Well after the market opened, I waited for some clear direction before blindly entering. Nq traded down to the mid point of the lower balance range I outlined before open. Just like before buyers took control here and we saw an imbalance back up. I waited for a pull back to get long and did just that. At 1592.25 with a stop 1590.75. I was stopped out quickly for a 1.5 point hit.

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Another rejection at the 1600 area. I zoom in and see we are basically within yesterdays balance area.




I am also taking note about the range sitting in the upper half of this recent imbalance higher.



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A video of what I am seeing. Just a test of an idea because I am too lazy to type and upload pictures everyday.

Going to try one more trade here, the pull back into the 90-93 zone, which was rotation off the open. It resulted in a push up and failure at 1600 area. After it has failed after the 1600 failure, seems only proper to try a short. However, I have to keep in mind, the stopping point near the lower extreme of yesterdays trading. Currently short 1591.75 stop at 93.75 Tgt looking for a break down to the bigger time frame area of 1575.



Update

Owned yet again...

Broke 1590 pushed down to the lower short term extreme from yesterday, tried to short around 1590. Took another hit for 1.5 points. This journal will definitely outline the consistency in my losing