Here is updated chart of same thing 15 min. Off to the races....I watch 5 min TF..15 min..30 min and later in session will watch 60 min too. Most trades I do off 5 min chart and occasionally will fine tune entry on a 1 min chart. Larger TF above 5 min help for just a larger perspective and sometimes useful for stop placement, adjustments..PA confirmation etc
You may wish to truck it over to this thread to see some more of my beautiful charts from a longer TF perspective. https://www.elitetrader.com/et/threads/reversal-shorts-top-in.332075/page-2#post-4850345 LOL
And today's joke....is this for real? Cut rates and push more QE?? What is the idea behind this .why don't we just push rates negative and hand out a few hundred thousand to each citizen. How much more propping does this world economy need......are there people in agreement with this, if I was the fed I would raise rates to 5% tonight based this headline alone!!!! Trump calls on Fed to cut rates by 1% and urges more quantitative easing PUBLISHED AN HOUR AGO UPDATED 21 MIN AGO Jeff Cox@JEFFCOXCNBCCOM KEY POINTS President Trump intensifies pressure on the Federal Reserve, calling for a 1 point rate cut and more quantitative easing. The president compares the Fed unfavorably to China’s central bank, and says more stimulus would see the U.S. economy “go up like a rocket.” https://www.cnbc.com/2019/04/30/tru...rcent-and-urges-more-quantitative-easing.html