The Tao of Minimalistic Trading: $300 Daily Profit

counter-trend setup developing, but potential not worth the trouble, so should fail before it develops enough to trigger.

edit ...best wait for the continuation down to setup.

 

Long 34.25

Edit: placing a stop and price target

ST 29.25
PT 64.25

 

I expect a major short-covering rally.

 

good field position if a short sets up

 

short again

 

YM and NQ finally confirming ES

edit ...was dicey for a moment

 

NQ needs to break here. and it does finally!

now es is free to decline

 

should decline now

 

that was dicey for a moment! not as bad as controlled martingale (lol about that bs) ... but damn near gambling

 

counter trend setups almost enough to make this short not worth the risk