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E-mini ES 2019/06/28

Bull gap, above HOY, Opening Range, fBO, TRI, BT, SC, 1Tail

one can see very clear that nice fight starting after lunch for the close of the day

  • we formed a small TRI around the OOD
  • fBO above the TRI, short entry on a mDT
  • 2nd fBO below the TRI and testing the BO point of the SC from the morning forming a ledge
  • bulls B the fBO of that 6 bar ledge, which is also just above the shallowest TL from the day and yesterday
  • smashing the bears 😉 going into the close, but stalling just before the OOW

the last setup occurred three bars before the close
a large FT bar with a prominent tail, which is a setup I call 1Tail, the 1st intra-bar PB after a strong BO
entry is lmt C the FT bar, stop goes at least below the BO bar (here around 6 points)
it’s shaved open is a strengthener, occurring just before the close weakens it a bit

daily chart
Always In Short (AIS) since 06/25
Brs above the H1 SB from yesterday, we closed the gap with Monday

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E-mini ES 2019/06/20

Bull gap, above HOY, TRI, 1P, fEB, BP TRI, bear CH, mTT, fBO, mDB, mW

a bear CH ends in two ways:

  • a bull BO, that takes out the last two lower highs
  • a bear BO (acceleration)  and failure (like today, a fBO testing the HOY)

daily chart
Always In Long (AIL) since 06/04
bears see a DT with the ATH and probably sell the Close

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E-mini ES 2019/06/18

Bull gap, above HOY, T1B, DT, fBO, fH2, TRI, BP TRI, mDT, XT

b2 is a very strong Trend Attempt (TA)
off of support and breaking a resistance by several points
decent size, shaved Open, very small entry side tail
a high probability trade, if using a bar stop and going for 1x IR
draw a MM immediately to figure out your target, as computers do that too 🙂

daily chart
Always In Long (AIL) since 06/04
BO bar, but taily and just below the ATH
wait for FOMC tomorrow

 

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E-mini ES 2019/06/11

Bull gap, above HOY, Opening Range, BP, fH3, mW, BT, fBO, HL MTR
the HL MTR occurred late in the day, so you need to be careful trading that

from The Opening Range
“When you get bar 1 and bar 2 in opposite directions, you can assume this is probably the Opening Range.
When bar 2 is an Outside Bar it is probably the Opening Range too.”

daily chart
Always In Long (AIL) since 06/04
mDT and sellers just below the 05/07 high
this is the high of the BO bar from the topping formation (SHS)

Continue reading “E-mini ES 2019/06/11”

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E-mini ES 2019/06/10

Bull gap, above HOY, Opening Range, misplaced RVB, bull CH, fL2, mDT, L2, WfBO

daily chart
Always In Long (AIL) since 06/04
a weak bear RVB (almost no body and no close below the prior bar’s close)
aggressive bulls see a BT of the HOY and B lmt C
they also B the 1st weak bear close after 4 bars up