May 172012
The ES literally pinballed between the DTG levels today providing numerous trade opportunities. I’ve combined the Price Level Recap and Example Trade today to highlight all the ‘virgin’ opportunities. Basically any trade from any virgin level opportunity would have worked provided a big enough stop to handle the overshoots. Order flow was present on most turns, but truthfully given the volatility and speed of some turns; a little faith in the support and resistance areas was needed to take entries.
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