I kind of agree, and then used my indicators and charts to make a winning trade in CL and ES at the same time. I made $ 150, I guess this would be considered a scalp. My risk vs reward was equal on CL, on ES I originally had it at equal, however, after my CL trade closed at a profit I closed the ES trade a little earlier before it reached final target. In hindsight I see my final target was hit but I don't know if I would have gotten filled in real life. However, I do see I could have made a little more on both trades since CL was higher before and if ES was going higher, I could have targeted a higher level for CL, and I could have set ES stop to BE, and targeted a little higher.
By the way, I created a new indicator in my head but not sure how to place it on a chart unless I learn to program for Ninja Trader. Its a fairly easy indicator, and I can do it in my head so I am aware of it for example when it activates.
Flush crash candle still rules. To paraphrase The Great Joe Pesci - Dey is askeered. Close back into the candle body would probably seal the deal.
looking very strong. The bulls should really charge soon. Really want a pullback to get in again, but i've got a buy order sitting at 1164 as i dont wanna miss the next ramp. Would rather a drop though so that i can get in cheaper.
Its gonna be some 40 minutes! :eek: hehe. Were you kidding when you wrote this, or did you really think we were gonna have a huge selloff out of interest?
I agree, there's a lot of airspace until next resistance if this thing can break out with some conviction, but it's rather overextended and a good pullback to a higher low would set up a better probability breakout, IMHO. GL!