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?
Thank you! Yes, I like to trade the Euro session. I approach it in a similar way as all levels are valid throughout the 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.
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
50K traders per bar.