-1pt Continuation Gap + Block @ Globex Lows and Pros on open lows = Trend continuation from prior days rally.

-1pt Continuation Gap + Block @ Globex Lows and Pros on open lows = Trend continuation from prior days rally. With the +15pt gap and subsequent rally yestarday we had a large markdown and accumulation Spike early in the globex session. Price opened to put in a PB in trendd signal on the open breaking the EOT with Block Bars pushing through resistance. The Daily is now back in trend with Probars in the background. A test and hold of 1688 could mean more upside to come.
Key Trade of the Day:

Trade Review :

ADJUSTMENTS & OBSERVATIONS:

On TRD 10+ Gap days, Consider Bailing on whole position instead of taking halfs off.

Be Very Quick to cut out of positions that stall or dont move in favor immediately. You can always reenter even at a worse price without chasing.

On Range Gaps - Be Patient and look for Liquid Entries at extremes.

Stay Focused after a good start and look for opportunities. Forget your P&L and focus on more opportunities.

When you get off to a rough start lower lots and be patient.

Have stronger and clear Background before entry to give more patients, confidence and trust in your entry.

Never Rush the Open - If you miss the open then sit it out or wait for an ideal setup before entering.