View Categories

When RES or SUP breaks in Fut session

< 1 min read

I don’t know whether this is normally the case, but moving my SUP 1 level to reflect Fut session activity would have given me a much better orientation today.

My attention was on missing out… so … I miss out. Instead my attention could have been on ‘what is going on here?’

SUP 1 in the original position above TL, but market goes down to test the TL before the open and in so doing, breaks my SUP 1 level

This is a classic pattern: TL breaks during the Futures session and the makes a dramatic reversal at the cash open – so my brain is thinking ‘Short!!# and the market is taking off in the other direction.

This is SUP 1 adjusted to account for the Fut session move and this means that the LOB is a 3Min Bolli buy

TRADE PLAN: when RES or SUP levels are broken in the Fut session, they need to be adjusted before the cash open

Powered by BetterDocs

When RES or SUP breaks in Fut session
This website uses cookies to improve your experience. By using this website you agree to our Data Protection Policy.
Read more