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I am having a hard time lately deciding if the day is going to end up in a trend or a trading range on the 5 minute chart for E MINI S+P. I am perceiving break outs during range days and getting stopped, and today 5/12/23 I thought it was going to be another range day so I scaled lower and eventually got stopped during morning session.
Can anyone share some general advice or a list of clues to help determine a higher probability of a trend vs. range bound day? Thanks everyone and good luck trading!
Very helpful I will have to reference those videos and also keep in mind current position on the HTF bigger picture. Thanks for the help!
