Daytrading ES

now waiting for 2H to get oversold, might take a while

 

He cannot because it is all in his head.

 

more exact would be waiting for 4H to get oversold

 

Would you mind defining for us what you are using to consider a market "oversold?"

 

the 4H down engulfer came yesterday afternoon

 

target prices

3984.00
3962.25

all above published toby crabel stuff i watch every day.

 

I just noticed this is even an 8H short so not any target nearby. Will have to wait some more for that ...

 

No I misread my chart, it's just a 4H engulfer to the downside

 

I keep adding slightly to my short here untill the end of this hour ... where I will reverse to long

 

Are you closing your hours at the top of the hour or the bottom of the hour?