This is that contract/time, doesn't line up with your chart snippet. In any case, to answer your question; historical data of time & price would be the basis by which you could calculate probabilities.
%% MAINLY; also have some good investments. 777]l Losses happen; so say I or you have some good trending stuff. 888] Some intraday patterns like that could work timing maybe tricky; with good trends , since you have higher lows + higher closes, [good trend could work like that] [880]Yes ,with your lower highs, may have to take smaller profits; assume nice time frame candles. A very good trend can do 7 candles or more, higher highs . {-666-}Something off 50% all time high, more or less ; +proven price negative some times , just stay out\ no way that's a good trend. Proven price negative or penny stocks means you had to pay me or soemone a lot of $$\ to take it off your hands LOL
Aloha @schizo, It looks like the peaks are separated by a similar amount, with the distance between 2rd and 3rd slightly larger when compared with the distance between the 1st and 2nd Same with the troughs. Distance between each check mark is similar, but the 3rd mark slightly further from the 2nd compared with the distance between the 1st and 2nd. Hoping you might comment on the placing of your markers along the x axis? A big mahalo for the time you’ve spent answering my previous questions! -Mark
Aloha! That was just one among many series of posts I made to illustrate how range can be identified and traded IN REAL TIME. You need to read it in sequence from the beginning to understand. So I suggest you start by clicking the link below (just ignore others' posts in between): https://www.elitetrader.com/et/thre...the-break-intraday.376990/page-9#post-5889707
I agree. Yep read and study everything and go round and round in circles until you 99 years old still trading 1 ES or NQ contract. Lol hahahahahahahahaah
schizo, Thank you for your reply. I think I understand how you define a range (“pullbacks are 3-touches and range is 4-touches or more”) Im hoping to learn about your thought process for the pre-placed check marks with regards to the x axis and the timing of subsequent touches on the edges of the range. Thanks!