Today’s session resulted in an upside continuation, closing with an upward spike. The spike base is situated at 4199. The more aggressive level to observe is the prior 4-month balance high of 4208.
With a first shift day job, trading is challenging. I’d like to do some trades in the evening, say from 7 pm to 10 pm CT but the low ES volume makes that tough. I use Think or Swim but the commissions are quite high for futures. Perhaps I could get up super early occasionally and trade the European session.
Albeit a noisy day the only good trade I could see is what market profile showed us, Trade against that poor high. Anybody anticipate a squeeze or a crash got slaughtered.
4163 was a moneymaker today! Thank you Smash!
Really nice flow today. Thank you smashelito for the written recaps of the moves - always a pleasure to read 🙃. Have great Friday.
All hail my king smash!
With a first shift day job, trading is challenging. I’d like to do some trades in the evening, say from 7 pm to 10 pm CT but the low ES volume makes that tough. I use Think or Swim but the commissions are quite high for futures. Perhaps I could get up super early occasionally and trade the European session.
Smash, you provide great analysis! Do you trade /ES outside of the regular trading hours? If so, how do you approach that differently?
Albeit a noisy day the only good trade I could see is what market profile showed us, Trade against that poor high. Anybody anticipate a squeeze or a crash got slaughtered.
Poor high formed yet no period close below smassh level
Heckuva day! What settings is this footprint chart you show? Doesn’t look time based