Tomorrow I do not expect much. Fridays are usually pretty dull for many markets. Will still try to get a bit.

Here is what I expect from waves and to our day trading method that is going to use Fibo.

One may want to check with their broker. Sometimes I hold these positions from one session to the next. If it is broken every 24-my broker says fine-it is a day trade. If your not allowed to do this, then out at end of day. I will show that way.

With markets opened 24 hours is not like before when they closed all night long. Today one can place the trade and the market will catch their stop. No big gaps like overnight closed markets to have one worry about their trade losses. Yet, trade it the way you feel comfortable with.
Last two days we had two fair trades. I did not take either one. Show them on the chart. One was fibo and other a double top.

If one could have held them till next session. The money could have been doubled. By going from one trade to the next or taking profits higher and reestablishinng positions. You need to paper trade to experiment with your abilities.

I need to clarify a thing here. I am short this market for a short term trade(3-4 months) from 926. So when I go long. I am actually taking profits and re-establishing my position up higher. When I am short I am adding on contracts for that day.

I am looking for a double or hook in the .618 area to get on board tomorrow for a day trade.

Someone may ask why not use the fibo on the chart for entry? One could. In this case I would use .618+. The problem lies in that this distance of retrace---has the market overshoot a little more making the use of a one point useless or failure more often. Needs a wider stop. So we want to find a smaller retrace pattern that makes the retrace tighter so only a one point is risked. That was are criteria and we stick to it. No exceptions.

As one gains experience they can do these pretty easily by eagle eyeing them.
Practice mentally on all this or paper trading. No cheating--cheating will crucifix you later when reality trading is started. Not responsible for your dishonesty and no one will catch you, but you. This is one time you can lie all you want---you harm no one but yourself. Well, if your single.

So tomorrow let us go day hunt'n for profits.