I started watching YM and TF like you were doing with ES.
I look at all three for support/resistance but mainly trade ES
I just sent a PM and you hit the nail on the head. My first losing day in awhile and I'm beat so I am done. Down only $80 though so I can accept that. Call me tonight if you have time.
At EOD I may have a long trade and what I'm looking for is price to start fading back above tomorrows POC
if it moves down from 12550.
I've had decent success with this trade to the downside and haven't tried it very often going up.
I'll probably SOH but I'm just letting you know things I think about.
Two way street. Well, maybe not quite () but you have to admit I did come up with some good info. Just can't anticipate a correction like this one. My trade may also still be valid but I decided enough was enough.
I am going to gamble Sunday at open. I'll go short with a tight stop at open. If I'm right I'll keep moving my stop accordingly. I'm looking for a 20/60 tick profit in about 30 minutes and then I'll get out.
"There's no reward in life without risk.". Barry Farber
I think Barry is right but I decided to hold off and I'll wait until I know the 'Price is Right'.