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Bit of sell off late yest and stayed at weekly vwap/yest ETH lows through Asia session, with rally during Euro opening session pushing ES up (or vice versa).
Heres weekly vwap bounces as posted on elite ES thread.
And all sessions PnF - looks bit messier today - still like the 92 level, and 98 holding for now so if revisits see what happens on internals. Yest hi above as poss resistance and noting downward wedge forming.
And some levels - ETH obv TBD.
Quite a few figs out today, poss increased vola with Italy referendum on sunday, NFP etc. Am interested to see how I trade if vola does increase - so far its been fairly straightfwd range days, will be a good test - stay nimble.
My bias today is neutral really - despite uptrend, and more cautious about fading close levels with full size. Week vwap/day S1 96-98 but thats close, as mentioned 89-92s decent prev support & week S1, day S2, looks ok.
Def wont be as hasty as yest diving into a mid range ish trade just cos DOM + PA + internals - it has to be levels as well (minus DOM, do not look at DOM).....in my defence the level i shorted 1st thing @2206.50 was due to price not making a new HH so obv cannot be at extremes....but to counter - it was 1st 15 mins of RTH so it was jittery enough to hit stops w/o actually doing much. Good debate having with myself - guess thats the point.
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Having an issue with Sierra charts cancelling my stops when my limit gets filled. Perhaps when internet connection goes down - need to sort this out asap.
(I took a long scalp 30 mins ago @2201 initial bounce was gd but then everything looked heavy so i took a hit - down 1pt).
was typing out: I am out of 1 lot just before yest vwap 2203.50 & i did some bad scalping lol, and tried to add but not much of pull backs.
then got filled remainer @ 2204.75.
That trade was quick +14.50 pts net 13.50pts. Shame didnt have full size on cos R1 wld have been my target.
Hmm done target for day and bit early in day.....so will look at R1 for fading if all else falls in line, but trading small size now w/ low RR. Pleased though.
