Got out of the long trade and when short after the point 3 around 1399... so now it has been Ye Freaking Ha to the downside from 1397.75 to 1392... and i have now bailed on a scale out of half on the break of the day's low... color me a happy Channeler... FTT = FIT (Failure in Traverse) my new name where the maket throws a Fit... cj...
I tap outed after congestion period 2pm - 3:10pm, it was exhausting to follow them, hat off to those who follow it to the end
Today's ES Chart. I've added some extra annotations after market close in an effort to show those still struggling with Gaussians how to 'ignore' the fine detail (for now) while remaining focused on the larger picture. Judging from the nuymber and quality of psots today, it does appear that most enjoyed a pretty good day. Nciely done. Keep up the great work. - Spydertrader
Nice. Similar to what I learned. Spyder mentioned after an FTT we should be seeing decreasing non dominant volume.... I was reading this over and over and then today I suddenly got it. Anything else means price will just continue. Ivo