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@the_mrvalentine@LadeBackk Thatโs not a bad idea to have it post those. The stops are usually kind of deep like ~25 to give the play room. I usually recommend to people to scale in when it posts.
Silver gave us a beautiful setup this morning. Took an entry when it held our bottom level, then another when it retested our double levels knowing that it usually pumps off those. Done trading by 9:35am!
Frustrating morning trade but in hindsight, the $ES_F levels we had told the whole story. Our bottom double levels held to the penny and we pumped right to our top level, to the penny ๐ฏ.
If youโre trading futures off weekend news youโre doing it wrong. The plan was simple last night. Long $ES_F on our 6785 level reclaim. An easy 20+ point trade before bed.
With such a massive gap up, coming up with a plan today was tough. When that happens, I just defer to whether or not we have levels there. The failed breakdown off our $ES_F 6800 level paired with an RSI reset was the move.
Iโm not even paying attention to the news, just our levels. Once we lost that 654 red level this morning, it was bearish. Now $SPY needs to reclaim that 655 level we have before 658 is back on the table.
Iโm not even paying attention to the news, just our levels. Once we lost that 654 red level this morning, it was bearish. Now $SPY needs to reclaim that 655 level we have before 658 is back on the table.