Wanted to show off my new mobile trading station to my fellow nomads

First of all - all I did was post my trading setup. I didn't encourage anybody to do anything.

Secondly - I'm sorry, but I'm almost certain at this point that it's you...who does not know what the ever loving shit you are talking about.

I care so little about the fact that algos trade the ES that I got rid of the actual indicators I had that showed me algo orders, iceberg orders, and spoof orders, because they were so insignificant to the price movement.

But you know who else trades ES? Lots of PEOPLE! You forgot about people it seems like.

I'm a people - for example - and I am trading the ES.

And yes - lots of people who shorted the last three times that price moved up to that resistance level had their buy stops RIGHT above that resistance in case the price broke out of consolidation.

Which is why - when prices do breakout - they tend to run quite a bit before finding new consolidation.

You saw it happen right there.

This is so common and predictable it happens multiple times a day every day.

And from what I've learned it's been this way literally for years and years and years.

The algos do not seem to change this fundamental fact.

I would have made money if the price rejected off that point.

And I made money when it traded through.

So please - tell me how TA doesn't work again. My god.

/r/digitalnomad Thread Parent Link - i.redd.it