Two filters I use for confirmation to avoid early entryCheck out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 11 Aug 2020 trading session. In this video, I am going to show you the market recap on the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). In this particular review, I will focus on how to avoid early entry by using two filters as confirmation. Going forward, I will cover the bias, the key levels to pay attention to, the potential setup for the US session later.
Check out my daily market analysis video on last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - bullish (Day trading); bullish (long term)
Key levels - Resistance: 3385–3400; Support: 3355, 3335–3345, 3300, 3273, 3230
Potential setup - Look for reversal signal near 3355 to long.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
