the watch for today: unchanged, be prepared for news event to run market. Can be seen as an event to cover profit taking above the 1200 level.
standard bo5 and 10, watching for 50cb strong day.
ES 1204.5 1200.75 1198.5
NQ 2284 2278.75 2275.5
YM 11379 11351 11331
TF 712.1 709.6 707.9
6E 3819 3799 3777
Weekend is here, so early blog update. FBO of the Short BOT (SB) ran ( a rule) to the opposite level for a LBBO to the first target at BO5. A 50CB strong reversal (part of the release) ran PA back to test the SB.
The SB FBO began the lower channel of the bull run,and the LBBO established the upper TL for the channel.
Some key areas shared in our chat: long and short entries followed the bull channel at key BOT levels.
.If you missed the 50CB short, Bar 12 was a short BO below the trend line and the EMA, but the LBBO provided another location for the short: the LBBO5.
By connecting the LBBO with the lowest bear bar, we had added confidence in the LBBO5 short.
Join us, and learn why others are finding profit in the BOT Trading System.
No comments:
Post a Comment