On today's update, my focus turns towards "trading" and specifically intraday. I break down today's activity in both the NQ and ES with regard to both the Preferred and Alternate counts.
On today's update, my focus turns towards "trading" and specifically intraday. I break down today's activity in both the NQ and ES with regard to both the Preferred and Alternate counts. I discuss the signs that should begin to let us know and understand the depth of the expected decline and what degree would likely be in force. I detail down to the 15-minute charts and drop the EW degree to sub-minuet and also take it up to the Intermediate degree.
Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC Rule 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will, or is likely to, achieve profit or losses similar to those shown.
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