The E-mini appears to be in no man's land.
To me, this means that price is trading in between two levels of my interest:
1) somewhere that I can short (the red box)
2) somewhere I can go long (dark green box)
I will keep these levels in mind, knowing that the price is not desire-able for me to trade (I am thinking about setting alerts which I don't do).
I remembered that your goal shouldn't be to look for a trade.-- well, you should, but -- we are looking for our strict set up and nothing else. That is discipline-- the plan.
I am not interested in any other set up than these obvious supply/demand zones that you can identify on the 1h/4h chart. The 5 minute is for entry? This is one laid back strategy unlike the intense morning trading in the US exchange for the first two hours and then power hour. This is different.
To me, this means that price is trading in between two levels of my interest:
1) somewhere that I can short (the red box)
2) somewhere I can go long (dark green box)
I will keep these levels in mind, knowing that the price is not desire-able for me to trade (I am thinking about setting alerts which I don't do).
I remembered that your goal shouldn't be to look for a trade.-- well, you should, but -- we are looking for our strict set up and nothing else. That is discipline-- the plan.
I am not interested in any other set up than these obvious supply/demand zones that you can identify on the 1h/4h chart. The 5 minute is for entry? This is one laid back strategy unlike the intense morning trading in the US exchange for the first two hours and then power hour. This is different.