Hi Everybody,
I hope you all have not forgotten to use the DP on any move from just after the open on the US e-minis. If you look at this 3min ES chart, you can see how the ES declined just after the open but ran into DP support. This was also at the Typical Wave C WPT support zone as well. This then nailed the very low of the day for you !
The ES then rallied into the “opposing” DP for a very nice +3.9R Profit (ignoring slippage and commission). A very nice start to the day.
Yes this was a slightly Advanced Trade, but it is one that I have looked at many times before.....
Thanks, Steve
I hope you all have not forgotten to use the DP on any move from just after the open on the US e-minis. If you look at this 3min ES chart, you can see how the ES declined just after the open but ran into DP support. This was also at the Typical Wave C WPT support zone as well. This then nailed the very low of the day for you !
The ES then rallied into the “opposing” DP for a very nice +3.9R Profit (ignoring slippage and commission). A very nice start to the day.
Yes this was a slightly Advanced Trade, but it is one that I have looked at many times before.....
Thanks, Steve
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