Today we had a 11.5pt Gap up and rally on the 7:00 bar at which point we drifting up finally breaking out of consolidation on ly to roll over midday closing near the open.
Recap Notes:
Trade Selection - Good trades only took 2 sequences, one 15 single cycle that also setup as a 15 open ice BT style. The 2nd was a liquid trade for scratch.
INTANGIBLE OBSERVATIONS:
Trade the Trends - Trading the trends until we reach a marked Time Interval, at which point we need to consider exiting or reversing, Be aware of the Cycle that happens just at the Time Intervals, they are high quality trades especially in the longer term term direction.