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Good Morning mfbreakout....this looks really Good for following with intraday swings...i Appreciate the insight of
what you have posted.
CC and ZS charts.
How about that thing called Crude? A certain type of price action happens on DOE report days between 9 -10.30 am eastern time. Basically a rotation glore, so will be flat before the news.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Anything could happen per Ellie Goulding but in trading probabilities are pretty much defined within our time frame.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
If after all said and done and after DOE news ORL is around 82 and price just does not want to go below it, what's the trade? On the flip side if price just keeps failing at ORH what will be the trade? CL is trying to take out some old resistance on the way up. It will go back and forth as she attempts to take out resistance on the way up especially on FOMC minutes pending news day.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Lot of tech names under pressure . FB got hammered down 7% after earning release last night. Market internals mixed at best. TF up 3% yesterday and straight up on weekly basis. We have FOMC minutes due today.
ORH is at 1153. What's the trade if a trader assumes rotational day till FOMC minutes?
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Stopped out of ZS short. Now long. When these instruements move they move like there is no tomorrow.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.