Today's observation, avoided losses but also missed out on profits…

Well, the weekend has passed, and there haven't been any significant updates on the macro front or news... I can only wait to see what happens after the U.S. stock market opens..

Looking back at yesterday, it was right not to be aggressive.. Both aggressive ranges would have been stopped out.. However, I also didn't catch any profits below 116000..

Although I knew something would happen after the CME opened, the buying pressure was still too strong.. It only injected liquidity for 3 days.. It left a week's worth of liquidity below 116000.. None of the grid orders I placed between 116000-115000 got filled.. ε=(´ο｀*))) Sigh

Let's continue to look at the technicals..

So far today, we've just gone through a 3-day liquidity clearing process.. First clearing at 116600, and just now clearing at 119000.. Everything that needed to happen in the short term has mostly happened, and we may need to continue trading until the U.S. stock market opens tonight...

On the order side, there are large orders at 120,000 for contracts and orders.. I had an order at 119,800 but missed it by a few dollars. (Yesterday's bearish outlook)

Let's see if there are still opportunities later..

Today's strategy.. Bearish because the previous test at 120,000 didn't get filled.. The next test here may break through.. Inject liquidity.. So let's split the orders.. Place half of the regular position above and below 120,000.. This way, the stop-loss can also be moved up to 121,100..

For aggressive buying, consider 118,200-118,500.. Today's densely traded area + today's previous low.. If it breaks 118,000, then run..

If it breaks, then I won't place the low buy orders in advance, afraid of getting trapped.. I'll just watch the market.. Still waiting for opportunities below 116,000 that were there before..