Early RAMBO patterns can be great reversal signals. Look for them from about 8:45 to 9:45 am Chicago time.
‘RAMBO’ stands for Reversal of AMateur Break Out. It’s when the Amateurs are leading the break up or break down and then get wrong footed. The Amateurs might ultimately be right about the direction, but are just too early. Or the Amateurs have just got the direction wrong. Either way, the Professionals will move the market against the Amateurs to get them stopped out – usually at a previous pivot point. (And that’s when you get a RAMBO to RAMBO channel.)
Seven 9am RAMBO trades from first 2 weeks February 2019
In the charts below, the vertical yellow dotted line shows the beginning of the Emini day session at 8:30am Chicago time. Then the “9am RAMBO” trade is marked with a vertical dotted blue/cyan line.
9am RAMBO Setup on 1 February 2019
9am RAMBO Setup on 5 February 2019
9am RAMBO Setup on 6 February 2019
9am RAMBO Setup on 7 February 2019
9am RAMBO Setup on 12 February 2019
9am RAMBO Setup on 13 February 2019
9am RAMBO Setup on 14 February 2019
Good luck with your Emini trading tomorrow.