05/14/2012 Example Trade

 Post Trading Analysis  Comments Off on 05/14/2012 Example Trade
May 142012
 

Cautious trading was expected this morning as traders weigh the anti-austerity leaning results from Greece’s elections.  The first DTG level reached played out well as price bounced off the S2 pivot and then came back are retested before heading back towards the high of the day.  There were several opportunities for entry as detailed in the chart below. Continue reading »