AM RELEASE: Euro remains the news, and we have a 4 point range in the ES. Reversals will run as the "news wind" blows. BO5 and 10 will be key for ES, 15/20 for the NQ.
ES 1186.25 1183.75 1182.25
NQ 2272.5 2268.75 2266
YM 11342 11331 11304
TF 679.8 677.5 674.4
6E 3611 3598 3578
Sharing charts tonight to highlight key points, so few words! Yeah. The BOT ranges are used 24 hours until a new set is calculated. Most people are getting that a BO tends to run 5/10 to 10/15+. When PA trades in a more restrictive range is the question. For now, we continue to look for runs.
The next important trading factor is to look for common entries across the markets. Money enters ALL in a relatively short bar range. Knowing when money moves in or out becomes a valuable tool for the BOTs.
ES-NQ-TF. Similar buying, BOT support (remember the BOTs come first, then market PA), and selling.
AND, how it worked in the chat room today:
[14:31] <CM> 41 46 53
[14:31] <CM> longs at tl reversal
[14:34] <CM> it is at ema too
[14:37] <CM> 1190.5 2289 684.1 11352
[14:38] <CM> these are longs if this treading water breaks back to the upside and returns inside the bull channel
[14:43] <CM> 46 buyers
[14:44] <CM> es 87.5-88.5 long upside 92.5 dn side lb at 86
[15:06] <CM> ding ding :)
[15:07] <CM> ok 92.25 close enough...
[15:09] <CM> 14:37 post longs paid too
92.5 hit.......... Another terrific day.
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