This morning I need one of my levels to get hit as early as possible so I can get out of here. Gotta hit the marketing trail today. Just like in the markets SELL SELL SELL. This is the part of work I enjoy.
Heads up this a.m. --- I have significant Market Profile levels at 1353.25 and 1357.25 above our current trading levels. Expect resistance at the levels to look for a trade set-up (they should at least be good for one decent bounce to play....and they can at times turn into big follow through reversal trades).
5P, Thanks for the heads up. I should be out of my trade before it hits there. I want to see what will happen at those levels though. Especially the 1357.25 one. Have a good trading day
rverheyen & Gary, Rather than get in this dicussion this close to the open, I'll defer it untill later this evening when it won't be so distracting. That'll be around 8pm CST when I get home from work. I have a couple hours this morning to trade so lets make some money.
Stopped out at 1347.25 System is reading perfectly. Did I use it? No! Why would I when I have my Magic 8 Ball. Fucking Idiot!
That still might end up being a decent play. We are just starting the day very choppy like yesterday.