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what can I say.. You finally got to me - I am officialy down to one trade per day by my rules.
In the distant future, I can already visualize myself camping in front of maybe three different markets, predetermined levels with note for required reaction. One shot per instrument. Bang, next.
If it only wasn't so tough to be patient...
P.S.: Nice to see you got another bread n butter setup
Yesterday: range 173 points and quite high volume with peaks.
Total volume was > 120K contracts.
Not the best conditions for a normal trade - so not the usual Wednesday short.
High volume and no direction. As well as much uncertainty in the moves
as price shot up and down several times. Only to come back to the entry again (nearly).
From backtesting data it appears that the previous days range is not an issue as regards a following day range.Hence todays short would of been a nice + points trade.
Thanks @CPRICE76 for mentioning.
It is Wednesday in extremis that is on both sides useable. But my longtime views on all weekdays
concerning 150+ points were all the same: negative.
Now I tried my short wednesday rule TODAY with an entry 10:30 @ 11952 short and exit 13:00
@ 11854 which gave today 98 points.
On that one you were right.
