Daily ES Signals
Upgrade to my chaRTroom add-on to see the signals in real-time. I annotate them on a live chart, while fully describing the methodology behind it. It's a practical learning lab, where attendees are encouraged to ask questions and to comment. Each session's charts is appended below.
- Line segments (blue, green, red) were placed on the chart before price action ever got there.
These "inflection points" anticipate specific behavior.
- Signals are blue segments, and remain on the chart whether or not triggered.
Signals with arrows were probed beyond 3 ticks past 3 minutes.
- "Reaction limits" (green or red segments) identify if the signal's momentum remains intact.
The first 3-minute probe of at least 3 ticks must hold.
- Signals and limits offer guidance to traders for placing their entries and stops.
One's own risk tolerance helps to define the trading strategy.