Next bounce at; 5530.25- 5526.75 Manage risk; a 15 min close below 5526.75 Reward; 8 ticks+
NYSE:ES if you want to go long for a scalp of 8+ ticks with minimum risk wait until we hit any of these ranges; 5550.50 - 5543.25 5530.25 - 5526.75 5514.00 - 5509.50
This is the only level to watch. If the 15 closes above that; long. Otherwise short risking a close above that
Easy scalp idea; Wait for 5503.75 then if needing to average down 5504.75. Go short here for an easy 8 tick bounce. On future funded accounts using 4 contracts you’ll make; $400 with 8 ticks.
Waiting for 5408-5406.50 to buy long for a scalp. Remember we don’t need the whole move. Just a consistent piece
Needs to close above 5424.50 to be bullish. Sitting on my hands leaning bearish right now
Looking for a short scalp when we retest 5459.50. 6 ticks at least.
The only way I’ll touch NYSE:ES long is when it retest these levels. I’m fine missing a move. Willing to wait to minimize risk is the name of the game; 5444.75 5439.50 5426.25 5419.50
The only way I’ll touch NYSE:ES long is when it retest these levels. I’m fine missing a move. Willing to wait to minimize risk is the name of the game; 5444.75 5439.50 5426.25 5419.50
IF you want to minimize risk (name of the game) and trade before FOMC; wait until we get a pullback into 5,432.50-5422.50. If you're trading a prop firm account you can expect at least a 16 point tick move bounce.
Risking a close below 5343.75. I like the imbalances we have. CPI/FOMC tomorrow.
In at 5360.75. Risking a close below 5359.50. Just looking for a scalp to 5366+
I really like the imbalance we entered. I think below 5312-5314 we see more downside. Until then; I’m long here