Oct 162012
 

The US stock markets had plenty of decent corporate earnings pre-market to help continue the overnight rally. The ES opened in the wide DTG 42.25 level and the institutions never showed any signs of wanting to sell the price area.  Eventually the ES broke up slowly and touched the DTG 50.50 level.  Volatility dried up and over the next hour, an order flow short opportunity finally unfolded for today’s example trade.

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