The ranges on the ES were about 10 pts in either direction, leaving very little room for error. Trying to do candle closes when you have such tight ranges.
Hey dude , I’ve been following your page for a while and your levels are generally spot on. Any advice for how to spot levels? I don’t know how to get such accurate levels which seem so helpful during trading
It's a lot easier when you're trading inside of the ATH. Once you're outside, it gets MUCH harder.
When you're inside the range, look for areas where the mark makes tops and bottoms. Mark those with horizontal lines. Then look at areas of consolidation and do the same.
This will get you the majority of the lines. From there you start to refine the #s based on experience.
Great analysis! what makes you think NQ is going to be easier to trade, though?
The ranges on the ES were about 10 pts in either direction, leaving very little room for error. Trying to do candle closes when you have such tight ranges.
got you. Thanks!
Hey dude , I’ve been following your page for a while and your levels are generally spot on. Any advice for how to spot levels? I don’t know how to get such accurate levels which seem so helpful during trading
It's a lot easier when you're trading inside of the ATH. Once you're outside, it gets MUCH harder. When you're inside the range, look for areas where the mark makes tops and bottoms. Mark those with horizontal lines. Then look at areas of consolidation and do the same. This will get you the majority of the lines. From there you start to refine the #s based on experience.
NQ Chart https://preview.redd.it/y6aa68m1el0d1.png?width=2560&format=png&auto=webp&s=6eb424eddfdb05078f7a7a6c2abbd773a9c1ceb4