4 thoughts on “Buy ES APMDT ep=2746.00 ee=12:00 tg=2765.00 st=2736.00 ts=14:30 (disc)

  1. Price improvement on the entry. Was posting here on THQ while price dipped a little below my intended entry.

  2. Reasons to like the trade: Premise is good. Doesn’t require much range extension to hit target. Good risk/reward ratio. Current pullback, to get us to the entry, is about 50% of day’s range. We’re getting close to pulling back to the open, which is a level price often holds before initiating a trend. Price already went through yesterday’s close convincingly in ES, TF, and NQ.

    Reasons not to like the trade: We’re close enough to today’s low, that big money who wants to get long might wait until then to put on their positions. Stop is within the day’s range.

Comments are closed.