I chose the name because the book "Flash Crash" about Navinder Sarao was real eye opener and inspiration for me.
While the NQ has been making new all time highs by the minute, ES has finally dragged itself into the selling zone of the recent daily trading range. A successful breakout above represented by the green up arrow. The bears first sign of hope would not be see until the levels of the red down arrow are trading again. I'm done for the day and I'm not going to fade this rally into the release of the FOMC minutes.
ES, NQ, YM close at 2:15 PM Eastern today according to the CME website. That means anyone who gets trapped in by the FOMC release at 2 PM Eastern will have 15 minutes to get out or else will have to hold until they start trading again tonight. Weird that they close early and yet re-open them to trade overnight and until noon tomorrow. CME Group Trading Hours - CME Group
Please correct me if I'm wrong, but I think 12:15 Central time (Chicago) is 13:15 Eastern time (NY) Edit: they reopen on Friday, not tomorrow, AFAIU
tempted to try a little L on ES for the 5600 test Still holding ym already annoyed I closed NQ, as I knew i'd be! haha. Already nearly 60 points up since i covered
What a great group here in this thread. I'm checking out until Friday. A good holiday to all. I'll be working on an NQ method that I will call "When in doubt, Get Long!" I'll give all credit @theapprentice and @Laissez Faire if profitable. If not profitable, I'll share the blame with them