me too.. over lunch period.. i just gave myself a lecture to scalp only long today from now on..and what do i do..i place a short scalp
the blue blob is a 20 minute,15 day capture of the nq ,the widest spots are where the most time was spent trading at any price, the wider the spot, more trades took place at those prices,assume that someone is still stuck with a loser,in this case the wide spot at 1871......(wide spots are nips, narrow are cleavage and ledges are spots where it made a wall, say a big sell order at 1874 for a while that we couldnt get above until it was taken out).....everyone who sold there ,many may still have the position ,so when we return to that price it will stop as those shorts try to break even,...the cleavage are spots between nips where very litttle trading took place and for some reason get filled,1878 is the nearest nip, ..1876 cleavage below that ,normally that short would have waited for the nearest nip for a bid but the tl was higher