Watch this video how our Roller Coaster indicator picked this nice 40ish tick move on ES on a 1 minute chart. Currently in a wave 4 pullback using our Elliot Wave indicator. Our BITS software picked up the move about 4-5 ticks early and was extra confirmation of taking the trade. What system, process, or indicator are you using to find 40 tick moves on a low...
Wave 4 pullback on ES 240 chart. Look at the long term 240 channel we are just below it and just below the center on a current trend 240. Our Elliot Wave indicator shows us in a wave 4 pullback. We will see what it does Sunday when the markets open.
Look how this 60 min regression channel respected the channel top, center, and bottom channel lines. More importantly, look at how we kept bouncing around between weekly and daily gaps filling unfilled orders. Just because we fill a gap once doesn't mean it's not good anymore. Proof that gaps are a great support and resistant lines to spot reversals intraday. Drop...
