Today we had 2.0pt continuation Gap into newer highs, but met immediate with Profit taking from fridays close to push price back down to strong support. With Fridays block and pro bars into support we had a bullish premise. However with No news we traded in a tight range through 3 Time Intervals before breaking out into the days highs with ended with Block Ops Bars and NoD to end the rally.
Recap Notes:
Trade Selection - Great Trading but very early entry. Had an accurate premise, added to the position at Premise lows within my wholesale range, but had to hold for over an hour! I Trusted my premise and allowed the time intervals to play out.
INTANGIBLE OBSERVATIONS:
Daily Premise and Market Bias should be trusted- Today my highlight was my ability to trust my premise and be patient after an early entry.
Be very patient on NO news days- ES tend to trade in tight ranges before moving so the premise must be trusted in these situation