@PatternProfits My experience is if london takes both sides of asia, it generally means nothing is certain. Plus today is friday. With nq 5m bar on average 100 points, its a good time to just see and do nothing !
Indicator below tracks the summarised movement of top 40 stocks in Nasdaq (weighted). It shows that most of the heavy weighted stocks are going down, but ES sideways/NQ slowly grinding up. When there is divergence, it is not a good day to trade.
today is a freaking balanced chop to death day !
Caught a short in NQ but my thought is it will tag the overnight low ! it didnt. Good thing i closed manually.
A sample Playbook to beat Tilt!
7am Magic Hour Retrace to Mid-point
8am ALN
9:30-9:45 $NQ 15min ORB to .5 Ext
9:30-10 $ES 30min ORB to Time Based Liquidity
10:30 IB
12pm Noon Curve
1pm Lunchbox
2pm Hourly Break/Retrace to Open
3pm Power Hour Breakout
No random trades! πͺ