Now in closing, allow me to address the take aways from this exercise this morning.
We know it is the last day of 2022. It could stay inside the previous day's range. We looked for obvious Draws On Liquidity and framed the bias as Short.
I took your attention to my V.I. array
We know it is the last day of 2022. It could stay inside the previous day's range. We looked for obvious Draws On Liquidity and framed the bias as Short.
I took your attention to my V.I. array
I spelled out the timeframes, key levels and bias and narrative before the 9:30 Opening Bell. We settled in on a simple & modest 5 handle model for study.
I entered on the very Volume Imbalance I pointed to before price repriced to it, Shorted 1 contract for illustration...
I entered on the very Volume Imbalance I pointed to before price repriced to it, Shorted 1 contract for illustration...
I placed a limit at 5.25 handles which would cover broker costs and net your 250 USD or 5 handles in ES.
It was clean, it delivered perfectly and algorithmically as I explained it would. My entry was on the High of the swing inside the V.I. it had next to no drawdown...
It was clean, it delivered perfectly and algorithmically as I explained it would. My entry was on the High of the swing inside the V.I. it had next to no drawdown...
If you notice I didn't hold for the Draw On Liquidity, I taught you to reach for that in your analysis, but Pay The Trader at all costs...
You will develop patience and precision over time doing it like this. Trust the process, it works. It only fails when you quit trying.
You will develop patience and precision over time doing it like this. Trust the process, it works. It only fails when you quit trying.
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