Short ES on center regression channel.

Feb 17, 2021

If ES breaking below central regression channel (white solid line) then go short on retest of white line. Look at confirm indicators. Headed below ATR (green line) Rsi to break below 50. Be careful though because this is a line and could go long again. Only enter if 4h tf low is below center white line. Otherwise you do not enter. If shorting but turns to be false breakdown then do opposite and go long. Because then I think we go to again new all time high.

Feb 17, 2021

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We see if this my short entry after this 4 hour close

Feb 17, 2021

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Now I am in short and I’m am inside trade. I keep my stop loss small but RR big. ES has a way of being up after looking like short. This is reason for small SL

Feb 17, 2021

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I do not thinking that price will go up over center regression line. It is tested but fail. But always use stop..

Feb 17, 2021

Trade closed: stop reached

and stopped out for a small 40 tick loss. I using small stop loss with ES because taking a short makes you look bad on ES lately. It keeps getting bought back up.