today's trade
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
Opening Swing and first hour-
Breadth -
Silly scalpy trades most of the day because I messed up the morning. Your head fills with all sorts of stupid reasons like; "Well I'm not going to buy into these highs", whatever. I'm not here to position trade, I'm here to DAY trade.
The Opening type was easily recognizeable (Open-test-Drive, OTD), and the first three 15-min bars (first two really) were clearly strong and indicative of a breakout. The MO is to, at the very least, get long after those first 3 15-min bars showing strength, and if your position is not positive over the next 30-45min then your premise might be wrong. I scalped more than I should have instead of holding through to the 1pm (Central) hour when you can always expect a market shakeout before the final 45-minutes of the day.
Blue arrows are entries, black are exits. I even attempted a short!? (obviously not jiving, although I did nail the 'top' I ended up scratching the trade when I could have gotten 1.5-points out of it).
Volume profile - trend day (short covering P-shape)
ES with globex