ES Journal - 2012

What does that area your pointing to signify...

 

http://www.elitetrader.com/vb/showt...6934&highlight=bells+and+whistles#post3266934

 

sh 94 2 pt stop target 89-87

 

sr touch

 

out 87 5

 

pa looks as if someone is absorbing the downside liquidity

 

yes, it is the feds

 

you see the multi tick jumps to the upside.. then another huge slam.. looks like the downside orderflow broke the mean reversion algo's

 

thanks Ammo... i need to read up on Market profile.. i actually remember asking you about it before..

 

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