wreckbeach 发表于 2016-1-12 05:59 PM
how do you think of tomorrow?
thanks.
I've no idea about tomorrow, but ES is up 17pts right now. All I know is short-term signals get confirmed by tomorrow (especially with ES short-term signals which are confirmed at this moment). So, I strongly believe there is at least a higher high ahead.
By the way, I'm not going to post anything on here tomorrow during trading hours. We probably spend the whole day to ski in a mountain resort, which takes about 3-hour to drive there.
Market action today really ruined in my ski trip because all of my positions are now trapped
Anyway, I just spent almost 40-minute to go through tons of charts. My 2cent is that there could be a lower low tomorrow/Friday, but a short-term bottom is not far away. One of my proof is NYMO indicator because it's at oversold level, which suggests at least a sizable rebound coming very soon. Therefore, I'll do nothing except holding my positions for now.
Daily ES chart suggests MACD indicator going to cross up very soon. Green squares show similar big drops during last year before market either forming a bottom or rallying big over next few days.
It has been fun over last few weeks to hang out on HT, but I'm sorry to say that this is going to be my very last post on HT as I've many other things/plans to carry out with my gf from now on. I might come up here sometimes to write a post here and there, but no guarantee. I wish everyone good luck with your trading business.
As for young novice traders, please remember that market direction is very important if you want to make consistent profitable trades. Once you figure out market direction, your trades become less risky (even when you are trapped) and hence, your profits will accumulate.
狗仔卡
发表于 2016-1-12 09:23 PM
发表于 2016-1-12 11:04 PM
发表于 2016-1-13 09:58 AM
