Yes, as Frankytrade noted in the comments, this session will definitely require patience. Hopefully, we’ll get some pullbacks to work with, as there’s no need to chase here.
Smash, thanks for all the education and promoting a serious and clear approach to the markets. The detail at the beginning of this post is certainly admirable!
I use a combination of Fibonacci and Initial Balance (IB) extensions to project upside targets in uncharted territory, complemented by 50% and 100% extensions from prior balance areas.
ES already touched FUT 😭😭😭
Yes, as Frankytrade noted in the comments, this session will definitely require patience. Hopefully, we’ll get some pullbacks to work with, as there’s no need to chase here.
Thanks for the guidance!
''Hopefully, we’ll get some pullbacks to work with, as there’s no need to chase here.''
Thanks for the guidance and from me, Smash. Helps to read your insights, you have a tone of experience.
Thanks for sharing the CBOT guide!
Looking forward to Wednesday!!
Thanks, Smash! Looks like this session is going to require some patience.
Friday was an island day so the week should be interesting. Thanks Smash!
Smash, thanks for all the education and promoting a serious and clear approach to the markets. The detail at the beginning of this post is certainly admirable!
Maybe I missed third lesson. For learning purposes, how do we figure out higher targets when we are at all-time highs? As you mentioned in the daily.
Holding above 6812 would target 6841 / 6858 / 6882
Thank you!
I use a combination of Fibonacci and Initial Balance (IB) extensions to project upside targets in uncharted territory, complemented by 50% and 100% extensions from prior balance areas.