as it works you'll be surprised..sometimes we are so caught up with the mkt that we tend to forget all the basic stuff.....
I hope this was some sort of helpful....
if not just my 10 mins....
got hit with 3 points long on 723 but then shorted 719 & did ride it all the way to 714.1 & went long 713.2 exited 714.2..... overall a very nice day.. cause i went long in the morning @ 720.1 & exited 726 flat.... all my entries & exits were pre-planned.. way before I entered any trade.... when the calculation is done before hand there is no stress......
well slowly i will catch up to all that loss
Thanks
bugs I was right when i said that if 723 & 721 break we will have a totally new picture.. Short Short Short......
TF goes down will find support around 687...
& if to go up 703-709 needs to hold.. 733 needs to break... 753 needs to break & tgt 773 should get hit...
703's short term tgt is 733 if 703 stays bought, its a sign of a strong uptrend.. & 773 is inevitable....
but if 703 breaks & support not found around 687 next support & short term tgt is 666