Background

Sellers Control 20 DMA on Bollinger Bands ES NQ Day Trading Futures Trade Plan

Buyers bought the dip last week and Sellers have taken control back at the 20 DMA for both ES and NQ that now find themselves at their 50 DMAs. RTY just in balance on top of the 20 DMA so can go either way. Wont drag anything anywhere but if it goes sell it will compliment the ES and NQ. Last week the lows felt unfinished. Maybe we go finish some business down there? EU saying higher inflation albeit “transitory” but nonetheless this thing has been selling since London open. Look for some inventory correction into some obvious areas discussed in the video. Good luck.

Trading Futures, Options on Futures, Options, Equities, Cryptocurrency and Retail Off-Exchange Foreign Currency Transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

#PitFuturesTrading
#OrderFlow
#Footprint
#TimeandSales
#VolumeProfile
#MarketProfile
#SierraChart
#EminiSP500Futures

https://thepitfuturestrading.com

Be the first to leave a comment

Leave a comment

Your email address will not be published. Required fields are marked *

0%

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation