Blog tagged as Time Based Entry
In recent years the last trading day of the month has often moved in this direction as it approached the close...
Is this a random winning streak or is there something to this? You tell me.
This pattern into the close the day before options expiration has often favored the long side, check it out.
The markets have seen choppy action and light ranges today, let's see what that has led to as we approach the close.
The markets found a bottom early and are marching back towards yesterday's close, let's see what that has led to as we approach the end of the session.
The markets gapped up this morning and are trying to hold above Friday's High, let's see what that pattern has led to as we approach the close.
This unique day has often pushed higher into the close, I'll let you decide if it is signal or noise...
The markets are testing below yesterday's low as we approach the close, let's see what that has led to in a similar environment.
We are potentially forming a unique price pattern that we haven't seen since March, here is what it has led to historically.
Day - Monday
Opening Gap Direction - Up
Market Status - Large morning up gap followed by sideways day
Instrument - ES, NQ, RTY, YM
Trading SetUp - Long
Market Trend - Weak Bull
Trade Type - Time Based Entry
Entry - 3:00 pm ET
Exit - 4:15 pm ET (Market Close)
Note: Most tests/studies are done going long...
