Markets are often in the same pattern for several days. This week's pattern for ES has been sell at open, push up before noon and drop in the afternoon. It has been happening since this Tuesday. After recognizing it the more important issue is how do I plan my trade base on it. The trick is that one won't know when the pattern will change.
Well, at the last 40 minutes of closing ES bounced from a double bottom. ES is closed at 1692ish，the higher part of the CHVA. It's parked at a neutral of BBD/M. It could go either way tomorrow or the next few days. I guess people are waiting for Washington.
I tried a scalp of put 1670 at 75-55C and missed it because I moved the entry from 55 to 60c. A bad habit costed me $100 quick profit. I only got 1 scalp for Monday the month end contracts.
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