Remek! Trading Systems

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ES breakout

Reading the clues aka building a case is a skill well worth working on. It is also a skill the human brain tends to be better at than any algo. Looking at the breakout trade on the ES today, see how many hints like these you can spot next time in real time.  The series of clues started yesterday at 3am as we filled the remaining gap below (at 1871.50), rather hastily on the European open. So all the open gaps acting as potential magnets are now above us (with today's exception, but we're not done yet), with 1912.50 being the first one.  We're two points from it as we write this. 

Mindful trading, remember: 2pm FED. No need to fight the big boys (and girls).