04/15/2013 Example Trade

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Apr 152013
 

trade_130415

After the Boston marathon bombing, remembering what how the market unfolded before is a little difficult.  I posted several charts in chat showing the day’s downtrend and how it remained intact throughout the morning.  The only clear order flow opportunity against the trend unfolded during lunchtime while I was away from my screens.  The opportunity did not work out, but it provided several warnings which I detailed on the chart below. Continue reading »