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Situation:
After a good up gap today we have to follow the Wednesday rule set.
This gives for this situation a short until 14:30 (getting cash in from the peak).
In fact we see 12k still as a good resistance which is not taken out on a gap day.
Just my 2 cents.
As you know my system takes a trade earliest 9:30 - and then the pre cash hour
and the cash 30min have already shot all money into the ring So it is
time to bet on the right side: that means short!
Thanks for your input:
1) The Thursday range was low (only Wednesday was high - only cash hours!)
2) My short based on a very thin signal between 9:18 to 9:30 and gave
the wrong direction which led into the stop.
In fact taking the opposite trade within the given time frame it would have
ended with 30 points plus.
Things are sometimes very narrow. As it is part of the game I do not worry.
After some days of indecision and sideway (non)move today we might see some hasty up
and downs. After the 4h chart some upmove is quite obvious because of the support of Kumo.
But no guarantee here.
Just be alerted of the event of the day and maybe a trendsetting for the next weeks.
So it is
