Information released this AM to subscribers:
Ranges for today. With optimism in the market, the surprise will be
selling back to/below SB levels as reality come back in vogue.ES 1170.5-1165.25-1160.25
NQ 2226-2215.75-2207.75
YM 691.3-685.7-681.7
TF 11054-11012-10967
6E 3725-3685-3658
Subscribers got a jump with the early LBBO to the +5 area. With a surprise move in the works, it would be difficult to get an initial run to LBBO10/15. The MAXT and 50CB were early entry points for the reversal. The surprise move turned into a bearish channel, with a break lower at the Middle BOT with extra help from the 50CB at the US open.
The market became balanced with a bo+5 to bo-5 run. The SBBO reversal was a long indicator. The rule is: a FBO or a reversal is likely to run to the opposite range, It did, and no coincidence, was the top of the channel.
We had three elements coming together for a significant move: the LB. the EMA, and the upper channel. When PA can break 2 or more elements, a significant move is expected.
This was noted in the chat room, and very beneficial.
[12:23] <CM> we now have PA at three elements together on the chart: lb/ema/ top of channel anytime pa can bo 2-3+ elements the run will be extended. if it holds, extended failure expected. conservative approach: use entry at 1st pb
[12:24] <CM> aggressive set bracket either side or simple play long/short candle above/below higher/lower element
1[12:25] <CM> this case long bull candle bo at lb short bear candle bo of ema/channel
[12:28] <CM> lb bull candle
[12:30] <CM> strategy: take +1 and be bal be if 1c
The break occurred, and the professionals ran the market for a +20 from the SBBO5 to the LBBO15. The long and the conservative long (CL) ran and ran and.....
[12:56] <CM> this would be the conservative entry watch.....
[13:07] <CM> CE in profits
No one can guarantee you 5, 10, 15 points+ per day, but then it is always fun to try!. The BOT Ranges are sent to you before the market opens. We don't create PA, it comes to us.
No comments:
Post a Comment