Aug 232013
 

trade_130823

It was a quiet European session overnight as they head into a long holiday weekend.  The only economic data was the 10am EDT New Home Sales.  Coming into the cash open, the ES had a lot of resistance above which I thought would be difficult to move through until the new home sales data was out of the way.  I was surprised that the ES pushed higher premarket into the DTG 60.75 level by the cash open.  A nice short order flow opportunity soon unfolded making today’s trade come in early.

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