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I dont like how its building value down here and rejected upper 50s so quick in rth. But was also mindful that I have been getting caught shorting the market (despite good entries, logic, rr).
Hi @pramadas - i dont use MP - it added another layer of contextual analysis into the mix which i really didnt find useful. And many levels coincided with standard support/resistance levels drawn from PA. (The fact that the footprint had about 7 different pattern scenarios for taking a long entry imo meant it was pointless referring to it).
I also really didnt like the fact that MD stuck false stats to support use of their product on their website, and kept them there for so long.
But yep, tick div, PA, and just the standard vwaps/pivots/OHLCs for context also. Nothing set in stone though, and find using some more than others during the day/weeks etc.
This looks like a decent PA level 2248-2249 to look for turning points:
The long bias was cos even intra day levels were being defended last week - mid points in intraday even. Its a strong trend - had massive risk on momentum from oil, and reacted to it.
