ES futures buy the dip odds

Stats were bullish for the ES. High chance of closing above the open; high chance of closing green on the day; high chance of closing above previous high. But, the ES also had a high chance of a gap fill. I took a long entry after the gap filled because getting before that would be asking for a high probability draw down. The trade still resulted in some heat that was disproportionate from the profit, but nevertheless it was a profit.




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