May 152012
Similar to yesterday, price rotated between 2 DTG levels for most of the day. This provided several long and short opportunities. The turns at the top were easier to read and thus the final push the to high of the day is today’s example trade. Price had broken through the pivot and the morning’s swing high and yet could not muster enough momentum to go much higher. There were several pushes towards the HOD which provided the shorting opportunities.
| 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.