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Scarborough, Ontario
Experience: Intermediate
Platform: NinjaTrader, MetaTrader
Broker: Mirus/Zenfire
Trading: CL, EURUSD, 6E
Posts: 88 since Jul 2009
Thanks Given: 7
Thanks Received: 49
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This is something somebody told me.
It seems true.
ES likes to trend between x28 to x77 levels.
This means that ES moves from 877 to 928 or 928 to 977 etc etc.
This daily chart shows.
Breaking these levels means that it will change to the next range if it is a strong trend. eg, we have broke the 877 level and on the way to 928. We might bounce around here but 877 is the support level.
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