Sellers stopped the pattern of higher highs and higher lows, bringing the daily back to a 3 day balance. The session ended within a crucial area. The 3 day balance low of interest short-term (Poor).
I took a nice fade today from B period with your Smash level as stop reference & weakness confirmed by VIX worked pretty well. Thank you. But not having knowledge of order flow sucks when VIX/ES correlation doesn’t work. I have been noticing in recent times VIX eventually works may be late( a day later) so closing near 20s, do you consider it an early indication of more weakness?
Thanks for the commentary on the trades you take. I find this very helpful. With the reversal from the ONL, was there anything specific from the footprint that encouraged you to hold the trade until the 4070s? Do you just stay in the trade until price hits next target or a break even stop? And one one more question if I may--how strict are you when it comes to entering a trade at or near your levels? Do you have a +/- number of points you're willing to enter near a level of interest? Thanks again!
I took a nice fade today from B period with your Smash level as stop reference & weakness confirmed by VIX worked pretty well. Thank you. But not having knowledge of order flow sucks when VIX/ES correlation doesn’t work. I have been noticing in recent times VIX eventually works may be late( a day later) so closing near 20s, do you consider it an early indication of more weakness?
Cleaning poor low & poor structure in OVN, does it count?
Great stuff!
thanks for the added footprint chart, is it your customized one on sierra chart or some other platform? thanks again!
Smash, on Sierra, are you using CFE --> VXH23_FUT_CFE / March 2023 to get your VIX data?
Thanks for the commentary on the trades you take. I find this very helpful. With the reversal from the ONL, was there anything specific from the footprint that encouraged you to hold the trade until the 4070s? Do you just stay in the trade until price hits next target or a break even stop? And one one more question if I may--how strict are you when it comes to entering a trade at or near your levels? Do you have a +/- number of points you're willing to enter near a level of interest? Thanks again!
Hi, what "finish bar" number mean? thx