Yeah it looks pretty mixed. You can argue its an A_Up but we came off RTH R1 so quick and right back into the OR.

IBL also broken, probabilities that we break both sides of the IB are low if i remember correct (30% ish).

We are much closer to the overnight low than the overnight high, which is another reason I am thinking down is more likely.

Either way, its quite mixed and you can argue the long side too. I'm happy to wait for now.

Just about to get stopped here.

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.

Just about to get stopped here.

i wonder what @Inletcap would be doing here, I miss his posts!

me too!! i am think long until FOMC? long 1 add around 43 looking for it to go back to 41

cant see this continuing a downtrend as far too many support levels.....but selling pullbacks would have been the strategy......i tried that last week and got cleaned out, but PA has been very different today (not inc ETH).

well i got one thing right. shame i got 3 entries wrong.

i am going to be super cautious from this point on til January, as think its bit dangerous around certain levels - some of the price action looks weird, and i may go into scalping mode for quiet times.

New swing trade rule: i can only buy/sell once at 1 level if i get stopped at it. If i scratch/win then i can re fade that level.

I was in meetings up til just now, i am ultra busy with other stuff, but should be back on this full time tmrw.