Tuesday, 12 January 2010

3min ES longs Part 2


Over the past few days I have been talking about only trading the “most obvious” and “cleanest” setups. The long trades yesterday were a good example of this. Particularly the way there was no obvious and clear minor abc in the two trades early in the day.

Compare these to the DP buy, where we had the added confirmation of a very clear high volume (VSA) spike as well as the clear swings going into the low.

This made the DP buy the best and “most obvious” long trade yesterday....

Thanks, Steve