Updated Price Action Indicators (1.08) – Buy Sell Pressure, S/R Day Trading SR Pro, S/R Opening Range, Simple Always In

S/R Opening Range

Opening Ranges are important to a lot of traders because they often provide an indication of sentiment for the day’s price action. 

The latest version of the Opening Range indicator just got an additional setting for showing the Price Action around important levels of the Opening Range.

If price is close to the High/Low or middle of the Opening Range Price Action at the corresponding support/resistance level can be highlighted. Pullbacks or Tails at these levels can be highlighted as well.

Continue reading “Updated Price Action Indicators (1.08) – Buy Sell Pressure, S/R Day Trading SR Pro, S/R Opening Range, Simple Always In”

E-mini ES 2018/08/28

Bull gap, above HOY, BB, bear CH, CXT, 1CHBO
2BR, IOI, 3BR, OIO, 2BR
BB yesterday’s PM trading range (LOD)

daily chart
Yesterday closed above the 1xMM of the last PB (the blue line)
that became intra-day support already yesterday and was support today as well

using bear failures in a bull and vice versa
such failures are:
fBO tick failures of swings and SBs (fEB)
BT and 1tF BT of SBs and swings
BB and SA after 3 or 4 bars of same color
SE in a PB (failure to reverse the trend)

E-mini ES 2018/08/22

Continuation, BP, DB, DP, fL1, HL MTR, 1tF EB, 2BR, SC
FOMC report, Brs at the OOW

daily chart
Srs at the 62% retrace of the bear move of the last two days (see fib)
weak EB for the bears (no close below the SB)