Avoiding The Chop. As day traders we need price movement. We do not care which way it moves or why. As long as it moves. Compression is brutal to try and trade in. Gold futures spent the day in compression.
Failed Bull Flag In The ES. This is a Monday with out any significant scheduled news. And it is a Bank Holliday. Typically these can be choppy days. There was a good opportunity to the downside off of a failed 30 minute bull flag in the ES Futures.