Check where ES closing, almost exactly at 4464. If you or anyone else knows so much about trading, why does no one post actual views in advance? Majority of people here have to see a move to take or talk about a move. What good does hindsight trading do? There's all my post. Time stamped. 12-24 hours in advanced. Pulled back exactly into the small 4.75 point range and closed within 1 point of first target. Have a great weekend.
Like mr volpri said <<high win rate is an important and necessary metric for scalper>> by the way where did volpri go?
Reason I can't post trades in advanced cause duration of trades are in seconds/minutes and yours are much longer. Although I will use S/R, many signals are formed by actual bar formations or relationships. I average 82 trades a day, much more concentration is required in my style.
No that's completely understandable. Actually most of my trades are seconds to minutes as well. I trade mostly based on micro structure action and high probability setups on smaller charts. But on a good amount of days the market is already "set" meaning "they" whoever they are already have a set goal and price point they are going to take the market to. The dynamic and sometimes tricky part is what route they take to get there and that of course depends on the amount of liquidity / supply or lack there of that they run into on the way to the set goal. This is the "random" action that so many people speak about. There's many players in the market to be taken advantage of and they are trading at different times. So, this of course allows a wide variety of strategies to be used to make money. But within the overall macro text, like I was saying and like you know first hand even if you get that wrong or don't even have the awareness of that, doesn't mean you can't see a setup or pattern where they are taking advantage of others creating a temporary imbalance that you can capitalize on.