used flow indicator to get short on the break down at 56.70 ... covered too soon. Following the flow should have given us another $1.00 on the short
If you ignore what you think a trading vehicle should do and instead follow the flow and price, you get better entry and exit points. When you start to think the derivative is not doing what the news tells you it should, you are then lead into buyers or sellers traps - dont let the algos get your account
Every day, trading opportunities present themselves .. if you follow the flow - releasing your mind from being a bear or a bull - you can capture 10 ES points on a daily basis. This morning we took the cue from the flow indicator then waited about 5 minutes for a pull back to buy with the blue arrow. The ES grinded higher into 11am eastern, popped where I took profit.
flow pattern gave the buy
as of yet, no clear sell signal, though wisdom and past experience would have us take profit at the unch level where we are seeing conjestion at the moment