Apr 102012
Today unexpectantly turned into a trend day. With lack of significant news, I thought we would have low volatility and the 65 area would frame the low of the day. Price paused at 65, but then crashed through; that was a signal that the sellers took contol and ended up propelling the ES down another 12 points or so. Today’s example trade was not the best trade available, but rather the first 2nd push down into one of our support levels that showed some buying interest. I added a little trade management logic to today’s annotated chart since
| Below is member only content. Not a member? Subscribe and join the discussion!. Click here to become a member |
Sorry, the comment form is closed at this time.